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Development Opportunity/Lock-Up Garages

Development Opportunity/Lock-Up Garages

Address

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Auction date

27 May 2026

Guide price

£80,000

Type

Commercial

Tenure

Unknown

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This property presents a fantastic opportunity for potential development. It could be transformed into 4 flats or 2 semi-detached houses, with a gross development value exceeding £500,000, subject to planning permissions. If retained as garages, they could generate a rental income of £12,000 per annum. The current market shows strength in both residential demand and need for secure parking or storage options.

  • Existing lock-up garages with rental income potential
  • Located in a well-connected residential area
  • Ideal for developers and investors

Nearby sales indicate a healthy property market, reinforcing the investment potential of this site.

Last update: 30 Apr 2026

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