Bill Bannister Estate Agents says ..

Property Oracle says ..

This listing from Bill Bannister Estate Agents presents an investment opportunity in the form of a block of six garages located on Station Road in Pool, Cornwall. The garages are situated close to local amenities, including Pool Academy which has a good Ofsted rating. The property is approximately 3.61 KM from Camborne train station and 4.83 KM from Redruth train station, making transportation links fairly accessible. The garages themselves appear to be in reasonable structural condition. The provided image indicates that they are potentially in need of some cosmetic work and the surrounding gravel area is somewhat unkempt. No details regarding the dimensions of the individual garages or the total plot size are given, making an accurate assessment of the property size and individual garage dimensions impossible. The asking price of £79,950 appears competitive when compared to other properties in the area, although without knowing the size of the garages, it is difficult to definitively ascertain the value per square foot. The lack of bedrooms and bathrooms is expected, given it’s a garage listing. The investment potential hinges on the current occupancy rates and the overall demand for garage rentals within the locality. The property lacks many of the typical elements of a residential property analysis, such as garden space or details on the building’s square footage.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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