People Are Losing It Over This £750-A-Month 'Studio Apartment' In London

Anyone fancy paying £750 per month for the smallest studio apartment known to man?

That's the real price of a property which went on the market last year in London's Camden, and has since resurfaced on Twitter.

The flat, situated in the desirable Mornington Crescent, really is a sight to behold.

For the hefty price tag, you get all the basic amenities - the problem is they're all crammed so close together you can hardly move.

There's a shower next to an armchair, a bed above a washing machine and a toilet tucked in one corner.

Twitter)

There's bills on top of the £754 per month price tag too, of course.

Check out some more pictures of the property for yourself:

Twitter)

Twitter)

Zoopla)

Hey, at least it looks like it's pretty bright?

The picture was posted as a meme, alongside the caption: "No one: London:".

"The monthly cost of this "apartment" is more than the mortgage of my house...," one person wrote in reply.

Meanwhile, another penned: "This is what I pay for a 2 bed newly renovated house with a garden, within walking distance of the centre of Manchester".

"Redecorating wouldn't stop every piece of soft furnishings you buy from getting destroyed by proximity to the kitchen and shower.... and then getting incinerated in the inevitable house fire," someone quipped underneath.

Twitter

Twitter

Twitter

Meanwhile, a fellow Twitter user, who was resident to the area wasn't so surprised by the price tag, joking: "I live in Mornington Crescent. This is a STEAL..."

"This is a f*cking bargain in London," someone else agreed.

As another Twitter user agreed: "Yikes - you could pay that per month in the Docklands Travelodge. And they'd wash your sheets and towels for you too".

Depressing, but true.

Renting might look a little miserable for those in the Capital, but for those looking to buy, there might be light at the end of the tunnel.

Zoopla)

For one, the government has just launched a First Homes scheme, which offers "discounted houses for local people and key workers".

It launched on 4th June, and aims to "help local first-time buyers - many of whom will be key workers like NHS staff and veterans - onto the property ladder by offering homes at a discount of at least 30 per cent compared to the market price".

The government explains: "That same percentage will then be passed on with the sale of the property to future first-time buyers, meaning homes will always be sold below market value - benefitting local communities, key workers, and families for generations to come."

The Housing Secretary, Rt Hon Robert Jenrick MP, said: "Enabling more people to buy their own homes is at the heart of the mission of this government".

"First Homes will also support our fantastic key workers who are looking to get their first foot on the housing ladder - from front-line doctors and nurses to delivery drivers and supermarket staff - by giving many of them the chance to buy a home at a 30% discount."

You can find out more about the scheme here.

Topics: Life News, Funny, Life

Joanna Freedman

Joanna is a journalist at Tyla with a particular interest in highlighting women's issues and telling inspiring first person stories. She's also their resident foodie, and loves covering exciting new beauty launches, too. Contact her at [email protected].

@joannafreedman