January 11, 2006

Page: 12

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Lock-Up Garage Sells For Over USD 1,000,000

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Lock-Up Garage Sells For Over USD 1,000,000

LONDON - A 20ft (6m) by 9ft freehold garage which has sold for GBP 650,000 (1,143,094.29 USD) is seen on January 11, 2006 in London, England. The property in Egerton Terrace, Chelsea is approximately 5 times that of the average cost of a first-time buyer's property (�134,000) according to the Council of Mortgage Lenders. (Photo by Bruno Vincent/Getty Images)

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