Garage in 'sought-after' Kensington on sale for £300,000

 
Pricey: the garage located in a mews, in Kensington

A garage has gone on sale for £300,000 - nearly £50,000 more than the average UK house price.

The 240 sq ft vehicle storage unit has space for two cars, according to the estate agent's floor plan.

Records show that an entire house sold in the street for £242,000 only 18 years ago.

The garage is in a mews in Kensington and has been put up on the market with Foxtons.

The online sales information reads: "Located in a highly sought-after area of Kensington, this generously proportioned garage is nestled in a quiet mews moments from Hyde Park."

Sought-after area: the garage in Kensington

It adds: "The property is ideally located for easy access to Kensington High Street where you will find a comprehensive range of amenities, fashionable restaurants and bars"

The leasehold of the garage, which measures just 9ft wide and 31.5ft long, comes with a £25 annual ground rent charge.

Foxtons is advertising around 50 car parking spaces in London, ranging from £15,000 to the £300,000 Kingsley Mews garage.

The most expensive garage in Britain sold for £550,000 at auction last month and is located in Camberwell.

A desirable parking space in Hyde Park also sold for £300,000 last year – the same price as a barn conversion in Sheffield.

Last October a 440 square foot garden, in Fulham Road, west London, sold for £120,000.

The tiny plot of land was snapped up by a local resident after more than 100 people made inquiries.

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