Garage 23(A) Beechcroft, Galsworthy Road, Kingston upon Thames, KT2 7BL

Description

A Freehold Lock-Up Garage.

Location

Situated off Kingston Hill in a popular residential area opposite Kingston Hospital and approximately 0.2 miles from Norbiton Station. Richmond Park, Kingston Town Centre and Coombe Hill Golf Course also nearby.

Tenure / Property Information

Investment Analysis

The five supplied freehold garage sales at Beechcroft/Galsworthy Road range from £20,000 to £32,000. The most recent comparable, Garage 22, sold for £26,000 in November 2023; two other Beechcroft sales achieved £30,500 and £32,000 in 2022–2023. A base GDV of £29,000 is a cautious midpoint estimate, subject to confirmation that the subject garage is comparable in size, condition and legal rights.

Investment Snapshot

Strategy Recommendation

Consider only as a potential resale-led purchase after confirming physical condition, access, title and special-condition costs. Do not rely on a rental or BRRR strategy without rental evidence and a full cost schedule.

Works Required

No specific repair or improvement works are evidenced. Obtain an inspection covering structure, doors, roof, damp, access and any service-charge or maintenance obligations before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £15,000 guide, the known buyer premium is £1,500, before any additional seller fees, finance, legal costs or works. A 75% refinance of the £29,000 base GDV would be approximately £21,750, but total project cost and cash left in cannot be calculated because works and other completion costs are unsupported.

Buy-to-Let Analysis

No sufficiently specific rental comparable or auctioneer rent estimate is supplied, so rent and gross yield cannot be established. The asset is vacant and is described only as a lock-up garage.

Flip Analysis

The supplied comparable sales indicate a £26,000–£32,000 evidence range and a £29,000 base GDV. A reliable flip surplus cannot be calculated because condition, works, selling costs, finance costs and any additional seller fees are not supplied.

Investor Risks & Due Diligence

• The subject garage’s size, condition and exact comparability with the sold garages are not supplied.

• No rental evidence or passing rent is available, preventing yield assessment.

• Additional seller fees may be payable under the special conditions, but their amount is unknown.

• Access, title rights, maintenance obligations and any restrictions are not evidenced.

• Works, finance, legal and resale costs are not supplied, so project profit and maximum bid cannot be calculated reliably.

Recommendation

Consider only as a potential resale-led purchase after confirming physical condition, access, title and special-condition costs. Do not rely on a rental or BRRR strategy without rental evidence and a full cost schedule.

Strategy Rating

Analysis Confidence

There are several highly relevant completed sales in the same road/development, but the garage’s size, condition, legal rights, rental potential and additional completion costs are not evidenced.