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Daily Mirror
Daily Mirror
National
Liam Buckler

Flat in London's most exclusive postcode on sale for £175k with one room and no toilet

A flat located in one of London's most exclusive postcodes could be yours for a very reasonable price - but contains only one room and doesn't have a toilet.

Located just a stone's throw from the city's iconic Harrods department store, the tiny SW3 pad has an auction guide price of just £175,000.

With Hyde Park a few minutes away and with easy access to Chelsea, Kensington and the West End, the property is sure to attract a lot of interest as Princes Court is a hot piece of real estate.

As the housing market surges and the demand for properties far outweighs the availability, the relatively affordable price of this Knightsbridge flat will likely generate a lot of interest.

Princes Court, opposite Harrods, Knightsbridge, where a very small flat has gone up for sale for £175,000 (SWNS)

The flat is located on Brompton Road in Knightsbridge and is just 8.1 square metres in size, according to the floor plan.

However the main reason for the impressively low price guide is perhaps because there is no bathroom included.

Even though the apparent lack of a toilet will perhaps put off some buyers, there is sure to be great interest in the renovation of the flat in such a popular location.

The auction listing, posted by Knight Frank auctions, describes the ninth-floor flat as "a 'blank canvas' in shell condition".

It adds that it "can easily be fitted out to the purchaser's taste".

The flat is just 8.1 square metres in size according to the floor plan (SWNS)

There is sure to be a queue of interested buyers as the average price tag on a home across Britain has now increased by nearly £8,000 in the space of just a month.

The average asking price for a home is now 9.5% higher than a year ago, marking the highest annual rate of growth since September 2014, according to Rightmove.

This means on average homes have now risen in value by nearly £40,000 in the two years since the coronavirus pandemic started, compared to just over £9,000 in the previous two years.

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