The tiny, one-bedroom ‘pied-a-terre’, in the much sought after Richmond Avenue in Barnsbury, Islington, north London, only serves to illustrate the spiralling property prices in the capital.
Confined living space: Not much room to spread about [Photo Credit: zoopla.co.uk]
Pictures show the tiny living area furnished only by two floor cushions, two small stools and a dining table around the size of television screen.
The miniature home has a ‘mezzanine sleeping level’ which appears little more than a shelf with the stairs accessed by stepping on to a kitchen work surface.
The bathroom consists of a shower and toilet only inches apart and it appears highly feasible that one could perform both functions simultaneously.
No wonder the agency selling it describe the house as “unique” and “possibly the smallest house in the world”.
Land Registry figures show house prices in Islington have jumped by more than 2% in the past year with the average selling price now around £645,000.
Expert projections predict the average price of a house will rise to £800,000 by 2040.
According to property website Zoopla the average price on Richmond Avenue is £1.8M.