Windowless property in South Kensington goes to auction with a guide price of just £20,000; there is, of course, a catch
In May this year, we featured a tiny “room without a loo” that was available for rent in Onslow Gardens, South Kensington for £210 per week ($277, €234 or درهم1,017 per week) and today we share without something equally ludicrous: A windowless storage room within Habib House, 21 – 22 Stanhope Gardens with a guide price of £20,000 ($26,400, €22,300 or درهم96,800).
To be offered by auctioneers Barnard Marcus on 15th December, the second floor storage “area” to be sold is described as “one room… held on a lease for a term of 999 years from 19th July 2019 at nil ground rent.” It measures just 11’4” by 7’8” and is currently filled with cleaning products and all manner of old gubbins.
In February 2016, a “squalid windowless store room on a half-landing” on Cromwell Road that appeared on our pages sold for the staggering sum of £82,500 ($108,800, €91,900 or درهم400,000) at auction. It had been guided at what had seemed a punchy estimate of £30,000 to £50,000 ($40,000 to $66,000, €33,000 to €56,000 or درهم145,000 to درهم242,000), so maybe there is indeed a market for such spaces.
For someone with deeper pockets, but an equal predilection for old tat, a scruffy, junk filled one bedroom in Habib House’s dark and dingy looking basement is also on offer. The price? A somewhat ambitious guide price of £440,000 ($580,000, €490,000 or درهم2.1 million) has been set.
Pictured top: Habib House, 21-22 Stanhope Gardens, South Kensington, London, SW7 5QX forms part of an attractive terrace overlooking a garden square.