Ultra-cheap city flats, major catch involved,
A ground-floor flat in a popular London suburb is listed for only £70,000 ($140,000).
This price is remarkably low for a city consistently ranked among the world’s priciest housing markets.
However, there’s a catch: the flat measures only 2.06 metres in width.
In fact, it’s even narrower than a typical Tube carriage.
In total, the flat offers less than nine square metres of internal space. It measures 2.06 metres by 3.25 metres.
Remarkably, the flat is just slightly larger than a large bed. The narrow front door opens to a small kitchenette.
It includes a sink and a bar fridge. A small flight of stairs leads to a couch that doubles as a bed.
Additionally, a shower and toilet are squeezed into a corner, right next to the kitchenette. There are no windows in the property.
The only source of light comes from the frosted glass front door. Furthermore, the flat’s size isn’t the only challenge.
The property lacks planning permission for residential use. Despite this, the flat is currently rented out, earning £1436 per month ($2880).
This is equivalent to a steep rental price of $720 per week.
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“The property is located in the highly desirable area of Westminster. Additionally, the open spaces of Warwick Square are easily accessible.”
According to the listing, the flat was put up for sale through a public auction on December 12.
The auction, hosted by Auction House London, unfortunately did not result in a sale.
Currently, the property is available with a 108-year leasehold.
