A SINGLE off-street parking space in one of London’s most desirable areas has hit the market for £295,000.
That price is higher than the current average UK house price, which stands at £269,862.
The secure, leasehold garage sits in the heart of Notting Hill.
It’s just moments from the famous Portobello Road and the lively shops, cafés and restaurants of Westbourne Grove.
Estate agents Elsom Spettigue Associates are handling the sale.
They call it a “rare opportunity” for local residents or investors who want secure parking or extra storage in the sought-after W2 postcode.
The garage comes with brand-new electrics.
It’s protected by a high-quality Crocodile remote fob-operated electric shutter.
The full listing describes it as follows: “This well-presented unit benefits from brand-new electrics and a Crocodile remote fob-operated electric shutter, offering both convenience and security.
“Ideal for parking, storage, or as a potential investment, the garage is situated in one of Notting Hill’s most desirable residential enclaves, moments from the vibrant shops, cafés and restaurants of Westbourne Grove and Portobello Road.
“This is a superb opportunity for local residents or investors seeking valuable, secure off-street parking or storage in this prime W2 address.
“Garages in Artesian Village seldom come to market, an excellent opportunity for local residents or investors alike.”
For comparison, £295,000 could buy an entire family home in many UK cities.
Rightmove data shows the average house price in Manchester over the past year was £274,008.
Terraced houses there averaged £258,337.
The £295,000 asking price has triggered widespread online speculation.
One user commented: “To ask for GBP 300.000, for a narrow garage which fits just a small car is plainly crazy, hopelessly overpriced regardless the location.
“Better use your money for something else.”
Another wrote: “This is how ridiculous this country has gotten!”
