Summary - ST8 7QH - Regent House ST8 7QH
1 bed 1 bath Detached
Six-flat detached period block with refurbishment upside, sold at auction — ideal for experienced investors..
- Six self-contained flats on one large period building
- Two flats let, four currently vacant (refurbishment required)
- Potential annual income > £25,000 (subject to works and re-letting)
- Six separate 999-year leasehold titles from 2008 — check terms
- Solid brick pre-1900 construction; no wall insulation assumed
- C EPC; double glazing since 2002 but heating old-style boiler
- Area deprived with above-average crime; investor risk to consider
- Sold at auction; administration fee and legal pack to review
An extremely large, period detached building split into six self-contained flats, offered for sale at auction with clear development upside. Two flats are currently let (circa £700pcm total believed) while four are vacant, giving immediate scope to increase income through refurbishment or re-letting.
The property sits on a small but prominent plot close to Stoke and Biddulph with strong local rental demand. Constructed before 1900 with solid brick walls and double glazing fitted post-2002, the building has a C EPC but lacks modern insulation and needs internal upgrades throughout.
This is a straightforward acquisition for buyers comfortable with an auction purchase and leasehold titles (six separate 999-year leases from 2008). There are material matters to check in the legal pack: ground rent/service charge terms, the stated administration fee, and any disbursements. Planning scope exists to reconfigure or extend subject to consents.
Important negatives: the area is classed as deprived with above-average crime, several flats are vacant and require modernisation, the building shows wear and some internal defects, and services have not been tested. Buyers should budget for refurbishment, confirm tenancy details, and allow time for statutory enquiries before bidding.
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