It will be news to no one that property in Highgate is not exactly cheap these days. But a converted garage for £250,000?
That was the astonishing price tag placed on a “one bedroom studio” in Duke’s Head Yard, just off Highgate High Street, which went on the market with estate agents Winkworth.
A quarter-of-a-million buys a 224sq ft unit fitted with a bathroom and a tiny kitchenette in the corner.
Kirsten de Keyser, chair of the Highgate Society, told Heathman: “There’s quite a lot of concern about the way prices are being tanked up in the area.
“Even house owners in Highgate are actually beginning to get concerned about it and not whooping around with glee. They are concerned that this market is now out of control.”
The listing has now been removed from the Winkworth website.
The firm did not explain why after being contacted by Heathman, but The Daily Mail reports that a spokesman said it was “in order to clarify and make clear of the usage rights”.
The property had been listed as a “one bedroom studio”, but lower down in the online advert it is described as a “self-contained commercial unit”.
If £250,000 seemed a little much, it was also offered for rent at £300 per week – either way enough for a whole house outside of London.
Still, it is a bargain compared with the £300,000 parking space put up for sale near Hyde Park earlier this month.
“When parking spaces are selling for £300,000 and garages for £250,000, I wonder if it’s time to pack your bags,” added Ms de Keyser.
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