It’s hard to find property for sale in central London for under £30,000 unless – of course – you’re after a multi-storey affair.
The recession hasn’t dampened down the more extravagant end of the property market, it seems. The unusual and maybe even unique property for sale on London’s South Bank is expensive for its size but could hardly be called an ideal abode – it lacks bedrooms, privacy, toilet facilities (although some people treat it like one) or much room for manoeuvre.
But at £30,000 estate agent Chesterton Humberts reckons this small patch of central London real estate is a bargain if, that is, you’re seeking out a home for your… car.
Squeezed in between a covered-up Bentley and a family 4×4 within the car park of the riverside Gallery Lofts development (pictured) in between London Bridge and Waterloo is an unremarkable parking space. But it’s one that Chesterton Humberts describes as ‘unusual’ mainly because leasehold parking spaces like this rarely come on the market this close to central London.
This one, which will attract annual charges of £210, is good value for money compared to contract parking spaces in the same multi-storey. They start at £3,000 a year so after approximately 10 years this parking space will have paid for itself and, it is hoped, have increased in value as well.