Saturday, November 16, 2024

Former caretaker’s closet that’s less than 2.5ft wide hits the market for an eye-watering £250K

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A broom cupboard converted into one of the smallest homes in the UK has hit the market for an eye-watering sum.

Just a stone’s throw from the Natural History Museum in south Kensington, the miniscule property measures a mere nine metres squared [96 sq ft] and is just 75cm [2.4ft] wide in parts.

In fact, the place is so small that a prospective owner could stand in the middle of it and comfortably touch both walls at the same time.

Despite its diminutive size, the property on the market with Purplebricks commands a price of £250k – that’s £27,777 for every square metre of floor-space.

The second floor home comprises a reception, kitchen and mezzanine bed area (1.5m x 3m) and shower room (1m x 0.5m).

A broom cupboard-cum-studio flat that is one of the smallest homes in the UK has hit the market for £250,000.

The property in the affluent London neighbourhood of south Kensington, measures a mere nine metres squared [96 square ft] and is just 75cm [2.4ft] wide in parts

The property in the affluent London neighbourhood of south Kensington, measures a mere nine metres squared [96 square ft] and is just 75cm [2.4ft] wide in parts

The place is so small that a prospective owner could stand in the middle of it and comfortably touch both walls at the same time

The place is so small that a prospective owner could stand in the middle of it and comfortably touch both walls at the same time

The flat itself has a single window boasting views to the surrounding area, rich with museums, galleries and Royal Parks

The flat itself has a single window boasting views to the surrounding area, rich with museums, galleries and Royal Parks

The 1871 building is today home to seven apartments. The flat itself has a single window boasting views to the surrounding area, rich with museums, galleries and Royal Parks.

Today’s six-figure asking price is over three times its original £80,000 listing, just over 20 years ago, and yet a quarter of the value of an average flat in Kensington & Chelsea at £1 million.

Owner Nick Minns is confident the property will not be on sale for long.

Nick said: ‘With landmarks such as the Natural History Museum, the Science Museum and the Victoria and Albert Museum on its doorstep, what it lacks in space, it makes up for with its sought after location.

‘It’s a short walk to South Kensington tube, which has excellent transport links into and out of central London.’

Today's six-figure asking price is over three times its original £80,000 listing, just over 20 years ago

Today’s six-figure asking price is over three times its original £80,000 listing, just over 20 years ago

Owner Nick Minns is confident the property will not be on sale for long. He said: 'What it lacks in space, it makes up for with its sought after location.

Owner Nick Minns is confident the property will not be on sale for long. He said: ‘What it lacks in space, it makes up for with its sought after location.

He added: 'The property would make a great bolthole for someone who perhaps lives outside London'

He added: ‘The property would make a great bolthole for someone who perhaps lives outside London’

Nick Gaunt, Local Property Partner at Purplebricks said: 'To find any property, however small, with such a prestigious postcode and at this price is very unusual.

Nick Gaunt, Local Property Partner at Purplebricks said: ‘To find any property, however small, with such a prestigious postcode and at this price is very unusual.

‘The property would make a great bolthole for someone who perhaps lives outside London, and just needs somewhere to rest their head for a night or two during the week.

‘It also would make for a sound rental investment, commanding a rent of over £2,000 a month. In all the years I have owned it, it has never once been empty.’

Nick Gaunt, local property partner at Purplebricks said: ‘To find any property, however small, with such a prestigious postcode and at this price is very unusual.

‘As such, we imagine it is likely to get snapped up very quickly, especially given its location, investors are likely to see beyond its square meterage and to the fact it will make a smart investment for any buyer.’

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