Tiny home that 'looks like shed' has price slashed by £50k after 2 months on market

A tiny residence that has been likened to a backyard shed has had its value minimize by £50,000 because it has nonetheless not bought.

The one-bedroom property has been in the marketplace for 2 months however the homeowners can't discover a purchaser.

Regardless of being small, all corners of the property, which is situated simply moments away from Victoria Park in London, have been used as much as maximise house.

The house was initially listed at £429,950 and is now £380,000, The Mirror reviews.

It's described by Foxtons on Zoopla as: “An incredible one-bedroom flat boasting brilliant and up to date lodging all through and a quiet location moments from Victoria Park.

The one-bedroom property is moments away from trendy Victoria Park in London
The one-bedroom property is moments away from fashionable Victoria Park in London (Picture: The Mirror)

"The property is located moments from a variety of outlets and facilities that may be discovered on the Victoria Park Village in Hackney whereas the inexperienced expanses of Victoria Park are solely a brief distance away.”

When it was first placed on to the market, there was outrage from Londoners about how a lot the home price.

It was labelled “absurd” and “full insanity” that the “backyard shed” was on sale for such a excessive value. It now appears this opinion is shared by any potential consumers because the property is but to be snapped up.

The property has been labelled “absurd” and “complete madness” and has been likened to a “garden shed”
The property has been labelled “absurd” and “full insanity” and has been likened to a “backyard shed” (Picture: The Mirror)

The house was listed for £429,950 in January and boasts an open-plan kitchen and reception, with a toilet on the bottom ground and a bed room on the raised first ground.

Each inch of house on this pint-sized residence has been used thoughtfully, with trendy cabinets, seamless worktops and a mattress that matches snugly into the property’s design.

Every inch of space in this pint-sized home has been used thoughtfully
Each inch of house on this pint-sized residence has been used thoughtfully (Picture: The Mirror)

It's gray in color and adorned with backyard vegetation. It may have been taken out of an Ikea retailer and is perhaps a bit smaller than a typical showroom within the Swedish homeware store.

Regardless of the plain lack of house, its location is commonly wanted.

The areas surrounding Victoria Park are thought of extremely fascinating for owners, with plenty of colleges close by (though becoming a baby into this home could also be a push) and plenty of impartial outlets, pubs and eating places.

The truth is, in 2020 Victoria Park was named as among the finest locations to stay in London by The Instances.

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