Property · SS3 9TE
Sold STCListed 35 daysAuction 7 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY PUBLIC AUCTION ON THURSDAY, 8TH OCTOBER 2026 AT 12.00PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE.
BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE GARAGE INVESTMENT: FREEHOLD SINGLE LOCK-UP GARAGE LOCATED IN A BLOCK WITHIN A RESIDENTIAL AREA WITH A POTENTIAL RENTAL INCOME OF £75 - £100 PCM Located in an established residential area, this single lock up garage is considered to have a potential rental income of around £75 to £100 per calendar month.
The unit is Freehold and is fitted with an up-and-over door and is offered with vacant possession upon completion. Please note that there is no power or light connected.
It is considered that the unit would suit either owner occupiers or buy to let investors wishing to rent the unit out.
Please note that Dedman Gray Auctions Ltd have not carried out an internal inspection of the garage We would estimate the current rental value of the garage to be in the region of £75 pcm to £100 pcm
Value & comps
No previous sales on record.
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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 starting price
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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
Agent & docs
FAQ
About Garage 5 Picasso Way, Goya Rise, Shoeburyness, Southend-on-Sea, Southend-on-Sea, SS3 9TE
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