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Reading: Underground parking space for sale for nearly £90,000 even though it’s too tiny for most cars
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outside the underground car park which is available for sale in Knightsbridge, west London.
Property

Underground parking space for sale for nearly £90,000 even though it’s too tiny for most cars

Andy Crick
Last updated: 2024/01/10 at 11:17 AM
Andy Crick
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3 Min Read
Outside the underground car parking space. (Picture: Jam Press)
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An underground parking space in the capital is for sale for nearly £90,000 even though it’s too tiny for most cars.

Buyers will have to fork out £40,000 to snap it up to start with.

Then another £46,750 if they plan on keeping it long term.

They are warned it is only suitable for “small” cars and ideally if they are “left hand drive.”

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That is because it is just two metres wide.

READ MORE: Quaint £275,000 cottage has home hunters baffled because of two MOTORBIKES parked in lounge

inside the underground car park which is available for sale in Knightsbridge, west London.
The underground car park. (Picture: Jam Press)

There is a gap in the wall which would allow drivers of foreign cars to get out if they reversed in.

The parking spot is also just 1.8 metres tall at its lowest point due to pipes on the wall.

However, standard SUVs – like a Land Rover Discovery Sport or Jaguar F-Pace – are 2.08m wide.

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Even saloons – like Audi A4 or VW Passat – would be to wide for it.

They are 1.89m so it would be impossible to get in and out of the 11cm gap.

The average parking space in the UK is 2.4m wide, according to the AA.

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inside the underground car park which is available for sale in Knightsbridge, west London.
The underground car park. (Picture: Jam Press)

The underground parking spot is located in Knightsbridge, west London – a stone’s throw from Harrods.

The extra £46,750 charge will be to add 999 years to the lease which runs out in 2046.

On top of that, there is a £110 annual service charge.

It is being sold by Nicolas Van Patrick and advertised on Rightmove.

The key features are listed as: “Allocated parking space, CCTV, fob gated entry, residential location.

“Length: 5.4m, width: 2m, height: 2.6m, at its lowest 1.8m up to low pipes running along one side of the space.

Service Charge: £110 pa approximately, ground rent: peppercorn.

“Lease to 2046, extension to 999 years is £46,750 at the time of coming to market.”

The property description reads: “A single parking space suitable for a small, ideally left hand drive vehicle.

“The space is within the Rutland Gate car park which has secure gated entry and CCTV.

The street where the car park space is available for sale.
The street where the car park can be found. (Picture: Jam Press)

“There is access to running water within the car park.”

The total cost with extending the lease would be £86,750.

Buyers could snap up FOUR houses in the cheapest town in the country to live and still have some change.

There are currently properties for sale in Shildon, Co Durham for as little as £20,000.

READ MORE: London is now so expensive that someone is offering to rent TENTS inside their living room

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