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See how verdicts work5-bedroom house · ST1 3BB
Listing removedReduced £15k (−5.2%) on 30 MayListed 225 daysAuction 20 Apr · ended
Opportunity summary
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About
Freehold apartment block (5 Apartments) Fully Tenanted with an annual income of £31,620 For Sale By Auction at 6.30 pm on Monday 20th April 2026 at the Double Tree By Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQ Contact the Auction Team to Register: or Description - The property comprises 5 self contained apartments, 4 are currently tenanted, with an annual income of £25,680.
Once the vacant apartment is let, income is estimated at £31,620. Information regarding boilers, heaters and other appliances available on request.
Location - The property is located on the boundary of Hanley Park, with 3 apartments benefiting from park views.
A number of amenities are located nearby, including; Hanley town centre (1.4 Miles), Tesco Extra (0.8 miles), The Regent Theatre (0.9 Miles) and Festival Park (1.3 Miles).
The property is also conveniently situated near a number of large employers, including Bet 365 (1.9 Miles), University of Staffordshire (0.6 Miles), Royal Stoke University Hospital (2.6 Miles) and more.
Accommodation - The layout of the apartments is as follows; Flat 1. Ground Floor - £6,900 Pa Flat 2. Ground Floor - Vacant (Est. rental value of £5,940 Pa) Flat 2a. First Floor - £6,120 Pa Flat 3.
Second Floor - £6,420 Pa Flat 4.
Third Floor - £6,240 Pa Any sizes / values quoted by BJB are correct to the best of our knowledge, however we would recommended all interest parties carry out their own checks before relying on any information provided.
Local Council - The site is located in the Council district of Stoke-On-Trent City Council Council Tax & Epc - All 5 apartments are council tax band A.
All 5 apartments have separate EPC ratings and are as below; Flat 1 - D Flat 2 - D Flat 2a - E Flat 3 - D Flat 4 - E Tenure. - Freehold - Subject to any existing Tenancies. Vat.
- All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated.
We have been advised by our Client that VAT in NOT applicable, however all interested parties should make their own enquiries to satisfy themselves with the VAT position. Pre-Auction Offers.
- Any pre-Auction offers should be submitted via e-mail to residential- .
All offers will be forwarded to the client for consideration, but please be aware that the majority of clients prefer to let the marketing run for a period, prior to giving serious consideration to accepting any pre-Auction offer.
Common Auction Conditions. - This property is sold subject to our Common Auction Conditions (a copy is available on request). Buyers Admin Fee.
- A buyers administration fee of £1,800 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date. Legal Pack.
- Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty.
It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price.
The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office.
These documents should be passed to your legal adviser as they will help you make an informed decision about the lot.
If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue.
Remember that you buy subject to all documentation and terms of contract whether or not you have read them. Addendum.
- Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.
Internet, Telephone And Proxy Bidding - We are pleased to announce that we are now back in the Auction room at the Double Tree Hilton Hotel (Moat House).
However, we also have the other bidding options available: On-Line / Telephone / By-Proxy. You will need to register in advance and provide two forms of ID.
Register at or contact the Auction Team on or . Legal Costs - Please refer to the auction pack in respect of any legal fees or search fees which may be due upon exchange or completion.
Deposit - Please note that a deposit of 10% of the purchase price (Min £3,000) will be due on Exchange of Contracts, whether the land / property is sold prior to Auction, in the Auction room or after the Auction.
All Enquiries - Joe Boulton Assistant Land Manager Land & New Homes Team residential- Margaret Tinsley Land Administration & Business Support Land & New Homes Team residential- Looking For Land & Development Opportunities?
- Please note that not all opportunities will appear on our website.
To ensure that you do not miss out on these opportunities please e-mail: residential- or call the Land & New Homes team to discuss your requirements.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 5 Flats at The Parkway, Hanley, Stoke-On-Trent
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