The double garage is being sold for £150,000, with sellers describing it as a ‘rare opportunity’
A double garage located beneath a block of flats is listed for a staggering £150,000, which is three times the price of a home in one UK town.
Sellers have described the property as a ‘large double garage’ in an ‘excellent location’ that can fit two to three cars. The listing says it’s a ‘rare opportunity’ and that the garage is located near local shops and wine bars.
As reported by Luxury Property News, it is located in The Chase, Clapham Common, south-west London. Noble Estates is selling it and advertising it on Rightmove.
But for the same price, you could buy three houses in one of the most affordable areas in the country. In Shildon, near Durham, houses have previously gone on the market for as little as £50,000, according to the Mirror.
The garage is leasehold and there is no ground rent or service charge. The listing reads: “A rare opportunity to acquire a large double garage situated on a prestigious road in SW4.
“The Chase is conveniently located in close proximity to the charming local shops, wine bars, and restaurants in Clapham Old Town.”
A Noble Estates spokesperson also said: “We have sold over 20 garages over the last 18 months. Demand in SW4/11 is strong. Space is always a premium in London, which people are prepared to pay for.”
You can find out more about the double garage here. Anyone keen to learn more about its electricity, heating, and broadband options is also advised to ask estate agents.
You can request further details on the property here.
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