Garage 91 Greenacres Ring, Angmering, Littlehampton, West Sussex, BN16 4BS

Description

A single freehold garage within a block of garages, with up and over door. The garage is being sold with vacant possession and is located within a residential area.

Accommodation

Single garage; width 2.4m maximum, length 4.8m, minimum height 2.0m, maximum height 2.7m.

Location

The garage is situated off of Greenmeadow, which is off of Greenacres Ring. The A280 is close by. Location Pin (What3Words): directive.nickname.bloom

Tenure / Property Information

Investment Analysis

The supplied sold comparables are detached houses and do not provide reliable evidence for valuing this single garage. No garage sale comparables or rental evidence are supplied. The £12,000 guide is therefore not independently supported by the evidence provided.

Investment Snapshot

Strategy Recommendation

Proceed only after independently verifying garage-specific value, demand, legal-pack costs and likely rental or resale income. The supplied evidence does not support an investment bid.

Works Required

No specific works are evidenced. The garage has an up-and-over door and is offered with vacant possession.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR analysis is not supportable because there is no evidence-based GDV, rent, refurbishment budget or refinance valuation.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied.

Flip Analysis

A flip surplus cannot be calculated. The supplied residential house sales are not suitable garage comparables, and no selling-cost allowance is provided.

Investor Risks & Due Diligence

• No garage-specific sold comparables are supplied.

• No sufficiently specific rental evidence is supplied.

• The 1% administration charge is subject to a £1,750 minimum, with other possible charges and disbursements not quantified.

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

Recommendation

Proceed only after independently verifying garage-specific value, demand, legal-pack costs and likely rental or resale income. The supplied evidence does not support an investment bid.

Strategy Rating

Analysis Confidence

Only the garage description, guide price, minimum administration charge and unrelated house comparables are supplied; no garage comparables, rent, GDV or quantified works evidence is available.