Mixed use for sale

Please quote REF: AM1295 for all enquiries

An excellent mixed-use investment opportunity located on Kingsway in the heart of Stoke-on-Trent, offering a high-yield, low-risk asset that has been comprehensively refurbished in 2023. This freehold property presents an attractive proposition for investors seeking strong income with minimal immediate maintenance requirements.

The building comprises an 11-bedroom HMO arranged as six self-contained studios with kitchenettes and five additional studio rooms, with 10 en-suites and one off-suite facility. At ground floor level are three commercial retail units, providing a diversified income stream and enhancing long-term investment security.

The property is currently operated by a managing agent, who is able to continue post-purchase if desired, making this a truly hands-off investment option. Finished to a high internal specification following recent refurbishment works, the building offers the potential for sustained rental demand, reduced voids, and strong tenant appeal.

Ideally positioned within the town centre, the property benefits from excellent local amenities and is within walking distance of Stoke-on-Trent railway station (approximately 0.6 miles) and around 1 mile from Staffordshire University, ensuring consistent demand from both students and working professionals.

Producing a gross annual income of £79,200, the property offers an impressive gross yield of approximately 12.1% at the guide price, making it a compelling addition to any investment portfolio.