Powered by MOMENTUM MEDIA
realestatebusiness logo
Home of the REB Top 100 Agents

Friday Funnies: London’s cheapest apartment sells for the price of a BMW

By Jay Garcia
22 January 2016 | 9 minute read
Houseinhands

London’s cheapest apartment has sold for £79,000 ($160,600) despite being just under seven square metres.

The tiny Clapton residence was subject to nine separate offers and was viewed 36 times before selling, according to The Telegraph.

Included in the purchase price was a mini fridge and microwave as part of the home’s “compact kitchenette”.

==
==

The Telegraph noted that the property can only be bought with cash since it is not large enough for building societies or banks to legally lend the money for purchase.

 

(Images: The Telegraph)

ABOUT THE AUTHOR


Do you have an industry update?
Subscribe
Subscribe to REB logo Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.