Property News · February 24, 2022

London’s smallest microflat sells for 80% above asking price


Seven-square-metre ‘posh cell’ in Lower Clapton fetches £90,000 at auctionA 7-square-metre microflat, cramming in a bed, toilet, shower, sink and a microwave tucked under the pillow, has sold for 80% above its minimum listing price at £90,000.The microflat, located in a Victorian conversion in Lower Clapton, east London, is believed to be the capital’s smallest-ever property, marking a turn towards tiny homes driven by the UK’s housing crisis of soaring rent and property prices. Continue reading…

Source : theguardian.com
Read more…London’s smallest microflat sells for 80% above asking price

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