Overview

• Barrie Taupe’s Southern Land Securities generates around £20,000 in monthly income from 150 garages and 300 parking spaces across the UK
• Garage rentals yield about 10 percent compared with average buy-to-let returns of 4.75 percent, with rents from £50 to £150 a month depending on location
• Minimal upkeep and tenant responsibility for interior maintenance make garages a simpler investment than traditional residential lets
• New supply is scarce as councils halt garage construction and digital platforms like Park In My Drive and Stashbee accelerate leasing competition
• Landlords are shifting into non-residential assets to secure higher yields and sidestep red tape before the Renters Reform Bill takes effect this autumn