A 28-Bedroom Mansion In Devon Costs The Same As A 17ft Garage In London

    Ridiculous.

    This is what £500,000 buys you in North Devon.

    Moreton House, near Bideford, is a 34,250-sq-ft Grade II-listed building boasting 28 bedrooms.

    The three-storey residence also has 19 reception rooms, eight bathrooms, and a ballroom, obviously.

    Estate agency Jackson-Stops & Staff says the building was previously used as a boarding school.

    Land and new home director James Gibbs said the property was on the market for just £500,000 because of its size.

    “It is priced like this because it is so large. If it was a tenth of the size it would probably still be the same price so you’re basically getting 90% free."

    “It could be a school, a hotel, converted into apartments or be used as a single home for someone with a lot of furniture.”

    For your half a million, you also get five acres of land.

    Meanwhile, in London, this is what £500,000 buys you. A garage.

    The garage is on Canning Mews, west of Palace Gate in Kensington.

    It is described as “substantial and secure” and stretches back over 17ft.

    We know which we'd prefer to buy.