For Sale: London Parking Space at $187,500 - GoFuckYourself.com

Jedimaster · 02-24-2004, 06:49 PM

LONDON (Reuters) - A car parking space is for sale in central London for $187,500, fueling a favorite obsession of Britons -- talking about property prices.

The space in an underground car park near luxury store Harrods in Knightsbridge is thought to be one of the most expensive in Britain.

"There is a shortage of parking spaces in the area," said Andy Summer for Harrods Estates who are handling the sale.

Prices of parking spaces and individual garages have risen steadily in recent years as motorists seek ways to avoid parking costs of up to four pounds an hour and tickets from zealous traffic wardens.

One parking bay in the same Knightsbridge underground car park is understood to have sold last July for $177,000 while another was bought by a mother for her 3-year-old son for when he can drive.

"Spaces are an investment and, for the sort of people who live in the area, 100,000 pounds (about $187,000) is not that much," said Summer.

A recent boom in property prices has pushed the average price of a home in Britain to just over $261,000. Knightsbridge is one of the most expensive parts of London, where properties routinely sell for millions of dollars.

Jedimaster · 02-24-2004, 06:50 PM

Whouldn't it be great to be 3 years old and have your mom buy you a $177,000 dollar parking spot???

I wonder what kind of car she'll buy the kid??

kmanrox · 02-24-2004, 06:58 PM

i ate a $25 sandwich from room service while in london yesterday... mcdonalds tasted better imo heh

Sarah_Jayne · 02-24-2004, 07:10 PM

that is why I have a bus pass

Basic_man · 02-24-2004, 07:18 PM

Wow! lol

02-24-2004, 06:49 PM	#1
Jedimaster Registered User Join Date: Dec 2003 Posts: 2,120	For Sale: London Parking Space at $187,500 LONDON (Reuters) - A car parking space is for sale in central London for $187,500, fueling a favorite obsession of Britons -- talking about property prices. The space in an underground car park near luxury store Harrods in Knightsbridge is thought to be one of the most expensive in Britain. "There is a shortage of parking spaces in the area," said Andy Summer for Harrods Estates who are handling the sale. Prices of parking spaces and individual garages have risen steadily in recent years as motorists seek ways to avoid parking costs of up to four pounds an hour and tickets from zealous traffic wardens. One parking bay in the same Knightsbridge underground car park is understood to have sold last July for $177,000 while another was bought by a mother for her 3-year-old son for when he can drive. "Spaces are an investment and, for the sort of people who live in the area, 100,000 pounds (about $187,000) is not that much," said Summer. A recent boom in property prices has pushed the average price of a home in Britain to just over $261,000. Knightsbridge is one of the most expensive parts of London, where properties routinely sell for millions of dollars.

02-24-2004, 06:58 PM	#3
kmanrox aka K-Man Industry Role: Join Date: Oct 2001 Location: The Gutter Posts: 29,293	i ate a $25 sandwich from room service while in london yesterday... mcdonalds tasted better imo heh __________________ Crypto HODLr Crypto mining Angel investor

02-24-2004, 07:18 PM	#5
Basic_man Programming King Pin Industry Role: Join Date: Oct 2003 Location: Montreal Posts: 27,360	Wow! lol __________________ UUGallery Builder - automated photo/video gallery plugin for Wordpress! Stop looking! Checkout Naked Hosting, online since 1999 !

02-24-2004, 06:50 PM	#2
Jedimaster Registered User Join Date: Dec 2003 Posts: 2,120	Whouldn't it be great to be 3 years old and have your mom buy you a $177,000 dollar parking spot??? I wonder what kind of car she'll buy the kid??

02-24-2004, 07:10 PM	#4
Sarah_Jayne Now with more Jayne Industry Role: Join Date: Dec 2002 Location: Los Angeles Posts: 40,077	that is why I have a bus pass