A lock-up garage in an exclusive part of London sold for over £670,000. The garage, which sits between two houses on Lawrence Street in Chelsea, comes with planning permission to turn it into a one-bed flat.
Savills Auctions had given it a guide price of £525,000, which is more than twice the price of the average home in England and Wales.
Large family houses on the street, which is just off the exclusive Cheyne Walk, are typically worth upwards of £5m.
Plans for the...
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