Garages set to bring in £2million from sale

Garages set to bring in £2million from sale

As people look continue their search for renovation projects to make their own stamps, garages are starting to become sought after properties. We’ve told you before about the demand for garages increasing, thus the cost of them becoming higher and higher, and now the latest sale could in fact see the most expensive garage sale ever!


A block of rundown garages in Hampstead Village have been put to auction with the expectation of bringing in around £2 million. Situated in the centre of Hampstead Village, the desirable location means they are expected sell for almost ten times the price of the average home in England and Wales.


The block was previously owned by Camden council, who have now allowed the current owners planning permission to flatten the site and rebuild a three-bedroom home in its place. This will see a rare project complete, a new build in one of the most sought-after areas in the capital. Award-winning architects Dominic McKenzie have designed the new build – meaning the lucky owner will have a one of a kind property.


The garages will be auctioned off by McHugh & Co on Wednesday at The Montcalm Hotel in London.
James McHugh, a partner at McHugh & Co, said: ‘The guide price of £2 million-plus reflects that the property has planning consent for a new build house in this most sought-after area in the heart of Hampstead… ‘This could easily go up due to the uniqueness of the design, prime location and proximity to the amenities and the tube’.

Dencroft Garages have been around for over sixty years now, and are still ensuring that our concrete garages are designed, built, and delivered to the highest standard. If you’d like any more information about any of our product range, or even for any ideas as to what else a concrete garage can be used for, contact one of our team today. Call us on 0800 118 2547 or drop us an email at sales@dencroftgarages.co.uk.

Share |

Post Comment




 

« Back

FMB
Follow us:
Facebook Twitter