The exorbitant price of freehold property in Cullompton has baffled property hunters as it offers no bedrooms or bathrooms.
But Seddons estate agents are expecting a surge of interest – although the garage costs more than a three-bed patio in parts of the UK.
Its peeling paint, smashed overhead door and overgrown shrubs barely justify the asking price of £ 95,000 to the naked eye.
Although it is not believed that there is any plumbing or drainage, it does have electricity.
And the Seddons think the property is worth it, as it offers an “exciting opportunity” to build two apartments on the land.
Each of the potential homes could have three bedrooms, an open plan kitchen / dining / living room, bathroom, exterior, parking area and garden.
The listing explains that it is currently used as a double garage, with parking and a rear garden.
It also boasts of being in a prime location for nearby Cullompton Community College, with easy access to local doctor’s offices, a veterinarian’s office, and recreational facilities.
The box is located in the picturesque and peaceful town of Cullompton and the site is convenient for travel to Exeter.
Despite its exorbitant price, it’s overshadowed by a London garage marketed for £ 750,000 – more expensive than a 14-bedroom Scottish castle.
The 303 square foot central London space in an apartment building with 24 hour caretaker in Portman Square is a short walk from Selfridges and Oxford Street.
In 2016, a Chelsea garage became the UK record holder when it was sold for £ 670,000.
The double garage was between two large houses near the Thames.
Another dilapidated one-car garage has been put on the market for the princely sum of £ 100,000 – and has been greeted with a flood of offers.
The “location, upscale, and proximity to water” made it a desirable investment according to real estate agents.
The garage, located in Bosham, near Chichester Harbor, was priced high, but three-bedroom houses were also for sale for £ 850,000 with no parking space at all.
The most expensive parking spaces in the UK have also been revealed.