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February 26, 2024
PI Global Investments
Property

Basement ‘studio’ with exposed brickwork and a single toilet goes up for sale


  • The home is situated one mile from Turnpike Lane Underground Station



A basement ‘studio’ in London with exposed brickwork and a single toilet has goes on the market for just £155,000 – with the estate agents claiming it is a bargain

Described as a ‘dungeon’ by shocked users online, the studio based in Crouch End could be converted into a self-contained flat, but this is ‘subject to obtaining necessary consents’.

Should you get the work approved though, then there’s plenty of time for you to turn things around – with a whopping 125 years left on the leasehold.

Meaning you can completely transform the property into your dream abode, as long as you’re willing to put the work in.

‘Opportunity to convert the basement into a self-contained flat, this property offers a unique chance for both homeowners and investors,’ the listing reads.

A basement ‘studio’ in London with exposed brickwork and a single toilet has goes on the market for just £155,000 – with the estate agents claiming it is a bargain
Described as a ‘dungeon’ by shocked users online, the studio based in Crouch End could be converted into a self-contained flat, but this is ‘subject to obtaining necessary consents’
Social media users have been left a tad perplexed by the home

Social media users have been left a tad perplexed by the home.

‘My absolute dream is to be an owner of a dungeon with a single toilet for just £155,000,’ said Lucia.

‘Looks like a level on the video game Manhunt,’ said Thomas, with Lucia replying ‘The audacity to say one bath as well*’

The basement home is situated one mile from Turnpike Lane Underground Station, and six miles from central London.

Other flats in the same area average around half a million pounds. 

Should you get the work approved though, then there’s plenty of time for you to turn things around – with a whopping 125 years left on the leasehold
Meaning you can completely transform the property into your dream abode, as long as you’re willing to put the work in
‘Opportunity to convert the basement into a self-contained flat, this property offers a unique chance for both homeowners and investors,’ the listing reads
The basement home is situated one mile from Turnpike Lane Underground Station, and six miles from central London

The closest train station is Hornsey and Crouch Hill – which offers services to the Sussex coast, getting you to Brighton in just over an hour and a half.

Nearby, you can also find a nursery school and junior school.



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