Offers in region of

£200,000

Terraced house for sale
Garages Mathews Way, Stroud GL5

  • Freehold

Added on

CGT Lettings, Cheltenham

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About this property

  • 16 Garages

  • High Yield 9.6%

Investment Opportunity 16 Lock-Up Garages, Mathews Way, Stroud. An exceptional opportunity to acquire a block of 16 lock-up garages situated in the established residential area of Mathews Way, Stroud. This income-producing asset offers investors a straightforward, low-maintenance investment with strong demand for secure vehicle storage, workshop space, and general storage solutions. The garages are located within a densely populated residential neighbourhood where off-street parking and secure storage are at a premium. Similar garage sites in the area have previously been offered for sale, demonstrating an established market for this type of asset. Property generates £19,200 per annum, 9.6% gross yield. Investment Highlights 16 individual lock-up garages. Established residential location in Stroud. Minimal management requirements compared with residential property. No tenant turnover issues associated with houses or flats. Strong demand for secure parking and storage space. Potential for future rental growth. Diversified income stream across multiple units, reducing reliance on a single tenant. Attractive entry price compared with traditional commercial investments. Why This Investment Makes Sense A gross yield of 9.6% is significantly higher than many residential buy-to-let properties in the UK, whilst requiring substantially less maintenance and management. Garages typically attract lower running costs, no internal refurbishment requirements, and limited exposure to regulatory changes affecting residential landlords. In addition, investors benefit from: Lower maintenance liabilities. No kitchens, bathrooms or heating systems to maintain. Reduced void risk through multiple income-producing units. Potential capital appreciation of the underlying land asset. Alternative future uses subject to planning consent.

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Property descriptions and related information displayed on this page are marketing materials provided by - CGT Lettings, Cheltenham. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact CGT Lettings, Cheltenham for full details and further information.