Property News · February 13, 2014

Keeping the parking blues at bay in Kensington for £400,000


A parking space for 15 times the average UK salary? It could be a snip for those needing to keep the Lotus under coverWe know the people of Kensington drive a hard bargain when it comes to property, but the price tag on this brace of parking spaces is still eyecatching. At £400,000, the two secure underground lock-up garages come in at more than double the average cost of a home in the UK, according to Halifax and Nationwide’s latest figures, and around 15 times the average salary.Location is everything, and the spots are at the heart of some of London’s most prime real estate, right next to the Albert Hall and a stone’s throw from Kensington High Street, and off a road where the average property price is more than £6m. Continue reading…

Source : theguardian.com
Read more…Keeping the parking blues at bay in Kensington for £400,000

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