Savvy property investors are believed to be scouring London’s most prestigious postcodes for pandemic bargains. But even the most opportunistic real estate hunters will be surprised to find an apartment overlooking Harrods and Hyde Park for just £150,000.
There is one catch, however: the “zero bedroom flat” measures barely 8 square metres, or 89 sq ft in old money.
That is pretty titchy. That’s about twice the size of a super king bed. -Ish, -ish, you understand. If shagging those who claim to be visiting Harrods is your sport then it would be cheap at twice the price of course.
Thangam Debbonaire, Labour’s shadow housing secretary, said: “This outrageous advert is evidence of a broken housing market and shows why we need more truly affordable homes.”
Well, yes, OK, we’ll accept it as evidence. The thing is, what’s the best plan to get more built? Continuing with the system of the Town and Country Planning Act which has been failing since 1947 would not appear to be the way to do it.