There is a new, tiny London flat making headlines throughout the UK because it’s smaller than the average hotel room, and it sold for a staggering 100,000 pounds to any cash buyer who is willing to invest in it. This is the realm of the housing industry. Real estate expert Nick Millican informs how the entire flat is 194 square feet, and it’s just under the size of the average budget motel room.
The sky-high price for a tiny apartment is staggering, and shocking to many London investors. To put in perspective how tiny this is, it’s just over three times the size of the minimum dimensions of a Red Cross for a prison cell. As Nick Millican states, many individuals might feel as if they are paying to move into an oversized prison cell when an entire flat is that size.
The entire apartment includes only 4 kitchen cupboards and a small fridge as well as space for a bed and a washing machine. Keeping on with the house description, the washroom is tiny (like that of a cruise ship) and houses a shower, toilet, and sink crammed into several square feet. And real estate agent Nick Millican is in charge of it.
The walking spaces through the entire apartment are some of the most narrow seen in houses on the market today as the investment expert Nick Millican adds. This is one of the most affordable homes for sale in the N17 zip code.
But, Nick Millican adds, still largely considered ludicrous by many different buyers as it’s basically an undersized motel room and that’s supposed to be their entire home. While the flat is close to a favorable part of Northumberland, many people don’t consider the price worth it for this tiny space. while others might jump at the chance to own prime real estate in the center of London.