Summary - 9 WELLESLEY STREET STOKE-ON-TRENT ST1 4NF
7 bed 2 bath Town House
Proven HMO income with redevelopment potential — auction sale, buyer fees apply.
7-bedroom end-terrace HMO with approx. 2,336 sq ft
Previously achieved £36,000 pa gross rental income
Freehold; sold with vacant possession
Private garden, rear yard and parking for 5–6 cars
Gas central heating, UPVC double glazing, cavity insulation
Wired fire alarm, intruder alarm and CCTV present
Sold at auction; buyers fees and admin premium apply
Located in very deprived area; high local crime rates
A substantial seven-bedroom end-terrace townhouse offered freehold and sold via online auction (27–28 October). Previously let as an HMO to students, corporates and assisted-living clients, the property has a proven gross rental history of about £36,000pa and versatile short- or long-let potential including Airbnb. The building extends to approximately 2,336 sq ft across multiple storeys, with gas central heating, double glazing and cavity wall insulation already installed.
Practical features include a private garden, rear yard, driveway with parking for around 5–6 cars, wired fire alarm, intruder alarm and CCTV. The house is in easy reach of Staffordshire University, the Royal Stoke Hospital and local transport links (A34/A500/A50/M6), making it attractive to student and key-worker landlords. EPC rating is D.
Important considerations: the property sits in a very deprived area with higher local crime rates; buyers should factor this into management and insurance costs. The sale is subject to buyers’ fees and an administration/buyers’ premium (£1,800 each, inc. VAT) payable on exchange — check the legal pack for full disbursements. The house will be sold with vacant possession and may require upkeep or reconfiguration to maximise rental value.
This is a hands-on investment suited to an investor prepared to manage an HMO, complete targeted refurbishment, or re-market for short lets. It offers clear income history and scale, but buyer should budget for operational, safety-compliance and neighbourhood-impact costs.
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