This tiny London ‘flat’ epitomises the state of the notoriously difficult housing market in the capital.
The small property, in Kensington, the west of the city, may seem like a golden find at first glance at the price of just £175,000.
But taking a proper look at what’s on offer, it may become clear why the bargain property is yet to be snapped up by a buyer.
It offers a prospective buyer just 79 sq. ft. of space, My London reports, meaning you would have to live a rather minimalist and squashed lifestyle.
The pictures showcase how the interesting space could be used – with the bed, stove and shower all crammed in next to each other.
The property located on Colville Road in the heart of Notting Hill can be bought in cash only, and requires modernisation throughout.
Interestingly, the advert itself states that it cannot be used as a permanent residence, nor can it be let out either.
Instead the space, with just one single window, is apparently “great for a London bolt-hole or study/office space”.
MyLondon covered the interesting studio flat when it was on the market last year for £200,000, but its failure to find an owner seems to have knocked the price down a little more.
With offices closing around the city, and more and more Londoners adopting permanent home-working arrangements, maybe the property will finally find an owner to snap it up as a £175,000 separate working space.
London is home to some of the most expensive properties in the world, and finding somewhere to live can set buyers back millions.
The market is notoriously difficult, as extortionate property prices offer often small and confined spaces.
The property is managed by Douglas and Gordon.