INVESTMENT OPPORTUNITY | TWO SELF-CONTAINED FLATS | APPROX. 14% CURRENT YIELD | APPROX. 28% POTENTIAL YIELD | WALKING DISTANCE TO HANLEY CITY CENTRE

For sale by public and online auction on Monday 26th October 2026 at 6.30pm via Butters John Bee Auctioneers. Butters John Bee Auctioneers offer remote bidding via internet, telephone or proxy. To register to bid on this Lot, or to download the Legal Pack - please see the Butters John Bee website or call the auction team direct.

If you’re looking for an investment property with strong existing returns and excellent potential for further income, this mid-terraced property, which has been converted into two self-contained flats, could be exactly what you’ve been looking for.

Located within walking distance of Hanley City Centre, the property benefits from a convenient position close to a wide range of shops, supermarkets, leisure facilities, restaurants, bars and public transport links.

The property comprises two separate flats, offering flexibility for an investor looking to maximise rental income.

Flat One – Currently Tenanted

The ground floor provides a lounge and kitchen/diner, whilst to the first floor there are two bedrooms and a bathroom.

Externally, this flat benefits from a good-sized private garden for the tenant’s sole use. A gate provides access across the other flat’s garden and into the shared ginnel.

This flat is currently occupied by a tenant, providing an approximate annual yield of 14% based on the current rental income.

Flat Two – Currently Vacant

The second flat offers accommodation arranged over two floors. To the ground floor there is an entrance hallway, lounge and kitchen, whilst the first floor provides a bedroom and bathroom.

Externally, this flat benefits from a smaller garden, together with access to the ginnel.

The flat is currently vacant, providing an excellent opportunity for a new owner to secure a tenant and immediately increase the overall rental income.

With one flat already producing a strong rental return and the second currently vacant, this property presents an exciting opportunity for investors seeking to increase their income from an existing asset.

Once both flats are rented, the property is anticipated to provide an approximate annual yield of 28%, subject to the achievable rental values and purchase price.

The combination of two separate dwellings, existing rental income, outdoor space and a highly convenient location makes this an opportunity worthy of serious consideration.

Whether you’re an experienced landlord looking to expand your portfolio or a first-time investor seeking a property with significant income potential, this two-flat investment opportunity offers an attractive combination of current income and future growth.

Early viewing is highly recommended to appreciate the accommodation and investment potential on offer.

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

Viewings
To view this lot, please contact the selling office

Please contact our auction department direct 0800 090 2200
Further details are available via the Butters John Bee website.

Addendum
Check the latest addendum at the Butters John Bee website for any alterations or changes to the catalogue

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Reserve
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction

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.