TypeMixed Portfolio Investments · Lock up storage · Development - Residential
TenureFor sale
Significant development potential in Welwyn Garden City (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 40 garages across 5 blocks.
The garages currently produce an income of £30,576 per annum.
The site is situated within a predominantly residential area off Digswell Road, a little under 1 mile to the north of Welwyn Garden City town centre. The garages are situated at the southern end of Byfield adjoining existing 2 storey housing.