Hyde park car space costs the same as studio flat

A car parking space measuring 100 sq ft is available to hire for £170 per week for a minimum of a year.

The single car parking spot is on floor -4 of a car park beneath Hyde Park, putting it just outside of the congestion charge zone.

The space is accessed via the underpass outside the Park Lane Hilton and is secured by a swipe key card system.

Agent Peter Whetherell assures prospective renters neighbours of the next occupier's vehicle will be “all prestige cars, Bentleys, Astons, Ferraris and Hummers (except one golf, sorry) in smart car covers.”

£170 per week would pay for a studio flat in Ealing, Shepherds Bush, New Cross or Dulwich or a one-bedroom flat in Catford, Selhurst, Leyton or Forest Hill.

In central London £170 will get you a room in a nice flatshare or houseshare. And while you may not have your own front door, you will get more than 100 square feet, hot and cold running water – and windows.