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Home » London studio flat sells for £52k – but there’s a big catch
Lifestyle

London studio flat sells for £52k – but there’s a big catch

By staff16 August 2025No Comments2 Mins Read

A ‘compact’ flat overlooking Cumberland Street in Pimlico, London, sold for a fraction of the price of many city properties

Houses and buildings on a residential street in Pimlico, London
The flat is set in stylish Pimlico where properties can sell for millions(Image: Peter Carruthers via Getty Images)

A London property that was previously on the market for a bargain £70,000 ended up selling at auction for just £52,000. Set in the coveted Pimlico area on Cumberland Street, the studio is inside a striking white building – but there’s a major snag.

At just nine square metres, the cramped quarters offer decidedly tight living arrangements. The floor plan measurements of 2.06m x 3.25m reveal it’s actually more confined than the Underground carriages at nearby Pimlico station.

Just two images were included in the property advert. They show a main room filled with a cushioned seating section, storage units and a wall-mounted TV.

Outside the flat
The property is stunning from the outside(Image: Jam Press/Auction House London)

A few steps lead to a minuscule kitchen space with a sink and cupboards, although it remains uncertain if there’s a cooker or hob included. One bedroom and a fitted shower are also listed but aren’t pictured.

The ‘flat’ sits on the ground floor of a five-storey terraced property, as reported by Luxury Property News. The listing, handled by Auction House London, originally said: “The property is situated in the highly sought out area of Westminster.

“The open spaces of Warwick Square are within easy reach. Transport links are provided by Pimlico underground station (Victoria line) and Victoria rail station.”

Inside the flat
Inside the nine-square-metre flat in Central London(Image: Jam Press/Auction House London)

The listing has since been updated to confirm the property sold for £52,000. However, there’s another major hurdle.

It emerges the property lacks planning permission for residential use. Consequently, potential buyers might not have the chance to make significant changes to the property.

‘We live in an ordinary terraced house that looks like a royal palace inside — we decorated it ourselves’

Rundown three-bed house covered in vegetation on sale in Wales for £450,000

The listing further states: “We understand that the property does not currently have planning permission for residential use.

“Please refer to the legal pack for further information. Buyers should rely on their own enquiries.”

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