A parking space in Posh West -London has come on the market for no less than £ 165,000 – but that is not all that a happy driver will have to pay.
Located on an exclusive street in Chelsea, the shocking expensive space is available for renting for £ 8,500 a year, or to buy for £ 165,000.
But those who are willing to work out such an amount must also pay a service costs of £ 850 a year to use the location.
Recorded by Nicolas van Patrick, a real estate agents located in Knightsbridge and Chelsea, the parking space is located in a 'gated covered park' and comes with a 'retail space'.
“We are very pleased to offer the market safe, assigned parking spaces in this discrete chelsea -parking garage,” reads the Rightmove list.
“Spaces are available on a multispace or individual basis, for sale and rental.”
The Posh Street on which the parking space is located, the terrace of St Leonard, is dazzling, with the average price of a house on the road that sells around £ 2,300,000 in the past year.
Earlier in 2020, that average asking price increased to £ 7,925,000.
However, the Chelsea -based parking space is not the first in the capital to reach the market for an almost incredible sum.

This parking space in Posh West -London has come on the market for no less than £ 165,000

The space, in Chelsea, is also available for renting for £ 8,500 a year

The parking lot is recorded by Nicolas by Patrick Estate Agents and is located in a 'gated covered park' and is supplied with a 'retail space'

The space is based on the terrace of St Leonard, where the average price of a house in 2024 was no less than £ 2,300,000
A little more than a month ago a space in Knightsbridge, another chic West -London area, was mentioned for £ 90,000, even though it was too small for most cars.
Interested buyers were asked to have £ 40,000 installed to make the place – located by an opening in the wall – and another £ 46,750 to save it for a long period.
The indication of the room described it as only suitable for 'small cars' and ideally if they are 'continental' left station.
Recorded by the same agents as the space in Chelsea, a description of the space was: 'A single parking space that is suitable for a small, ideally left station vehicle.
'The space is located on the Rutland Gate parking garage that has secured a secure entrance and CCTV. There is access to running water in the parking lot '
The almost ridiculous costs of such parking spaces reveal the state of the capital's home crisis.
For where you can buy a parking space in London, you can buy an entire house in other parts of the country.
In Bradford, West Yorkshire, for example, a plush, modern house with a bedroom in the market that comes on the market last month for £ 100,000.

This parking space in Knightsbridge – which was only accessible via an opening in the wall – was mentioned for £ 90,000

Shocking, the Knightsbridge space was only accessible via an opening in the wall

In Bradford, a house hunter was able to buy this house with one bedroom for £ 100,000

The building, with off-road parking, also includes a lounge, kitchen/ restaurant, bedroom and several bathrooms

In Blackpool this 'inviting' real estate can be purchased for only £ 80,000

The house has a modern interior, its own garden and a conservatory

In Portsmouth, Hampshire, a conveniently located studio apartment with one bedroom is available for £ 125,000.
The building, with off-road parking, also includes a lounge, kitchen/ dinner, bedroom and several bathrooms.
About 80 miles east of Bradford, in Blackpool, a house hunter for only £ 80,000 can buy an 'inviting real estate' with three bedrooms with a modern interior, its own garden and a conservatory.
But it is not only North Engand, which is much more affordable. In Portsmouth, Hampshire, a conveniently located studio apartment with one bedroom is available for £ 125,000.
In the offer, the property is described as' Studio Apartment is a fantastic opportunity for those who are looking for a buy-to-long investment.
“With the shops, bars and restaurants at the door, you will be spoiled to choose about where to socialize,” the list adds.
'Don't miss the opportunity to have a piece of this bustling community on the water. Whether you are looking for a new house or an investment option, this studio apartment in Gunwharf Quays will certainly make an impression. '