Dungeon Digs or Dream Abode? London Basement Sparks Online Debate
London’s housing market throws another curveball with a one-of-a-kind property: a £155,000 basement “studio” with exposed brickwork and, yes, just one toilet.
While estate agents tout it as a bargain with conversion potential, social media users are less convinced, deeming it more “dungeon” than dream home.
Dungeon Chic at a Discount:
Located one mile from Turnpike Lane Station and six miles from central London, this Crouch End basement offers a “unique chance” for homeowners and investors, according to the listing.
The catch? It’s essentially a bare-bones space begging for a major overhaul.
Transform or Tread Lightly:
With a 125-year lease, the possibilities are endless, as long as you secure the necessary approvals for converting it into a self-contained flat.
But be warned, this is definitely a DIY project for the brave or budget-conscious.
Social Media Scoffs at “Bargain”:
Twitter went wild with the listing, with users expressing amusement and skepticism.
“My absolute dream is to be an owner of a dungeon with a single toilet for just £155,000,” joked one user.
Another compared it to a level from the video game “Manhunt.”
Location Perks Offer Potential:
Despite the dungeon vibes, the location has its advantages.
Other flats in the area average around half a million pounds, and nearby stations offer access to the coast and central London.
Additionally, schools and a nursery are within walking distance.
Dungeon or Diamond in the Rough?
Whether you see a quirky opportunity or a claustrophobic nightmare, this London basement has certainly sparked a conversation.
Is it a steal for the adventurous soul or a property best left in the shadows? The answer, like any renovation project, depends on your vision and risk tolerance.
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