Investment

The garages are conveniently located on Bavington Drive in a well-established residential area of Newcastle upon Tyne. Positioned within a quiet neighbourhood, the site benefits from easy access to local roads, making it ideal for secure vehicle storage or general use. The surrounding area is predominantly residential, providing consistent demand for parking and storage solutions from nearby homeowners who may have limited off-street parking. The garages are also within close proximity to local amenities, public transport links, and major routes connecting to Newcastle city centre, offering both practicality and accessibility. This location presents an excellent opportunity for investors or owner-occupiers seeking a straightforward, low-maintenance asset in a popular suburban setting.

We are pleased to present this block of four garages to the market, constructed in traditional brick with flat roofs. The block comprises three single garages and one double garage, each benefiting from parking directly to the front. We are advised that all units are currently tenanted, producing a combined rental income of £3,600 per annum. This represents an attractive investment opportunity with an established and immediate income stream in place.

• Block of four garages (3 single & 1 double)
• Fully tenanted, generating £3,600 annual rental income
• Attractive 18% yield based on £20,000 guide price
• Freehold asset with strong demand and easy access
• 2.3 miles northwest of Newcastle City centre
• Excellent investment opportunity

Rental Income
1.Single garage – £840 per annum
2.Single garage – £840 per annum
3.Single garage – £840 per annum
4.Double garage – £1,080 per annum

Total Income £3,600 per annum

Property details provided by Rook Matthews Sayer
EPC rating: N/A
Council Tax Band: N/A
Tenure: Freehold
For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 26 February 2026 OPTION 1

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by MP. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

Disclaimer 4
Very low risk of surface water flooding.

The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.

Ofcom website states no broadband at this postcode: NE5 2HU and mobile coverage is provided by EE (good outdoor), Three (good outdoor and variable indoor), 02 (good) and Vodaphone (good outdoor and variable indoor)