Most Expensive Parking Spaces in UK Selling for £400,000!
Last year, we showed you just how ridiculous the parking situation has gotten in world class-cities tight on space. In 2013, two parking spots in Boston sold for an insane $560,000, but that was just trumped by a pair of parking spaces on sale in the UK for £400,000 – which converts into a whopping $666,044! According to the report from AutoExpress, the space is listed as a “large secure underground parking space ideally situated for an Albert Court or Albert Hall Mansions resident.” The space is located in London’s trendy Kensington region, where the properties themselves average about £2.3 million– perhaps easing the shock of a parking space as expensive as a house. Or not. RELATED: Two Boston Parking Spots Sold for $560,000 A source responsible for the sale of the most expensive parking space in Britain claimed there has already been plenty of interest in the underground, secure units.
For comparison’s sake, the total for the combined spots is 15 times the average UK salary, and double the average home price. For the same kind of money, you could park up the street in a £35.10-a-day lot for the next 87 years. These spots were available just 10 months earlier, for a price of £275,000, but demand for space in London is extremely high, and the elite are fighting over what is still open out there.
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So more than a half-million dollars for two parking spaces– does that seem wrong? Or are you happy to see some rich fool part with their cash? Tell us in the comments below!