zupermaus
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Worlds most expensive property prices finally cooling: $400,000 is cheaper than cheap in London (about $150,000 below average small property price). Even though the prices have cooled it would buy you a one bed flat in a project, in the outskirts.
What rowhousing buys you in the endless suburbs (definitely not upmarket areas either), near 10 miles from the centre. Bear in mind last year these places would have been worth $60,000 more, after a decade of climbing price hikes. These are now seen as bargains: 3 bed rowhouse $850,000
4 bed rowhouse $900,000
5 bed semi-detached $1.7 million
However in central London, the prices go up staggeringly. Its the most expensive land in the world: 7ft 6 inch by 3ft 4 inch studio (with toilet under the shower under the bed), $210,000 -formerly a wardrobe and rented out at $290 a week.
6ft by 12ft sized room unfurnished, $345,000
single room studio in this rowhouse, $610,000
2 bedrooms, ex stables block in row (stoop to get in the door): $6 million
ex-office, needs total refurbishment and conversion (and windows?), end of row $6 million
5 bed rowhouse, $12 million
6 bed, end of row: $13.22 million
large end of row, unspecified bedrooms, $50 million
12 bed but possibility for up to 40, single rowhouse (every 5 windows along is a new house): $120 million
^These very rarely come on the market, one offer of $400 million was refused though it would have made it the most expensive property on the planet. 12 bed detached mansion (no rowhouse mate), $128 million
penthouse overlooking Hyde Park, $210 million (normal flat here $50-170 million)
^It is thought that each flat is fitted with bullet-resistant walls and windows. There is underground parking for 115 vehicles and private lifts direct to each residence The site will also have an underground passage to the near-by Mandarin Oriental hotel, where 36 staff will be on hand to cater to residents’ needs. Unbuilt conversion of an art deco office into 6 apartments, in St James' district, $240 million each, the most expensive property sold in the world: Here: http://property.timesonline.co.uk/to...icle3559490.ec Large upmarket districts include Chelsea , Kightsbridge, Holland Park, Clerkenwell, Kensington, St James', St John's Wood, Marylebone, Fitzrovia, Piccadilly, Mayfair, Bloomsbury, Notting Hill, Hampstead, Highgate, Richmond, Twickenham, Kew and Belgravia: Chelsea and Knightsbridge: