Lotu.uk

 - UK Property Auctions

Currenlty listing 277 upcoming property auctions in the UK

Search more auctions
Freehold Mixed-Use Property with HMO Potential

Freehold Mixed-Use Property with HMO Potential

Address

Get access to view the address

See address

Auction date

26 Aug 2026

Guide price

£225,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This substantial freehold mixed-use property presents an exceptional opportunity for investors and developers. Currently featuring planning permission for conversion into a ten-bedroom House in Multiple Occupation (HMO) along with two retail units, this property is situated on a prominent location along London Road in Chesterton, opposite the Memorial Park. Recently commenced work has the potential to reduce build costs significantly.

  • Floor Area: 360 sq m (3,880 sq ft)
  • Tenure: Freehold
  • Vacant possession upon completion
  • Planning Application: 24/00109/FUL Newcastle Under Lyme
  • Investment potential with projected rental income of approximately £75,000 per annum upon completion

The property has been considerably refurbished with structural alterations, roof repairs, and partial installations executed, making it ready for the final touches to create a high-yield investment asset. Located within walking distance to local amenities, Newcastle-under-Lyme town centre is just a mile away, offering a plethora of shopping and restaurant options. The strategic location ensures quick access to major transport links including the A34 and M6.

Last update: 30 Jul 2026

Similar property auctions

Search more auctions