Is this the most expensive garage in Britain? Tiny plot for car goes on sale for £650,000 in west London
A garage in west London is on sale for a whopping £650,000 making it set to become Britain’s most expensive garage.
The 420 sq ft garage workshop is smaller than the average London Underground tube carriage and currently uninhabitable.
But it’s exclusive Kensington W8 postcode and the potential to transform it into a studio flat means it is likely to be snapped up quickly.
Although planning permission to change the garage into a residence was granted more than 10 years ago, it’s no longer valid and any buyer would have to reapply to turn it from a car storage unit into a home.
In its current state, the property has external parking for two cars on a forecourt and an electric, roller-blind, garage door split into three sections.
In October, a smaller garage off the King’s Road in Chelsea sold for £550,000.
The average price for a detached home in the same postcode is more than £9million and even flats sell for over a £1million.
Christopher Mackay, the estate agent from Raglan International handling the sale, said: “It is no ordinary garage.
“Although it seems ridiculously expensive, it’s actually quite a good deal when you think about what it could be worth if it was turned into a home.
“It’s only been on our books ten days but we’ve already had a lot of interest.
“And every viewing is different because every prospective buyer gives you their vision of how they’d turn it into something special.
“If you did it well you could have a good sized one-bedroom flat, with two off-street parking spaces and sell it on to easily make 10% of what you’d invested.
“It has the potential to be an incredible and unique property.”