It’s a well-known fact that buying a property in London is pricey business, and buyers are constantly on the hunt for the best possible deal.
According to Zoopla’s latest estimates , the average price for a property in London is £681,427, with flats at £548,153 and terraced houses for £766,678.
One East London home has blown these averages out the water, but there’s one thing you need to know – the house only has two rooms and has caught the eyes of Londoners for being so tiny.
READ MORE : Historic three-bed home near Croydon park on sale for £300k
This flat has been described as “bright and contemporary” and is moments away from East London’s trendy Victoria Park.
The home is currently on the market for £429,950, boasting an open-plan kitchen and reception with a bathroom on the ground floor, with a bedroom on the raised first floor.
According to Zoopla: “The property is situated moments from a range of shops and amenities that can be found at the Victoria Park Village while the green expanses of Victoria Park are only a short distance away.”
Though some hopeful homeowners may be shocked by the property’s price given it’s so small, a look inside may change your mind.
Every inch of space in this pint-sized home has been used thoughtfully, with stylish shelves, seamless worktops and a bed that fits snugly into the property’s design.
The areas surrounding Victoria Park are considered highly desirable for homeowners, with a number of schools nearby (although fitting a child into this house may be a push) and many independent shops, pubs and restaurants.
In fact, in 2020 Victoria Park was named as one of the best places to live in London by The Times .
The newspaper wrote: “Hackney has long been one of London’s hippest ’hoods, but for mainstream buyers, the East London borough is too rough or too cool for its own good.
Do you want to stay up to date with the latest news, views, features and opinion from across the city?
MyLondon’s brilliant newsletter The 12 is absolutely jam packed with all the latest to keep you keep you entertained, informed and uplifted.
You’ll get 12 stories straight to your inbox at around 12pm. It’s the perfect lunchtime read.
And what’s more – it’s FREE!
The MyLondon team tells London stories for Londoners. Our journalists cover all the news you need – from City Hall to your local streets, so you’ll never miss a moment.
Don’t skip a beat and sign up to The 12 newsletter here.
“Victoria Park is neither: it’s simply one of the capital’s loveliest places to live. Much of the credit goes to the park itself, 213 magnificent acres that last year earned a Green Flag People’s Choice award for favourite parks (the only London winner).
“It’s elegantly landscaped in Victorian style – it was laid out by a pupil of John Nash, with ornate lampposts, wrought-iron gates and a Chinese pagoda – and rivals Regent’s Park for beauty.
“A towpath follows the Hertford Union canal and the vegetarian Pavilion Cafe overlooks a lake that’s home to the oldest model steam.”
More information on this unique property can be found here.
Want more from MyLondon? Sign up to our daily newsletters for all the latest and greatest from across London here.
If you have a story you think we should be covering, email [email protected]