Property News · October 2, 2014

Britain’s smallest £1m flat up for sale


‘Micro home’ in Mayfair boasts less space than a double garage and would be ideal for a student or socialite, says estate agentA studio flat that is smaller than a double garage has been put on the market for nearly £1m – a price its estate agents claim makes it the smallest property available for that sum.The micro-flat, in the heart of Mayfair in London, is just 31 sq metres (334 sq ft). It has a bed in the living room and a small kitchen and bathroom. Wetherell estate agency has put the the property on the market for £950,000. However, anyone willing to pay this price will also need to hand over an additional £38,000 for the stamp duty and £2,200 a year for the annual service charge. Continue reading…

Source : theguardian.com
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