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Seven-Foot Wide House Goes On Sale For £235,000

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From the article: Houses for sale below the £250,000 stamp duty threshold are thin on the ground in London – quite literally in the case of one two-bedroom property in the north of the capital which is up for auction. Measuring just 84in wide, the terrace home in Haringey, is barely the width of three wheelie bins.

The house, which appears to have been squeezed on to what was once a driveway between two more conventionally sized homes, will go on under the hammer on 1 October and is expected to fetch more than the guide price of £235,000.

Buyers will have to sit under the stairs in the super-slim living room but they do also get a roof terrace. “I think it will appeal to owner-occupiers or perhaps an investor,” said James McHugh of estate agent McHugh & Co, who is handling the sale. A buy-to-let landlord, he said, could rent out the corridor-shaped home for around £1,300 a month.

Wider homes on the same street have been changing hands for much more – a three-bedroom terrace is currently on the market for £580,000 – and in a part of London where house prices increased by 23% in the year to July there are slim pickings for homebuyers who cannot raise considerable sums of money.

It is not the narrowest house in London – it is a whole foot wider than a 6ft-wide home in Shepherd’s Bush which changed hands for £549,950 in 2009. [more at link]



http://www.theguardian.com/money/2014/sep/03/narrow-terrace-house-north-london?CMP=fb_gu

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  • 406 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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