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Development Opportunity/Lock-Up Garages

Development Opportunity/Lock-Up Garages

Address

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Auction date

23 Sep 2026

Guide price

£80,000

Type

Land

Tenure

Unknown

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This development opportunity encompasses a collection of lock-up garages situated in a sought-after area of Glasgow. The site offers versatility to be transformed into four blocks of flats or two semi-detached houses, with a potential gross development value exceeding £500,000. For those considering investment, keeping the property as garages provides a rental income of approximately £12,000 per annum.

  • Potential for development into 4 flats or 2 houses
  • Current income from 6 garages at £2,000 each
  • Located in a well-connected residential area
  • Strong demand for both residential property and secure storage
  • Investment yield of 15% at guide price

This is an excellent opportunity for developers or investors to capitalize on the property's flexible potential while benefiting from the attractive demand in Glasgow's Southside. The superb location ensures convenient access to local amenities and transport links.

Last update: 27 Aug 2026

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