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Edinburgh Live
Edinburgh Live
National
Abbie Meehan

Edinburgh locals in disbelief as car parking space hits market for £27,500

A car parking space in the heart of Edinburgh's New Town has gone on the market for a whopping sum of money, leaving many in disbelief.

The one-and-a-half car parking space is situated off Albany Street Lane in the New Town, Edinburgh. It is located within a secure car park, off the main road, with a barrier and fob access.

However, this parking space will set the buyer back by a whopping £27,500, reports the Scottish Sun. According to law and property firm, Urquharts Solicitors, the space is described as a: "One and a half car size parking space located off Albany Street Lane, within a barriered car park with fob access.

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"Situated in the desirable New Town and neighbouring Broughton area, the location is superb with excellent local amenities and is within walking distance of the city centre & surrounding areas."

The listing was posted on social media platform Reddit by one shocked viewer, who wrote: "£27k for a… parking space? Am I reading that right? Why in the world?"

Many people were left in disbelief at the price, as some even compared Edinburgh to the capital of the UK, London.

A baffled user wrote: "That's bonkers, do they think they're in London or something?!"

Another quipped: "Welcome to Little London."

And one added: "You only see a parking spot, with a bit of work that’s a three bed student flat or a luxury AirBnB."

Meanwhile, another concluded: "Yikes. If you're going to sell a parking spot for £27,500, sweep up the leaves, power wash the moss and draw a fresh line around it before you take the photo."

You can view the parking space on the Rightmove website, and see other unusual properties for sale in the capital.

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