AL10 0.1194 Acres, Woods Avenue, Hatfield

Significant development potential in Hatfield (subject to consents). Garage sites can be bought as a portfolio or individually.

An attractive freehold investment comprising four well-located garage sites across Welwyn Garden City and Hatfield, offered either as a single portfolio or as individual lots.

The portfolio includes a total of 110 garages currently producing a combined annual rental income of £76,840. These garages provide a resilient, defensive income stream with low management overhead and strong local demand from residents and small businesses for secure storage and parking.

The sites offer immediate cashflow with scope for short-term rental uplift and significant longer-term redevelopment potential (subject to planning). Several of the sites are well-situated within established residential areas, close to amenities and transport links, making them highly suitable for future residential infill, alternative commercial use, or mixed-use development.

This represents a rare opportunity to acquire income-producing assets with latent value, appealing to buy-to-let investors, developers, family offices, or landlords seeking diversification into a stable, high-yield asset class with clear upside through active management or redevelopment.

The site comprises 16 garages across 2 blocks.

The garages currently produce an income of £5,460 per annum.

The site is situated within a predominantly residential area close to the University of Hertfordshire campus, approximately two thirds of a mile to the south of Hatfield town centre. The garages are accessed from the north side of Woods Avenue.