Whittaker & Biggs says ..

Property Oracle says ..

This property listing consists of seven lock-up garages situated on Milk Street in Congleton, Cheshire. The garages are arranged in a row, with aged green wooden doors. The accompanying photos show the garages are in need of some general maintenance and repairs to the exterior, showing signs of wear. The property’s significant feature is the size of the land, approximately 0.078 acres (317m2), offering potential for alternative uses or redevelopment subject to planning permission. Congleton benefits from a train station providing links to major cities and amenities including schools making it a generally desirable area. However, the value and desirability of this property hinge on whether a buyer is seeking seven garages as they are or if the buyer is looking to pursue redevelopment, greatly impacting the final value. The current pricing of £90,000 needs to be weighed against the potential costs of repairs, potential planning permission processes, and any anticipated returns from redevelopment. The absence of precise dimensions for the garages and a lack of detailed comparable market data on garage sales complicates an accurate valuation. Therefore, more information is required to provide a full and detailed market analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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