Currenlty listing 562 upcoming property auctions in the UK
Development Opportunity/Lock-Up Garages
Address
See address
Auction date
29 Apr 2026
Guide price
£80,000
Type
Commercial
Tenure
Unknown
EPC Rating
Unknown
Status
Upcoming
Description
This is a unique opportunity to acquire a potential development site that could be transformed into 4 block flats or 2 semi-detached houses, with an estimated development value exceeding £500k, depending on planning approval.
- If maintained as garages, the site could generate a rental income of £12,000 per year with 6 garages each yielding £2,000 annually, representing a strong yield of 15% based on the guide price.
- The location is within a residential neighborhood of Glasgow, offering demand for both housing and secure storage solutions.
- This site is ideal for developers, investors, or owner-occupiers seeking flexible opportunities in a well-connected area.
Last update: 26 Mar 2026
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