It is many tenants’ desire to climb the housing ladder in the capital city of the United Kingdom.
As populations throughout the world grow exponentially and rents rise, many cities in the UK have witnessed an increase in the construction of smaller, more economical flats and apartments.
Some people enjoy living in tight spaces, whereas others make adjustments to save money.
However, small flats are not for everyone as many become suffocated if they are claustrophobic.
Because of the reason mentioned above, small flats, known as microflats, are gaining popularity and reducing in size.
One in fifteen London apartments falls below the national minimum threshold of 37 square meters for a one-bedroom house, although the median size of UK residences below the space limit decreased by one square meter to 29 square meters recently.
Although minimalist design is a movement in product design, it takes on an entirely new meaning for those who migrate to a large city in pursuit of a minimalist flat they can not only like but also afford.
To prevent overpopulation, a small flat must have everything in place, and certain items must stay in the same location.
The few square meters of accessible floor space must be precisely organized in order to maximize the space available.
When building such compact flats, the goal is to provide lightweight, multipurpose, and inventive woodwork and furnishings solutions that facilitate the rapid transformation of rooms.
Take a look at two of the smallest flats in London, one of which is probably the only flat in London that is extremely small that it will make your jaw drop for sure.
The places where these flats are located are mentioned below:
- Lower Clapton, East London
- Marylebone, London
1. Lower Clapton, East London
In London, affordable real estate is nearly unheard of, yet a comparatively affordable apartment has just
Even though the flat is said to be one of the smallest in London, it is sold at auction for 80 percent more than the asking price despite being a little larger than a standard four-person tent.
Some time ago, property brokers at the auction named the 7-square-meter small flat in Lower Clapton, East London, an investor’s dream.
The home was marketed at 50,000 pounds, but the real estate agent anticipated that it would sell for double the asking amount when it went under the hammer, given that it had been purchased in 2017 for 103,500 pounds.
The basic residence is located on the bottom level of a Victorian terrace house that has been transformed into multiple apartments.
A single bed sits atop four shelves that double as a climbing frame, a small fridge, three drawers, and space for a microwave.
The main studio area includes a sink, shelf, and collapsible dining table, with a separate wet room with a toilet, sink, and shower for privacy.
The little apartment was advertised as having an exceptional location, within walking distance of trendy bars, cafes, eateries, and stores, and in close proximity to a number of overground stations.
Although it may be too small for most minimalists or tiny home lovers, a renter has rented the apartment for more than 800 pounds or over a thousand dollars, giving the new landlord an annual income of nearly 9,600 pounds.
It has been established that because of the size of the apartment, a buyer would not be eligible for a loan; however, the auctioneer believes this will attract investors, and the fact that the typical rental income in London is less than 5% is scarcely surprising.
The apartment exemplifies what experts say is a growing trend of micro-homes, fueled by rising rents and property values.
They claim that microflats are growing more popular and smaller given the increasing rates of rent and overpopulation.
This property has garnered a great deal of interest, primarily from buy-to-let investors who recognized its high return potential.
Moreover, the flat may be small, but it is highly functional, and with such a gap between the quantity of excellent rental properties and the number of possible tenants, homes like this don’t last long.
2. Marylebone, London
In the latest example of the mind-blowing world of London real estate, a studio apartment in Marylebone that lacks even a bed has sold for over 3295,000 pounds.
The sale of the 149-square-foot ground-floor flat in a Georgian structure was marketed by York Estates as an ideal apartment.
That’s a modest $1,890 per square meter if you are keeping track. The size of the flat is comparable to 4 king-sized beds or two parking areas.
The tiny flat was sold after only a few weeks on the market, which seems absurd.
According to research, the average price of a property in Marylebone is £1.5 million. Therefore, this apartment is reasonably affordable.
The minuscule dwelling features a tiny kitchen with a stove and sink, a shower, a small dining table for two, a sofa bed, and a television.
It acts as a temporary flat for work travels to London for the economical individual who purchased it.
This type of apartment is only ideal for persons who own two pairs of pants and a small bag if they intend to reside here permanently, which means it’s extremely small.
But given the increasing rates of rent, people don’t seem to hesitate before renting such small flats.
In fact, one in every fifteen London flats falls below the national minimum threshold of 37 square meters for a one-bedroom house.
The typical size of UK residences below the space requirement has recently fallen by one square meter to 29 square feet.
Although minimalist design is a trend in product design, it takes on an altogether new meaning for people who move to a large city in search of a minimalist apartment that they not only like but can also afford.