A Place To Park At Any Cost??

Parking space in London sells for £400,000

An underground parking space near London's Royal Albert Hall in Kensington has sold for an eye-watering £400,000.

For that price you can fit not one, but TWO cars. Not bad for something that costs over two times the cost of an average home in Britain.

Just a short stroll away is a NCP car park which motorists can use for a mere £35.10 a day, meaning with £400,000 you could afford to park there for next 31 years.

This is not the first time the car park has lured in drivers, a similar space in the underground area went on sale - for a pocket-friendly £275,000.