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This run-down garage in Homerton is on sale for £375,000

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As garages go, it’s not the prettiest. A shabby set of double doors at the front, a flimsy-looking roof and some peeling white paint on the sides.

Yet it is on the market for £375,000.

Homerton garage on sale for £375,000

Bonkers? You might well think so.

How on earth is a mere garage going for such an extraordinary amount of money?

Well, the plot, in a desirable East London spot just off Victoria Park in trendy Homerton, has planning permission for a three-bedroom house.

And that means potential.

The garage is on Kenworthy Road, E9.

Just up the street on Victoria Park Road there is a three-bedroom flat going for £695,000 (listed on Zoopla).

Round the corner on Brookfield Road there is another three-bedroom flat going for £475,000.

So is the plot worth it? We’d love to hear your thoughts.

Let us know @londonlovesbiz and in comments below.

And if you happen to have £375,000 to spare, you can view the listing here.

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