Mayfair Studio

[10JH]

Look at the price for this studio apartment in Mayfair. £695000 for that! Look at the floorplan, it is minute.

Why would someone pay for that, surely the location can't be worth that much to someone?

Edited to add link! - http://search.knightfrank.com/wer080175

Edited by 10JH on Tuesday 6th April 17:34

[B17NNS]

What are we looking at?

Or is it so small it's not visible with the naked eye?

[sjg]

Over £22k per square metre. Blimey.

[ShadownINja]

Wait a sec. How do you get into the room?

[Beardy10]

£!500 a sq ft for Mayfair is not ridiculous....if it was a big flat or a house it would go for much more than that per sq ft. £2000 a sq ft is quite "normal for a good spec decent property". In the boom places were going for £4000 sq ft in parts if London. I live in Zone 2 and £1000 sq ft is what good places go for.

I wouldn't pay it but there are plenty of people that will. Central London property looks cheap to foreigners because of the weak pound.

[ShadownINja]

Suddenly, it becomes clear. The OPer lives oop norf. Could buy 600,000 flats for that one flat.

[10JH]

ShadownINja said:

Suddenly, it becomes clear. The OPer lives oop norf. Could buy 600,000 flats for that one flat.

Ha ha, you're right.

I'm not so in shock of the £ per sq m. It's more why anyone would want to live there in such small space for that price, where they could live a mile away and get a huge amount more space.

[Slaav]

10JH said:

ShadownINja said:

Suddenly, it becomes clear. The OPer lives oop norf. Could buy 600,000 flats for that one flat.

Ha ha, you're right.

I'm not so in shock of the £ per sq m. It's more why anyone would want to live there in such small space for that price, where they could live a mile away and get a huge amount more space.

A mile away and get loads more? You will get more but query the 'loads more'.... Depending on which direction you travel

[Pothole]

this is on the same street, two bedrooms and cheaper slightly less ridiculously priced