Garage 33, Hartshill Road, Tadley, Hampshire, RG26 4DE

Description

A Vacant Single Storey Lock Up Garage. The lot comprises a single storey lock up garage.

Accommodation

Single storey lock up garage

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Wigmore Heath are within easy reach. Transport links are provided by Midgham rail station.

Tenure / Property Information

Investment Analysis

The property is a vacant single-storey lock-up garage. The supplied Land Registry comparables are houses on Hartshill Road, not garages, so they do not support a garage market value or GDV. The £5,000–£15,000 auction guide is an asking guide rather than evidence of achieved value. No garage-specific sales, rental evidence or development potential is supplied. The £1,800 including VAT administration charge is known, but other buyer costs remain unspecified.

Investment Snapshot

Strategy Recommendation

Do not set a bid or investment strategy from the supplied evidence alone. Obtain garage-specific comparable sales, inspect the asset and review the legal pack for title, access, restrictions, services and all additional charges before considering purchase.

Works Required

No specific defects or required works are evidenced. Allow for inspection and confirmation of the garage's condition, access, security, title and any services through the legal pack before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be supported because there is no garage-specific GDV, rent, refurbishment budget or refinance valuation evidence. The known £1,800 administration charge and potentially additional legal, search, seller-cost and transfer disbursements would need to be included once quantified.

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 described as a garage rather than residential accommodation, and no letting or use assumptions should be inferred.

Flip Analysis

A flip surplus cannot be calculated. The supplied house sales are not comparable to this garage, and no garage resale evidence, development potential, works budget or selling-cost allowance is provided.

Investor Risks & Due Diligence

• The supplied sold comparables are residential houses and may not indicate garage value.

• No achieved or advertised rental evidence is available.

• The £1,800 administration charge is stated, but other legal, search, seller-cost, transfer and disbursement charges are not quantified.

• The legal pack, title, access arrangements, restrictions and any services are not supplied.

• No condition survey or specific repair requirements are evidenced.

Recommendation

Do not set a bid or investment strategy from the supplied evidence alone. Obtain garage-specific comparable sales, inspect the asset and review the legal pack for title, access, restrictions, services and all additional charges before considering purchase.

Strategy Rating

Analysis Confidence

The property description and tenure/occupancy are clear, but there is no garage-specific valuation, rental evidence, condition detail, GDV, works budget or complete fee schedule.