Cupboard on sale in London's Brentford Dock Estate for £7,500
The advert comes after a garage was put on the market for £500,000
A cupboard has been put on the market for £7,500, in another baffling example of London’s housing crisis.
The cupboard, located in Brentford Dock housing estate overlooking the Thames, measures five foot by 12 foot.
The estate agent selling the flat estimated that around 200 of the 640 properties in the south west London estate have cupboards.
As the closets are arranged on the estate itself, only residents can bid for a plot - meaning neighbours can opt to make a fast buck off each other.
An online advert for the closet boasts that it is both lockable and under cover, and is "perfect for push-chairs or pieces of furniture."
A cupboard on sale for £7,500 in London
Julia Quilliam, of Quilliam Property Services, told The Independent that it had sold other cupboards in the same complex in the past, and it expects this one to sell quickly.
“We’ve sold a lot of the cupboards, not sold this one yet, but it’ll go quickly
“The thing is these days people perhaps need to realise some capital so they sell off their garages and parking spaces.
“It’s a good sized cupboard. If you’ve got a flat space is difficult. For people who have got a spare £7,000, they think "hey let's get rid of all that junk. Put it in the cupboard!”
The entrance into Brentford Dock housing estate in south west London
She added that in comparison with using a self-storage company, the cupboard was a good investment.
But Ms Quilliam disagreed that the price was a symptom of the worrying property climate in the capital.
The sale comes after a garage in central London was put on the market for an eye-watering £500,00.
Amid the worrying trend, a report by the housing charity Shelter last months warned there are only 86 affordable properties for local families with children in the whole of London.
Life & Style blogs
9 reasons Greece's experiment with the radical left is doomed to failure
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
King Abdullah dead: We can't afford not to hold Saudi Arabia's royals to account
- 1 Venezuela Expo Tattoo 2015: Extreme body art from 'Vampire Woman' to 109mm earlobes
- 2 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 3 Ball pool for adults opens in London
- 4 Game of Thrones season 5 trailer: The first full-length look is here
- 5 Rashida Jones speaks out against male-centric porn saying 'women should have sex and feel good about it'
Excellent Package: Austen Lloyd: CITY - HIGHEST QUALITY INTERNATIONAL FIRM - A...
Excellent Package: Austen Lloyd: CITY - EXCELLENT FIRM - We have an outstandin...
Excellent Package: Austen Lloyd: IN-HOUSE - NATIONAL CHARITY - An exciting and...
Excellent Salary: Austen Lloyd: EXETER - A great new opportunity with real pot...