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London Property: The £ 750,000 parking space that’s more expensive than the average London home

If you’ve ever been stung by a parking fine, you know the colorful range of emotions that a £ 130 bill is likely to cause.

Although it’s easier than ever to use public transport to get around London, many people still need a car to get around.

How the hell do you hope to get your Selfridges Christmas Day keeps you from getting on the bus?

No one in their right mind would drag a fortune of cheese and port on a filthy subway platform.

READ MORE:Driving instructor picks up parking ticket after breakdown during oil crisis

So if you drive a lot in London and want to avoid a traffic ticket, it may be worth investing in a parking space.

MyLondon has looked far and we can reveal that a very modest black garage door in Portman Square, Marleybone is actually a £ 750,000 parking space for two.

It is the most expensive parking space for sale in London.

MyLondon calculated that you would have had to park illegally over 5,770 times before the investment paid off – that’s over 15 years of parking tickets.

You can see why super rich people just leave their cars around.



The garage is connected to Orchard Court which was used by Churchill for the British Special Operations Executive during WWII.

Chic real estate agents London mansions advertises “double garage space available in this residential building with 24 hour doorman on the east side of Portman Square, minutes from the world famous Selfridges store and Oxford Street”.

You might think that for £ 750,000 you would have Michael Caine take care of your engine while you settle into Savile Row, or maybe even an elevator taking you to an underground lair.

Unfortunately, the garage appears to be standard, with cement visible around the cinder blocks and an abandoned dresser in the back.

The Orchard Court garage is approximately 9m by 3.2m which would give you plenty of room for a Bentley Mulsanne Grand Limousine or a small collection of motorcycles.



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The price of parking space comes as no real surprise with an apartment in Orchard Court selling for almost £ 8million in 2017.

Other spaces in the region are also on offer at exorbitant prices, such as a space in Knightsbridge for £ 250,000 which doesn’t even match the UK’s average size.

If you’ve got the dose and a good reason to drive around Mayfair this could be perfect, the rest of us will probably stay on the bus.

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