Wednesday, February 28, 2024

Parked

Knightsbridge garage offered for the same price as an 18th century house on Orkney

 

A single car parking space underneath Kingston House South in Ennismore Gardens in Knightsbridge has gone on sale for £145,000 or £1,133 per square foot – the same price as a £105 per square foot B-listed 18th century house in Kirkwall, Orkney.

 

Parked – Knightsbridge garage offered for the same price as an 18th century house on Orkney
Parked – A single car parking space in Knightsbridge could be yours for £145,000
Parked – Knightsbridge garage offered for the same price as an 18th century house on Orkney
Parked – Ivy House in Kirkwall Orkney could be yours for the same sum and is available through Drever and Heddle

 

Just 128 square foot in size and measuring 16 foot by 8 foot the space is offered on a lease of 124 years by Hobart Slater and is subject to a service charge of £522.69 per year. It is described as occupying a “convenient corner position”.

 

For the same sum, in the centre of Kirkwall, Orkney, a renovated 1,377 square foot semi-detached four bedroom, two bathroom house could be yours. It comes with a shared courtyard to the front but lacks a parking space.

 

 

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    5 COMMENTS

    1. Can you sublet the car parking space? You could charge 10 top end motorcycle owners a grand a year for safe parking and get a 8.3 per cent return on your investment.

    2. I wasn’t actually being serious but now I think about it, more realistically you could fit 6 motorcycles in that space and charge them £4 a day which would give you a return of over 6 per cent. Plenty of people would pay that for safe parking of a £15-£25k machine.Good little earner if you were allowed to sub let it.

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