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Development Opportunity/Lock-Up Garages

Development Opportunity/Lock-Up Garages

Address

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Auction date

28 Jan 2026

Guide price

£80,000

Type

Other

Tenure

Unknown

EPC Rating

Unknown

Status

Ended

Auction location placehbolder

Description

This is an exceptional chance to acquire a potential development site, capable of being transformed into up to 4 flats or 2 semi-detached houses, with a gross development value exceeding £500,000, contingent upon planning approval.

Alternatively, the site can remain as garages, providing a potential rental income of £12,000 annually from 6 garages, with 4 currently leased and 2 available for rent, yielding an impressive return of 15% based on the guide price.

Located in a highly sought-after residential area in Croftfoot, Glasgow, the garages are set within a vibrant locale offering nearby amenities such as cafes, restaurants, parks, and schools, including Croftfoot Primary.

Last update: 19 Dec 2025

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