Tiny maisonette in Knightsbridge goes on the market for the ridiculous sum of £850,000 (despite having just 33 years remaining on its lease)
Indication of the crazy heights London property prices have reached has this week been provided in the launch to the market of an £850,000 maisonette in Knightsbridge.
Offered by Jackson-Stops & Staff and just 1,004 square foot in size, a ground and basement flat at 35 Ovington Square has has two bathrooms and two bedrooms (but neither is large: one is just 12’6” by 8’4” in size) and ten percent of the total floor space comes in the form of two open vaults.
For sale on a lease that has just 33 years remaining, the apartment is subject to a ground rent of £1,250 per annum and a service charge of £2,629 per annum. It is anything but a veritable bargain.
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