A miniscule flat with a shelf for a bed on sale for £275,000 is the latest example of Islington’s astronomical house prices.
The pokey property in Richmond Avenue, Barnsbury, is essentially just one room and provides a toilet inches from the shower, has become the latest online symbol of ludicrous house prices in the capital.
Marketed as an ‘ideal pied-a-terre’, estate agents say the ‘unique 1-bed house’ provides a ‘creative open plan living space’, which is a euphemism for the fact you climb up some stairs over the kitchen area and sleep on a mezzanine shelf above the rest of the flat.
Small homes have been big news in Islington over recent weeks.
In June, a notorious ‘shoebox’ apartment in Kember Street, Islington, with just inches between the bed and kitchen cupboards, sparked national outrage after it was marketed for £737 a month by landlord Andrew Panayi, 67, who owns more than 40 properties in and around Caledonian Road.
From the subsequent Islington Council investigation, last week a building in Holloway hwas hit with an order to stop 19 tiny bedsits inside it from being rented out.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here