Garage hits market for £100,000 in historic city of Bath

RightManoeuvre! 9ft by 18ft garage hits market for £100,000 in historic city of Bath where homes average £460,214

  • Garage in city of Bath has gone on the market for offers in excess of £100,000
  • Average house prices in the Somerset city were around £460,000 last year
  • The price has been slated by locals after it appeared in a local newspaper

A garage has gone on the market for £100,000 in the historic city of Bath where property prices average around £460,000.

Estate and letting agents Winkworth put an advert in a local newspaper listing a variety of properties for sale in and around the city in Somerset.

And amid the options of a 2/3 bedroom apartment and a semi-detached bungalow there is a listing for a garage in William Street.

The lockupis believed to be 9ft wide and up to 18ft long, which are around the typical dimensions for a single car garage.

The advert said: ‘Central Bath. Offers in excess of £100,000.

‘Freehold double length garage in William Street just off Great Pulteney Street.

Amid the options of a 2/3 bedroom apartment and a semi-detached bungalow there is a listing for a garage in William Street.

‘Offers by Friday 28th June.’

The freehold is the permanent and absolute tenure of land or property with freedom to dispose of it at will.

Taxi driver Paul Roles, a prominent figure around Bath, criticised the price of the listing on Twitter.

He tweeted: ‘Affordable housing in Bath!! Oops no its’ just a 100k garage!!’

Another wrote: ‘Go to Wales. You could buy a house at that price.’ 

Winkworth said that the garage was bought for that price several years ago. 

According to property website Rightmove, last year most property sales in Bath involved terraced properties which sold for on average £460,214. Pictured: The Circus in Bath

According to property website Rightmove, last year most property sales in Bath involved terraced properties which sold for on average £460,214. Pictured: The Circus in Bath

According to property website Rightmove, last year most property sales in Bath involved terraced properties which sold for on average £460,214. 

Flats sold for an average price of £366,642, while semi-detached properties fetched £482,259. 

In 2014 a small garage on a plot of Land in Chelsea, west London sold for around £550,000.

The 11ft by 7ft building was only large enough to hold one car, and at the time its sale price was twice that if the average UK asking price.

In 2016, a double garage, also in Chelsea, sold for £670,000. The lock-up was sandwiched between two large homes near the River Thames. 

It sold for the staggering price-tag because the owner has secured planning permission to convert it into a one-bedroom home. 

Also in 2016 a parking space in Hyde Park Gardens, in central London, was put on the market for £350,000. It was the most expensive in the UK at the time.

In second place was a spot in Edinburgh’s New Town conservation area for £85,000.

 

Read more at DailyMail.co.uk