London’s smallest property sells for 80% above asking price

[Mark Rocks]

Smaller properties are apparently being snapped up, in a sign of huge changes in the market. 

And if you need any proof, look no further than this microflat which was sold in London for £90,000. 

For that handsome price, the owner gets a bed, with a cupboard, storage space and a microwave underneath. 

“The space between the bed and the wall is about wide enough to spread your arms in, and there’s a foldout table for eating or working on. A toilet and shower are in a separate wet room.” 

Do you think the heat of the market means we’ll see an increase in these microproperties? 

https://www.theguardian.com/uk-news/2022/feb/23/londons-smallest-microflat-sells-for-80-above-asking-price