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4 bedroom house of multiple occupation for sale
14 Victoria Street, Stoke-On-Trent, Staffordshire ST4 6EF
£125,000
14 Victoria Street, Stoke-On-Trent, Staffordshire ST4 6EF
£125,000
Our Summary
- For sale on 25 September 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 10:00
- Current gross income £18,180pa with scope to increase to circa £25,000pa fully let at current market rates
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 25
- Part let producing £18,180 per annum with scope to increase when fully let
Description
A freehold mid-terraced property in Stoke is being sold through an online national property auction, with bidding available by proxy, online, or by phone. The property, currently operating as a House of Multiple Occupation (HMO), generates a gross income of £18,180 per annum and has scope to increase to £25,000 per annum with full occupancy. The property features five bedrooms, each with its own en-suite bathroom, as well as a ground-floor studio flat with its own private entrance. The property benefits from gas-powered central heating and UPVC windows. The current rental income is £575 per month, with the potential to increase with the vacant bedroom. The property is located near employment centers such as the Royal Stoke University Hospital and Staffordshire University, and is suitable for use as a HMO. The sale is being conducted under an unconditional sale type, with a 5% deposit and a buyer's fee of 4.8% of the purchase price.