‘Ideally located’: £250,000 parking space for sale near Harrods

Underground space in Basil Street car park, Knightsbridge, costs nearly as much as average UK house

An underground car parking space opposite Harrods has gone on sale for 250,000 - just under the average price of a UK home and enough to buy a six-bedroom detached house in Middlesbrough.

Despite its price tag, the parking space is actually too small to accommodate large cars as favoured by the super-rich, who are the most likely to shell out for the luxury of being able to park in Knightsbridge.