This former council house in London is on the market for £3,500,000

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It's deceptively modest.

Can you picture yourself living here? This unassuming home may have a deceptively modest exterior, but it’s price tag is pretty eye-watering at a cool £3.5 million. The reason behind such a huge asking price for the four-bedroom semi-detached in North London, is said to be down to £1,400,000 that current owner, Lukov Nikolov, spent giving the former council house a fancy makeover.

Most of the sales in the area were flats, which sold for an average price of £633,512. Meanwhile, terraced properties sold for an average of £1,659,972, with semi-detached properties taking in £3,873,333. Prices in the area have increased 9% in the past year. Londoners are moving to sleepy seaside town nicknamed ‘God’s waiting room’ If you’ve been priced out of London, perhaps it’s time to start looking at a location with an unfortunate nickname.

 

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