Initial price	£200,000
29/10/24	£190,000
Price Change	-5.00%

A rare opportunity to purchase two blocks of 14 lock-up garages, straddling a cobbled street in central Southsea, is being offered for sale by public auction on December 11, 2024. The garages are currently let, generating an annual income of £11,340, which has the potential to be increased through rent reviews or new tenancies. The properties are situated just off Albert Road, a bustling area, and are an ideal low-effort investment. The auction will take place at the Silverlake Stadium in Eastleigh, starting at 11am, and buyers will need to pay a buyer's admin fee of £600 (inc VAT) and any disbursements listed in the legal pack.