Garage 16 to the rear of 364 Kingston Road, Ewell

Description

A freehold single garage forming part of a parade of Garages. Located to the rear of 364 Kingston Road

Accommodation

A lock up garage

Location

The property is situated to the rear of 364 Kingston Road, Ewell, in an established commercial and residential area. Kingston Road provides direct access through Ewell towards Epsom and the surrounding areas. Transport Stoneleigh Station is approximately 0.6 miles away and Ewell West Station approximately 1.3 miles away.

Tenure / Property Information

Investment Analysis

The £5,000 guide is the only stated price for this specific lock-up garage. Land Registry evidence includes two “Other” sales at 352 Kingston Road for £26,000 and £30,000, but the supplied data does not confirm that these were comparable garages. The £260,000 sale at 364 Kingston Road is a terraced house and is not comparable. A supported GDV range cannot therefore be established. Buyer fees, VAT and possible seller charges are also unspecified.

Investment Snapshot

Strategy Recommendation

Proceed only after confirming the title, access, garage condition, permitted use, VAT position, all auction and seller charges, and evidence of achievable local garage value or rent. Do not rely on the guide price alone.

Works Required

No defects or refurbishment requirements are evidenced. The garage should be inspected for condition, access, security and any legal or title restrictions before bidding; no works allowance can be supported from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR analysis is not supportable because no reliable garage GDV, rent, refurbishment budget or refinance valuation evidence is supplied. The asset is vacant and freehold, but refinanceability and lender treatment of a single lock-up garage are unconfirmed.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is supplied. Rental yield and BTL viability cannot be established. Additional unknown buyer, VAT and seller charges could materially increase the acquisition cost.

Flip Analysis

A flip appraisal cannot be quantified. The nearby £26,000 and £30,000 “Other” sales may provide context but are not confirmed as comparable garages, while no supported works or selling-cost allowance is available.

Investor Risks & Due Diligence

• No confirmed garage-specific comparable valuation.

• No rental evidence, so income and yield cannot be established.

• Buyer premium, VAT and potential seller charges are unspecified.

• Condition, security, access and legal/title restrictions are not evidenced.

• Finance and refinance treatment of the single garage are unconfirmed.

Recommendation

Proceed only after confirming the title, access, garage condition, permitted use, VAT position, all auction and seller charges, and evidence of achievable local garage value or rent. Do not rely on the guide price alone.

Strategy Rating

Analysis Confidence

The property description, tenure, occupancy and guide are supplied, but there is no garage-specific valuation evidence, rent, condition assessment, works budget, buyer premium, VAT position or seller-charge detail.