Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

UK's most expensive parking space on sale for £400,000

Kensington parking spot costs double the price of the average UK home

Heather Saul
Thursday 13 February 2014 13:25 GMT
Comments
This parking space has sold for £400,000
This parking space has sold for £400,000 (Hobart Slater )

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The most expensive parking space in the UK has gone on sale for £400,000, and despite costing double the price of the average home, has received 'plenty of interest'.

The parking space, which fits two cars, is located near the Royal Albert Hall in Kensington and features indoor lighting and double doors for added security.

The price tag on the spot has increased by 31 per cent since a space in the same car park went on sale for £275,000 ten months ago.

The parking space is being advertised by agent Hobart Slater, who sell high-value properties in the exclusive Knightsbridge area. The agents also have other garages in the area for sale on their website, although these are up for a slightly-less eye watering sum of £150,000.

Six figure properties are common place on their listings, with the most expensive property on their books currently up for sale for a staggering £9,850,000.

The space is described as "a large secure underground parking space ideally situated for an Albert Court or Albert Hall Mansions resident."

A spokesman for Hobart Slater told The Telegraph there had already been interest in the space.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in