I Think London Housing Prices Are Somewhat Expensive

I Think London Housing Prices Are Somewhat Expensive

25 January 2007 · No Comments

(Via Get Rich Slowly) The BBC has an article on the latest property to hit the London real estate market:

‘Table-sized flat’ for £170,000[...]

The former janitor’s storeroom measures 11ft by 7ft and has a cupboard place for a shower and kitchenette area.

Potential buyers can expect to fork out an extra £30,000 to make the room habitable as there is no lighting and it is full of rubble.

For those of you interested, that cost is a bit shy of $4,500 per square foot.

And I thought California and New England real estate prices were nuts!

Tags: Odd ·