Garage 6 Rotherwick Court, 72 Alexandra Road, Farnborough, Hampshire

Description

A Vacant Single Storey Lock Up Garage

Accommodation

The property comprises a single storey lock up garage.

Location

The garage is situated on a residential road close to local shops and amenities. The open spaces of King George V Playing Field are within easy reach. Transport links are provided by North Camp rail station.

Tenure / Property Information

Investment Analysis

The only supplied completed sales are nearby houses and are not sufficiently comparable to a single lock-up garage. No garage-specific completed-sale evidence, rental evidence or auctioneer rent estimate is provided. The £5,000+ guide is therefore not independently supported as market value, and buyer premium and possible disbursements remain unspecified.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions alone. Proceed only after reviewing the legal pack and obtaining garage-specific local value and rental evidence; otherwise treat the £5,000+ guide as unverified.

Works Required

No specific repairs or refurbishment works are evidenced. Inspect the garage, access, security, structure and services if any, and review the legal pack before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not supportable from the evidence. There is no evidenced rental income, garage-specific GDV, refurbishment budget or refinance valuation. The property is vacant and freehold, but legal-pack and valuation checks are essential.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The known £1,800 inc VAT administration charge would be payable in addition to the purchase price, with possible further fees also noted.

Flip Analysis

A flip/resale surplus cannot be calculated because no garage-specific resale evidence or supported GDV is provided. The nearby house sales are not appropriate comparables. Selling costs and the full acquisition cost are also incomplete.

Investor Risks & Due Diligence

• No garage-specific completed-sale evidence supports the guide price.

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

• Buyer premium is unspecified and additional disbursements, search, legal and transfer fees may apply.

• Condition, access, security, services and legal title restrictions are not evidenced and require legal-pack review.

• The supplied sold comparables are houses and are not suitable direct comparables.

Recommendation

Do not bid on investment assumptions alone. Proceed only after reviewing the legal pack and obtaining garage-specific local value and rental evidence; otherwise treat the £5,000+ guide as unverified.

Strategy Rating

Analysis Confidence

Evidence confirms only a vacant freehold lock-up garage, guide price and administration charge. There are no directly comparable garage sales, rental evidence, condition details, GDV, works budget or complete fee schedule.