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Property for sale Phoenix Way, Stoke-On-Trent, ST3

Asking price

£875,000

Added on 28/09/2026

Size: £109 per sq ft
Tenure: Ask agent; 1 year left(from the agent's description)

* From the agent's description. Check it with them before you rely on it.

Key features

All mains services are available subject to any reconnection which may be necessary.
Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.
Freehold subject to a 10 year Tenants FRI lease from the 9th January 2017 to Rexel UK Limited. A copy of the lease is available upon request.
Energy Performance Certificate number and rating is: 9579-7208-0409-4180-0296 - (C-51)
VAT is applicable to the property sale, however our client would consider a transfer of a going concern if it benefits the buyer.

About this property

Outstanding Investment let by way of a 10 year lease from the 9th January 2017 to Rexel UK Limited a leading wholesale electrical distributor with a Turnover of £705m and Operating Profit of £1.1m (2023). The current passing rent is recorded as being £51,500 pa, which at the asking price of £875,000 represents a gross yield of 5.89% with potential for rental growth at the point of renewal on the 8th January 2027.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,455
Band B

£1,698
Band C

£1,941
Band D

£2,183
Band E

£2,668
Band F

£3,153
Band G

£3,639
Band H

£4,366

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Stoke-on-Trent, 2026/27 bills run from £1,455 a year in band A to £4,366 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Stoke-on-Trent, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home (approx.)

£109 / sq ft

Area average (sold)

£219 / sq ft

Price per area, sold homes nearby

£137 / sq ft

£109 / sq ft

£300 / sq ft

Lowest

This home

Highest

About £109 per sq ft, below almost all recent sales in ST3 (£137–£300, 10th–90th percentile, 1,505 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,505 homes sold in ST3 over the last 24 months. This home's figure uses its asking price and a floor area matched from the EPC register, so it is approximate. All sold £/sq ft in ST3 →

Location

Phoenix Way, Stoke-On-Trent, ST3

Open map Street View

Mortgage and stamp duty

Property price £875,000

£437k £1.3m

Deposit10% £88,000

£0 £875k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £787,000 mortgage. Most lenders would want a household income of about £175,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales in ST3. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
25, Dundee Street ST3 2RD Terraced	Terraced	Aug 2026	753 sq ft £157/sq ft	753 sq ft	£157	£118,000
31, Pemberton Drive ST3 7JU Detached	Detached	Aug 2026	1,356 sq ft £234/sq ft	1,356 sq ft	£234	£318,000
Flat 46, St Pauls Court, Congreve Road ST3 2HJ Flat / maisonette	Flat / maisonette	Aug 2026	495 sq ft £172/sq ft	495 sq ft	£172	£85,000
29, Brookview Drive ST3 5XJ Semi-detached	Semi-detached	Aug 2026	807 sq ft £70/sq ft	807 sq ft	£70	£56,494
4, Penmark Grove ST3 7YU Terraced	Terraced	Aug 2026	732 sq ft £239/sq ft	732 sq ft	£239	£175,000
74, Canberra Crescent ST3 7RA Detached	Detached	Aug 2026	926 sq ft £306/sq ft	926 sq ft	£306	£283,500
15, Whitaker Road ST3 2DH Detached	Detached	Aug 2026	n/a	n/a	n/a	£88,588
12, George Avenue ST3 6DQ Terraced	Terraced	Aug 2026	721 sq ft £189/sq ft	721 sq ft	£189	£136,000