Posts with tag: Princes Court apartment

Flat is Less Than 9 Foot Wide but Costs £46,000 a Year

Published On: September 11, 2015 at 2:58 pm


Categories: Finance News

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It has just enough space for a single bed and the kitchen is concealed behind a mirror, but this flat does not come with a reasonable price tag.

The apartment on Brompton Road, in Knightsbridge, London, is believed to be Britain’s smallest. With just 72 sq. ft. of space, the flat is around a twelfth of the size of the average new home in England.

Behind a mirrored wall is the flat’s kitchen, featuring a microwave, sink, hob and fridge.

There is just about enough room for a single bed and there is one separate room, housing the shower and toilet. Renters are entertained with a mounted television on the wall.

The flat is in Princes Court, a mansion block considered one of central London’s most desirable places to live, and opposite Harrods. A three-bedroom flat in the complex costs £2.5m.

The studio apartment may be the smallest property on the rental market, but it is far from being the most affordable. At £895 per week, the tenant will pay £3,878 a month or £46,540 over the year.

This is two-and-a-half times the average rent in London and the same price as a seven-bed Grade I Listed country home in Somerset, once owned by Henry VIII.

The letting agent, Harrods Estate, says the “clever design” of the flat means it has everything a tenant could want.

Lettings Director at Harrods Estates, Ed Woolgar, says: “This delightful apartment is situated in the heart of London’s most desirable address, a short walk to Harrods and Hyde Park.

“It’s compact but clever design means that the tenant has everything they need including a hidden kitchen, complete with fridge, microwave, hob and sink, along with a bathroom with shower, basin and WC.

“There is enough space for a single bed and the TV is perfectly positioned for relaxing evenings in.”1