Butters John Bee are delighted to offer for sale via auction this substantial six-bedroom, two-bathroom HMO investment property, ideally positioned directly opposite Hanley Park and approximately a five-minute walk from Staffordshire University. The property is being offered for sale by auction on 26th October and represents an exciting opportunity for investors looking to acquire an established student accommodation property in a highly convenient location.

The property benefits from approximately four years remaining on the existing HMO licence, providing an attractive proposition for investors seeking a property with an established licensing position. The accommodation is arranged over three floors and provides six bedrooms in total, together with two bathrooms and generous communal living space.

The ground floor comprises one bedroom, with the main communal areas providing a spacious kitchen and dining environment. The first floor offers four bedrooms, while the second floor provides two further bedrooms. There is also a useful storage room serving the smallest bedroom, providing additional practical storage space.

The property has been arranged with the student market in mind, offering spacious bedrooms and communal accommodation. The six-bedroom configuration provides excellent potential for continued use as student accommodation, subject to the relevant permissions and licensing requirements.

The location is one of the property's key attractions. Situated directly opposite Hanley Park, residents have immediate access to extensive green space, ideal for walking, jogging and relaxing. Staffordshire University is approximately a five-minute walk away, making the property particularly well placed for the student market.

The property is also conveniently located for local transport links, with major bus routes within easy reach and Stoke-on-Trent Railway Station just a short distance away. Hanley town centre provides a wide range of shops, pubs, restaurants, bars and entertainment venues, all readily accessible from the property.

With six bedrooms, two bathrooms, approximately four years remaining on the HMO licence and a prime location close to Staffordshire University, this represents an excellent opportunity to acquire a substantial student HMO investment in Stoke-on-Trent.

This property will be offered for sale by public and online auction at The DoubleTree by Hilton, Etruria Hall, Festival Way, Staffordshire, ST1 5BQ on Monday 26th October at 6:30pm. Remote bidding will be available via internet, telephone or proxy. To register to bid on this Lot or to download the Legal Pack, please visit the Butters John Bee website or contact the Auction Team directly.

Common Auction Conditions: This property is sold subject to our Common Auction Conditions (a copy is available on request)

Buyers Administration Fee: A buyer’s administration fee of £1,800 inc. 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 www.buttersjohnbee.com. 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.

To view this lot, please contact Butters John Bee Hanley – 01782 202600

Internet, Telephone & Proxy Bidding
Interested in this lot but can’t attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on 0800 090 2200 or email auction@bjbmail.com. Further details are available in the auction catalogue.

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.