King & Chasemore says ..

Property Oracle says ..

This listing presents an investment opportunity in the form of three freehold garages located in Hollingbury, Brighton. The garages themselves are functional but appear dated and might require some cosmetic improvements. The property’s main appeal lies in its location. Carden Avenue is situated within reasonable proximity to local schools rated ‘Good’ by Ofsted, including Carden Nursery and Primary School and Patcham Junior and High Schools. Transport links to Brighton city centre are also relatively accessible, though may necessitate use of private vehicles. The immediate surroundings are quiet and residential with some other comparable properties present in the area, such as other garages and houses.

While the listing price of £120,000 reflects the current market value for similar properties in the area, potential buyers must consider the fact that the property is solely a collection of garages and does not include a residential dwelling or a sizeable plot of land. The lack of specific square footage information for the garages and land also prevents a full market analysis of the price per square foot, thus making an accurate assessment of the value complex. A thorough inspection is advisable prior to purchase, to verify structural integrity and explore any development potential.

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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