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Garage to the Rear of 11 Downview Road, Yapton, Arundel, West Sussex, BN18 0HL
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Vacant Freehold Lock-Up Garage, Yapton
Garage to the Rear of 11 Downview Road, Yapton, Arundel, West Sussex, BN18 0HL
Sold
£5,000+
• Garages
• Freehold
• Vacant
Description
A Vacant Single Storey Lock Up Garage. The property comprises a single storey lock up garage.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Burndell Recreation Ground are within easy reach. Transport links are provided by Ford rail station.
Tenure / Property Information
Tenure |
Freehold |
Occupancy |
Vacant |
Services |
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. |
Investment Analysis
The supplied sold comparables are houses on Downview Road (£285,000–£368,000) and are not suitable evidence of the value of a single lock-up garage. No garage-specific completed sale, valuation, development evidence or directly relevant rental evidence is supplied. The £5,000+ guide is an auction guide, not a market valuation.
Investment Snapshot
Guide Price |
£5,000+ |
Strategy Recommendation
Do not bid on an investment or flip basis without garage-specific comparable evidence, achievable rental evidence and a full legal-pack inspection. Any bid should be limited by independent valuation and confirmed all-in auction costs.
Works Required
No specific repair or refurbishment works are evidenced. Inspect the garage, access, roof, doors, structure, services, title and boundaries before bidding; no works allowance has been assumed.
Rental & Market Context
|
Houses to rent in Ford, West Sussex | OnTheMarket — — Advertised asking rent |
£1,150 pcm |
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
23, Downview Road, Yapton, Arundel, Arun, Bn18 0hl |
£350,000 |
|
15, Downview Road, Yapton, Arundel, Arun, Bn18 0hl |
£368,000 |
|
3, Downview Road, Yapton, Arundel, Arun, Bn18 0hl |
£290,000 |
|
5, Downview Road, Yapton, Arundel, Arun, Bn18 0hl |
£285,000 |
|
23, Downview Road, Yapton, Arundel, Arun, Bn18 0hl |
£286,000 |
Potential BRRR Position
Base Project Cost |
£6,800 |
BRRR is not supportable from the supplied evidence. There is no garage-specific GDV, rent, refinance valuation or refurbishment budget. The known guide and administration charge total £6,800, excluding potentially payable disbursements and other charges.
Buy-to-Let Analysis
BTL viability cannot be established. The only rental evidence is an advertised £1,150 pcm asking rent for houses in Ford, which is not applicable evidence for a single garage. No garage rent or storage income is supplied. At the £5,000 guide, the known guide price plus £1,800 administration charge totals £6,800 before any disbursements or other special-condition charges.
Flip Analysis
A flip surplus cannot be calculated because no garage-specific resale evidence or supported GDV is provided. The house comparables cannot be used to value this garage. Selling costs are also not supplied.
Investor Risks & Due Diligence
• No garage-specific completed sale evidence is supplied, so market value cannot be established.
• No achievable garage rental or storage-income evidence is supplied.
• The £1,800 administration charge is known, but disbursements and other special-condition charges may also be payable.
• Condition, dimensions, access, services, title and boundaries are not evidenced.
• House comparables and the Ford house rental listing may materially misrepresent garage value or income.
Recommendation
Do not bid on an investment or flip basis without garage-specific comparable evidence, achievable rental evidence and a full legal-pack inspection. Any bid should be limited by independent valuation and confirmed all-in auction costs.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low |
The property description confirms only a vacant freehold lock-up garage. Relevant garage sales, rents, GDV, condition, dimensions, services and full purchaser costs are absent; the supplied comparables are houses and the rental evidence is for houses.
Auction Details :
Auction House London
Auction Date :
07/10/26
Lot Number :
163B
Property Location:
Garage to the Rear of 11 Downview Road, Yapton, Arundel, West Sussex, BN18 0HL
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