Initial price	£895,000
02/04/25	£845,000
Price Change	-5.59%

This is a freehold investment property located in Longton, Stoke on Trent, comprising a commercial unit and 8 flats, all rented out. The property has a total annual rent of £77,340 and a net initial yield of 8.74%. The commercial unit is let to an individual for 5 years, while the flats are let to individuals on Assured Shorthold Tenancies. The property has a mix of EPC ratings, with the commercial unit rated C and the flats ranging from C to D. The building is of early 20th century origin and was refurbished in 2005/2006. The property is being sold with vacant possession, and the vendor is seeking offers in the order of £845,000, reflecting a net initial yield of 8.74% and an overall rate of £1,550/sq. m (£144/sq. ft).