Parking/garage for sale

Penybryn Street, Aberdare CF44

Ramsay & White are pleased to offer to the market this rare investment opportunity comprising a block of six garages located on Penybryn Street, Aberdare.

Positioned at the bottom of a quiet dead-end street and accessed via a rear lane, the garages benefit from their own locked gated access, offering additional security and privacy. Each unit measures approximately 5m in length by 3m in width, making them suitable for vehicle storage, general storage, or rental use.

Based on an average rental figure of £150 per calendar month per garage, the block has the potential to generate approximately £900 per month, equating to £10,800 per annum when fully let. Against the asking price of £80,000, this represents a potential gross yield of approximately 13.5%.

The current owner has also indicated they would be prepared to continue renting some of the units for storage, subject to separate negotiation, offering flexibility and potential continuity of income for an incoming purchaser.

This is an excellent opportunity for investors, local residents, tradespeople, or buyers seeking secure storage space in a convenient Aberdare location.

Location

Penybryn Street is situated within Aberdare, a well-established town in the Cynon Valley offering a range of local amenities, schools, shops, supermarkets, and transport links. Aberdare town centre is within easy reach, providing access to further retail, leisure, and public transport options, including rail links to Cardiff and surrounding areas.

The location also benefits from access to nearby road networks, making it convenient for those travelling throughout Aberdare, Mountain Ash, Merthyr Tydfil, Pontypridd and wider South Wales.