A double garage in Edinburgh has been put up for sale at offers over £185,000 – higher than the average price of a house in Scotland.
The ‘secure and spacious’ site between the city centre and the west end is described as being ‘well positioned’ in a ‘well sought after’ area.
The garage, which is being marketed through estate agents Savills boasts a total space 337sq.ft and the sales brochure for the Lynedoch Place Lane site states it could easily be converted to a single unit providing even more storage space for its owner.
Figures last year revealed the average house price in Edinburgh sits at £293,406 while the average price for Scotland was said to be £183,000.
One local said: ‘It’s a very nice area but it seems to be a lot of money for a double garage.
Pictured: A double garage in a ‘well sought after’ part of Edinburgh (left) has been put up for sale at offers over £185,000
Estate agents Savills have said the garage could be converted into a single unit to create extra storage space for a new owner
‘No doubt it’ll get snapped up because it’s in the perfect location in the west end of the city.
‘Property prices are high and that is shown by the asking price for a garage.’
The official sales brochure added: ‘The garage presents the opportunity to be converted into one larger unit.’
Ben Fox, a property agent with Savills, said: ‘This is a secure and spacious double garage in the West End that would be ideal for parking or storage.’
Parking in Edinburgh often comes at a premium with locals reporting cars mounting pavements across the city in a bid to park their car.
The total space available at the double garage, located in Lynedoch Place Lane, in the west end of Edinburgh, is 337sq ft
Residents expect the property (pictured) to be snapped up because parking is at a premium in the Scottish capital city
But Edinburgh is not the only capital city where properties the size of garages are going for huge sums.
A double space garage described as ‘moments from Oxford Street’ in London is currently on sale for £750,000. The property measures nine metres by three metres and is portered 24 hours a day.
Another garage further out of London was described as a ‘terraced property’ in an online listing with an asking price of £25,000 – the same as a two-bedroom home in Middlesbrough.
House hunters looking on the Rightmove property listing website could well have been disappointed to discover that what they thought was a very generously-priced home in Kilburn, north west London, was in fact an uninhabitable parking spot.
Similar garage listings for in-demand parts of London can cost quadruple that amount – or even more if a parking space is underground.
The Kilburn garage’s description reads: ‘The property is conveniently situated on Willesden Lane only moments away from Willesden Green Station and all the amenities.’
While £25,000 is fairly typical for a parking space or garage in London, in other parts of the country buyers could own their own home for that much money.
A parking space in a village in South Devon went on sale for £100k located in the upmarket riverside village of Shaldon
In January this year a two-bedroom semi-detached house in Middlesbrough, North Yorkshire, went on the market for £25,000 – one tenth the cost of the average property in the UK, and just under half for the average semi-detached property.
Elsewhere in the UK, a single space garage in an upmarket village in Devon went on sale for £100,000 in November last year.
The space for one car was situated in an open garage at Royal Standard Mews, Penrhyn Pace.
Just one of five parking spaces just off Fore Street in the heart of the village, it boasts security lighting and a 999 year lease which started from 2016. The space measures 4.5m x 2.84m with a height of 2.08m.