London: semi-covered alley retails for ⬠330,000
We know that life in the cities is impossible when a half-covered alley in London was sold at auction for £ 330,000 ($ 1 million). It is true that London is not exactly the cheapest city in the world, but this alley in Northcote Road, Battersea, being sandwiched between two shops, is far from the perfect home â" or even to be a House.The site has building permission â" hence the asking price had to be raised â" but it's far, far away to be worth that much money. The new owner can now transform the space into a welcoming residence, but will have to spend as much, probably, to do so.The construction authorization includes an extension of the House for a first floor, behind the alley â" in total, the home may have up to 275 square feet. "[I was] a little surprised by the price at which the alley was sold. But only a little, "explained Chris Coleman Smith, director of Savills Auctions, in charge of the auction, the Evening Standard.For the same price, according to Smith, the owner could buy a House with five bedrooms in Yorkshire or a spacious apartment of four rooms in Suffolk. But not in London.
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