Real Estate Advisory

Small Chelsea Garage Sells for £360,000

18th February 2016

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A one car garage measuring 148 square feet with a guide price of £180,000 recently sold for £360,000 at a Savills auction. Properties in this part of Chelsea on average cost £2.4m so one may consider the price of this garage to be reasonable when buying a home in this area. On the other hand it is difficult to think of many cars that would cost more than the price paid for this garage.

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