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34 Lock up Garages at Beasley Grove
Address
See address
Auction date
16 Sep 2025
Guide price
£180,000
Type
Garage
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
This property consists of a freehold garage investment featuring 34 lock-up garages distributed across 4 blocks. Currently, 11 garages are let, with potential for additional income from 22 vacant garages. One garage has been sold off on a long lease, while the remaining produce an annual income of £14,820, yielding approximately 7.4% gross income yield based on the guide price.
- Occupying a strategic location approximately 4.5 miles northwest of Birmingham city centre.
- Each garage averages 155 sq. ft. in size and is fully described in the provided tenancy schedule.
Last update: 09 Sep 2025
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This property consists of a freehold garage investment featuring 34 lock-up garages distributed across 4 blocks. Currently, 11 garages are let, with potential for additional income from 22 vacant garages. One garage has been sold off on a long lease, while the remaining produce an annual income of £14,820, yielding approximately 7.4% gross income yield based on the guide price.
Auction Date
16 Sep 2025
Guide Price
£180,000
This is a unique opportunity to purchase a freehold garage/workshop of around 700 sq. ft., complete with a mezzanine floor. Constructed from brick and topped with a slate-tiled pitched roof, the property features both double and single roller shutter doors. The building has essential utilities like electricity, water, and mains drainage, making it suitable for diverse purposes. Its location off the A3, surrounded by residential areas, provides easy access to local shops and central London. The garage includes two interlinked workspaces and a separate W.C.
Auction Date
18 Sep 2025
Guide Price
£190,000
Investment opportunity comprising 15 freehold garages, of which 10 are currently let and 5 are vacant. The property produces an annual income of £13,156, and if all garages were let, it could generate up to £20,670 per annum.
Auction Date
17 Jun 2025
Guide Price
£155,000
This listing includes 15 freehold garages located in a gated site, making them particularly appealing for investors and owner-occupiers alike.
Auction Date
13 May 2025
Guide Price
£145,000
This auction includes a total of 15 freehold garages, with 10 currently let and 5 vacant, generating annual rental income of £13,156. Each garage features new Horman doors and insulated roofs, situated within a secure, gated site in a residential area. The potential income could rise significantly if the vacant units are let at a standard weekly rate.
Auction Date
13 May 2025
Guide Price
£145,000