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 20 garages across two blocks.
The garages currently produce an income of £10,228 per annum.
The site is situated within the predominantly residential area of Panshanger, approximately 1 mile to the east of Welwyn Garden City town centre. The garages have direct access from the northern side of Daniells, adjoining existing housing and the rear gardens of the adjacent houses on Westly Wood.