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Development Opportunity/Lock-Up Garages

Development Opportunity/Lock-Up Garages

Address

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Auction date

17 Dec 2025

Guide price

£80,000

Type

Other

Tenure

Unknown

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This is a fantastic opportunity to acquire a potential development site that could be developed into four flats in a block or two semi-detached houses, with a projected gross development value exceeding £500,000, pending planning approval.

If remaining as garages, there is a potential rental income of £12,000 per annum with six garages, four of which are currently rented out, each generating £2,000 per annum. This provides a notable yield of 15% based on the guide price.

The property is located in the desirable residential area of Croftfoot in Glasgow's Southside, a well-regarded neighborhood with excellent amenities, including schools, parks, cafes, and restaurants.

Last update: 28 Nov 2025

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