Bargain of the year: Roof space for 450k

roof terrace

17 Dec

The London property market seems to get more ridiculous by the week. This week’s instalment involves a bit of roof space which costs more than most houses.

For £450,000 you can now buy a 53 sq.M roof space with planning permission for a 1-bed apartment with a terrace.

bermonroof

(The roof space: via Zoopla)

The roof space is located in Bermondsey, on Bermondsey Street, a very popular high street which was featured as South London’s coolest quarter in Vogue’s annual Secret Address Book. It’s renowned for its restaurants, bars, community squares and distinctive local architecture.

You also have London Bridge, Borough Market and The City within walking distance. Despite the fantastic location, this still means you’ll pay a whopping £8490 per sq.M.

bermonroof 2

(Potential flat to be built: via Zoopla)

The roof space is advertised on Zoopla and described as a “unique opportunity”. It’s situated on the third floor with lift and stair access, and comes on a long leasehold.

What do you think, is this ‘opportunity’ worth £450,000? Let us know on Facebook or Twitter

 

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