Brockenhurst Estate Agents says ..

Property Oracle says ..

This listing is for a single garage located on May Tree Road in Andover, Hampshire. The property is situated in a relatively convenient location, with proximity to Andover train station and several well-regarded schools. The garage itself appears to be of standard construction, showing signs of age and minor wear and tear, but is structurally sound. Importantly, the property lacks a garden or any significant land. The major factor influencing its assessment is the list price of £12,500, which seems significantly high considering it’s only a single garage. The surrounding property prices, which range from £145,000 to £350,000 for houses, provide context and strongly suggest that the garage’s price is disproportionately high. Potential buyers should carefully consider this price point before proceeding, and it would be prudent to seek independent valuations to determine a fairer market value. The location, while not exceptional, offers good access to amenities and schools, which might support the potential for rental income if used as a parking space or storage unit, but even so the rental value should reflect the condition of the garage which would not justify such a high cost per sqft compared to neighbouring rental properties.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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