Uncovered Chelsea parking space for sale for a staggering £70,000
Priced at £666 per square foot, a 105-square foot (10-square metre) leasehold car parking space has to be one of the most expensive pieces of unserviced real estate to come to the market in 2015 given that it doesn’t even have power, light or a roof.

Situated in a compound off Elystan Street with a security barrier entrance, the single car space is described by selling agents Douglas & Gordon as being “ideally positioned for easy access to the internationally renowned shopping on Kings Road and Sloane Street”. They seek £70,000 ($104,000 or €95,000) – or the equivalent of just one Hermès handbag.
Two stories to keep beside you

Parking or a Farm?
Outdoor parking space in South Kensington for sale for the same price as a Welsh farmstead One could argue the property market has gone completely nuts when an uncovered, leasehold parking space in Roland Way, SW7 goes on sale for the same price as a Grade II listed detached farmhouse with a range of stone […]

Parking a Farmhouse
Listed Cumbrian time warp farmhouse goes on sale for less than the price of an open-air parking space in London, W2 A detached, 17th century farmhouse in Cumbria’s Eden Valley has gone on sale for just £290,000 ($378,000, €321,000 or درهم1.4 million) or £10,000 less than the price of an open-air car parking space in […]
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Readers have their say
4 comments
Well for those with more money than sense at least it is more useful than the Hermes handbag, but just imagine how annoyed the new owners will be when they return to find it occupied by someone else. It cannot even be chained off.
When in Rome
How long is the lease and it doubtless has a service charge!
Tempting for squatters!