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See how verdicts workProperty · BH19 1AS
Listing removedListed 391 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of Swanage, on Victoria Avenue, Greystone Garage presents a remarkable opportunity for investors and entrepreneurs.
This substantial Purbeck stone-built workshop has been a thriving car garage for over 25 years, previously specialising in vehicle repairs and mot services.
Spanning approximately 800 square metres, the property boasts ample storage and parking facilities, making it an ideal setting for various industrial uses. There is a W.C onsite and a separate office.
The garage's strategic location between the two main industrial areas of Swanage, alongside a petrol station with a shop, enhances its appeal.
The property features a spacious yard area, perfect for parking and manoeuvring vehicles, ensuring convenience for both staff and customers. Parking on the forecourt is aplenty.
Furthermore, a detached stone building on the site includes both power and light and would make for a great store or office space, given it's generous size.
This property represents a lucrative business opportunity. With its rich history and promising future, Greystone Garage is a unique investment that should not be overlooked.
Whether you are looking to continue its legacy as a successful garage or embark on an exciting development project, this property is poised to meet your aspirations.
Workshop (18.77 x 11.69 (61'6" x 38'4")) Site Office (3.76 x 2.82 (12'4" x 9'3")) Store (3.05 x 2.82 (10'0" x 9'3")) Garage One (4.85 x 2.54 (15'10" x 8'3")) Garage Two (3.53 x 2.51 (11'6" x 8'2")) Lock-Up One (8.46 x 2.84 (27'9" x 9'3")) Lock-Up Two (3.23 x 2.82) Additional Information.
The following details have been provided by the vendor, as required by Trading Standards. These details should be checked by your legal representative for accuracy.
Property type: Garage / Workshop Property construction: Stone Mains Electricity Mains Water & Sewage Heating Type: N/A Broadband/Mobile signal/coverage: For further details please see the Ofcom Mobile Signal & Broadband checker.
Disclaimer. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. All measurements are approximate.
Any details including (but not limited to): Lease details, service charges, ground rents, property construction, services, & covenant information are provided by the vendor, and you should consult with your legal advisor/ satisfy yourself before proceeding.
No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Greystone Garage, 108 - 112 Victoria Avenue, Swanage
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