Property News · May 6, 2016

For rent: a one-bedroom London garage flat for £850pm


Estate agents in Abbey Wood advertise converted garages on council estate in latest sign of inflated property market in the capitalA landlord is asking tenants for £850 per month – to live in a converted garage on a council estate on the furthest edges of London. In yet more evidence of the city’s inflated property market, the garage, described as a “lovely compact one-bedroom flat” will cost the tenant around half the monthly take-home pay of someone earning an average salary. Continue reading…

Source : theguardian.com
Read more…For rent: a one-bedroom London garage flat for £850pm