34&34A Mill Bank, Stafford, Staffordshire, ST16 2QT

For sale by Online Auction - 12th of November 2026.

Freehold / Mixed-Use Investment Opportunity

34 & 34A Mill Bank, Stafford, Staffordshire, ST16 2QT

Guide Price: £175,000

An attractive mixed-use investment comprising two first-floor residential flats and a ground-floor restaurant held on a long lease.

Description The property generates a combined annual rental income of £21,800, comprising £11,000 per annum from the commercial premises and £10,800 per annum from the two residential flats, let at £500 and £400 per calendar month respectively.

( for photos of restaurant interior)

Offering an attractive gross yield of approximately 12.46% at the guide price of £175,000, this investment presents an opportunity for landlords and property investors seeking an established income stream from both residential and commercial accommodation.

Situated in Stafford, the historic county town of Staffordshire, the property benefits from access to town-centre amenities, transport links and the wider regional employment network.

With diversified rental income, an existing commercial lease and two residential rental units, this is an appealing proposition for investors looking to expand their portfolio with a mixed-use asset offering strong headline returns.

Annual Rental Income: £21,800 Guide Price: £175,000 Gross Rental Yield: 12.46%

This property may appeal to:

Buy-to-let investors seeking established residential rental income.

Commercial property investors interested in mixed-use assets.

Portfolio landlords looking to diversify their existing holdings.

Investors seeking potential income growth through rent reviews, lease events or future asset management opportunities, subject to the existing contractual arrangements.

Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information. To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.