A FLAT half the size of a squash court has gone on sale in the heart of Edinburgh with a price tag of £195,000.
The tiny, open plan property – barely two minutes’ brisk walk from Edinburgh Castle – costs the equivalent of £6,190 for each one of its 31.5 square metres.
The top floor Victorian flat’s price is “offers over” and the sellers expect it to fetch at least £210,000.
The bijou bolthole comes with a “bright open-plan lounge and kitchen”, which has a only one cupboard that is perfect for hanging clothes and storing shoes.
The inside hall leads to a “double” bedroom that comes with a makeshift ladder to help the owner into the elevated bed, which has a chest of drawers beneath.
In front of the bedroom is an area that has been described by the sellers as “sitting area” that has a wood burning stove and only a wooden and wall to admire.
The lounge and kitchen is neatly tucked away with only about two feet separating the table.
On the other side of the wall is the shower room that is fully tiled with a mounted hand basin and toilet.
Sellers VMH Solicitors wrote: “This top-floor Victorian flat presents a rare opportunity to acquire a unique home in an unrivalled location, just minutes from Edinburgh Castle.
“The flat enjoys a quiet position to the rear of the building and is filled with natural light from a south-facing aspect and two large skylights.
“The authentic décor culminates in an enchanting period home; this, along with its desirable city location, will appeal to city professionals, buy-to-let investors or those seeking a pied-à-terre.”
The flat, in Upper Bow, is in the same building that made headlines last year when it emerged the main door features 11 key safes for AirBnB users.
Other flats in Upper Bow are priced at £1,100 a month for short-term lets and
£800 per week for the festival period and holidays.
For the money, a home hunter could get a five bedroom detached house with two bathrooms for £180,000 in Cumnock, East Ayrshire.
There is also the option of buying a two bedroom flat in the south side of Glasgow for £180,000.
However, if you fancy staying in Edinburgh and are looking for a house there is a three bedroom terraced house for sale on Frogston Road East, in Gilmerton Edinburgh at £199,200.
In the London area, however, buyers with that sort of money have little option but a river barge with two large double bedrooms currently on sale at River Brent Moorings, near Kew Gardens, for offers over £180,000.
The tiny flat is considerably more expensive, per square metre, than the average property price in London.
The offers over price equates to £6,190 per square metre, £1190 more expensive than the average for London.
The Edinburgh flat is almost four times more expensive, based its size, than the average north of the border.
According to the figures from the Bank of Scotland, published last August, the average for Scotland was £1,600 per square metre and £2,700 for Edinburgh.
