Sold STC Mixed Use

640 LONDON ROAD

STOKE-ON-TRENT, STOKE-ON-TRENT ST4 5BA

2 beds Listed 2 Oct 2017 (-3178d)

£75,000

Guide Price

Save

Listing type

Auction

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Property details

Listing category

Auction

Last sold

£77,500 Nov 2017

Local average

£202,484 (-63%)

Deprivation

Decile 5 (13,956 of 33,755)

Street crime

287 incidents within 1 mile (Apr 2026)

Key features

  • Auction date: 18th / 19th October 2017
  • Semi detached mixed use property
  • Ground floor shop
  • First floor flat
  • Income producing investment
  • Three year lease for shop from February 2017
  • Flat currently vacant
  • Potential combined income of £8,640 pa
  • Potential Yield of 11.5% - year 1 rental
  • Fixed annual increases in shop rent

Description

The flat is entered from the ground floor at the side of the property and leads directly to the fitted kitchen with a range of base and eye level units, combination boiler, electric cooker with extractor over and stainless steel sink unit. Beyond the kitchen is the bathroom with white three piece suite.

Upstairs has the benefit of laminate flooring throughout, a large lounge area with double glazed windows to the front elevation and two bedrooms overlooking the rear.

To the ground floor there is a retail unit currently being used as a home improvement showroom and comprises a good sized shop display area with small kitchen and bathroom to the rear.

Accommodation - Ground floor retail shop floor area 33.5m2 (360 ft2)
First floor flat floor area 56m2 (601 ft2)
Total floor area; 89.5m2 (961 ft2)

Services - We understand the property has connections to mains gas, electricity, water and drainage, however interested parties should make their own enquiries.

Tenure - The property is freehold

Council Tax & Business Rates - The Flat is in Council tax band A. The amount payable for 2017 / 2018 is £1088.93 pa.

The shop has a current rateable value of £3,000 pa

Guide Price - £75,000+

Buyers Premium - 2% (min. £2,500) plus VAT.

Viewing - To arrange a viewing of the property please contact John Pye Property Team on 0115 9706060

Listed by

Nottingham

John Pye Property

Reference: 69165821

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EE Rating

EE Rating

Price history

Event Date Price % change
Sold 27/11/2017 (8 years ago) £77,500

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 692 LONDON ROAD, STOKE-ON-TRENT, ST4 5BA £142,000 10/10/2024 Terraced
Same street 686A LONDON ROAD, STOKE-ON-TRENT, ST4 5BA £45,000 30/08/2022 Flat
Same street 668 LONDON ROAD, STOKE-ON-TRENT, ST4 5BA £93,200 01/08/2022 Terraced
Same street 632A LONDON ROAD, STOKE-ON-TRENT, ST4 5BA £120,000 17/01/2022 Other

Street average: £100,050 (4 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -99.2%
10y growth 61.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Stoke-on-Trent. Series: All dwelling types. As of March 2026.

1y (index) 1.6%
5y (index) 25.3%
10y (index) 61.8%

Rental Range

Estimated market rent for Stoke-on-Trent. Low = conservative, Realistic = average, Optimistic = best case.

Low £637/mo
Realistic £708/mo
Optimistic £779/mo

Based on Local Authority from postcode lookup → Stoke-on-Trent.

LHA (30th percentile) floor for Staffordshire North: £479/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Bargain Booze 0.1 miles
Shop Londis 0.1 miles
Bus stop James Street 0.3 miles
Bus stop Unknown 0.3 miles
Hospital Harplands Hospital 0.9 miles
Hospital Car park site 0.9 miles
Train station Stoke-on-Trent 1.3 miles
University University of Staffordshire Stoke Campus 1.4 miles
Train station Trentham Leisure 2.1 miles

Street-level crime

Category Count
Violence and sexual offences 96
Anti-social behaviour 46
Public order 30
Shoplifting 29
Criminal damage and arson 20
Burglary 15
Other theft 12
Vehicle crime 12
Drugs 9
Other crime 8
Possession of weapons 4
Robbery 3
Theft from the person 2
Bicycle theft 1
Total incidents 287

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Oakhill Primary School Primary 0.2 miles Good — 4 Dec 2023
St Joseph's Preparatory School Other 0.3 miles (No rating)
St Joseph's College Secondary 0.3 miles Outstanding — 6 Mar 2014
Thistley Hough Academy Secondary 0.6 miles Good — 26 Apr 2017
St Teresa's Catholic (A) Primary School Primary 0.7 miles Good — 5 May 2017

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
Alastair Road, Oakhill, Stoke-On-Trent £700/mo 2 0.12 miles Rightmove
Grosvenor Avenue, Stoke-on-trent £795/mo 2 0.14 miles Rightmove
Shelburne Street West End Stoke-on-Trent £750/mo 2 0.31 miles Rightmove
Penkville Street, Stoke-On-Trent, ST4 £700/mo 2 0.35 miles Rightmove
Campbell Road, Stoke-on-trent £750/mo 2 0.52 miles Rightmove
Frank Street, Stoke-on-Trent, £750/mo 2 0.57 miles Rightmove
Archers Walk, Trent Vale, Stoke-On-Trent £850/mo 2 0.62 miles Rightmove
Archers Walk, Trent Vale, Stoke On Trent, Staffordshire, ST4 £975/mo 2 0.62 miles Rightmove
Newcastle Lane, ST4 £795/mo 2 0.63 miles Rightmove
Hunters Way, Stoke-On-Trent £795/mo 2 0.63 miles Rightmove
Campbell Road, Stoke-On-Trent, ST4 £700/mo 2 0.66 miles Rightmove
Fletcher Road, Stoke-On-Trent £775/mo 2 0.73 miles Rightmove
Selwyn Street, Stoke-On-Trent, ST4 £700/mo 2 0.83 miles Rightmove
Selwyn Street, Stoke-on-Trent, Staffordshire, ST4 £700/mo 2 0.83 miles Rightmove
Cornwallis Street, Stoke-on-Trent, ST4 £850/mo 2 0.85 miles Rightmove
Cornwallis Street, Stoke-On-Trent £695/mo 2 0.86 miles Rightmove
Boothen Road, Stoke-on-Trent £785/mo 2 0.86 miles Rightmove
Cornwallis street, Stoke £695/mo 2 0.87 miles Rightmove
Woodhouse Street, Stoke £700/mo 2 0.88 miles Rightmove
Princes Road, Hartshill, ST4 £800/mo 2 0.94 miles Rightmove

Average rent: £774/mo (57 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 10.2% gross yield avg £100,050 sale, £850/mo rent
Rent ratio 1%
Max investor price (0.8%) £93,750
Target investor price (1%) £75,000
Gross yield 12%
Cost-to-rent ratio 8.3×
Monthly cashflow £355/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 19.6%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).