ladbible logo

To make sure you never miss out on your favourite NEW stories, we're happy to send you some reminders

Click 'OK' then 'Allow' to enable notifications

People Are Baffled By The £1.25 Million Price Tag On This London Home

People Are Baffled By The £1.25 Million Price Tag On This London Home

It's nice enough, but is it worth the whopping price tag?

Tom Wood

Tom Wood

This house is in South East London, and has been listed on Rightmove for 'offers over' £1.25 million.
A lot of people are shocked and baffled at such a huge price tag on a fairly normal looking house.
People baffled by £1.25 million price tag for a fairly normal-looking house in Sydenham, East London.
People baffled by £1.25 million price tag for a fairly normal-looking house in Sydenham, East London.
The living room
Sure, on the inside it's pretty well turned out, and stylishly decorated, but for £1.25 million that's the least you'd expect.
The living room
The living room
The office space
Rightmove describes the house as an 'elegantly presented mid-century modern four-bedroom townhouse with many original features'.
The office space
The office space
The back garden
And sure, the garden is nice, but a lot of people are pretty put off by the price tag placed on the property. I mean, for £1.25 million you'd want to be getting somewhere with a swimming pool, or a helicopter pad, or a private basketball court, not just a normal house in an admittedly lovely London suburb.
The back garden
The back garden
The master bedroom
The house has four bedrooms, a nice enough bathroom, and a large kitchen, but - again - that's the minimum requirement if you're gonna fork over more money than most people will ever see in their lifetime.
The master bedroom
The master bedroom
The bathroom
After it was shared on Twitter, one person commented: "I predict a mass exodus out of London. I think that the northern cities of Liverpool, Leeds, Manchester and Sheffield have a lot to offer in terms of standard of living/quality of life that most Londoners currently can't afford."
The bathroom
The bathroom
Another view of the garden
A second person added: "To be fair that's as leafy and rural feeling as that part of London gets. The houses there are massive and a lot of them have views across the whole of London. Still no excuse for any of London's house prices though, especially ones that look like them."
Another view of the garden
Another view of the garden
Another of the bedrooms
A third said: "Yeah, for that price it would have to cook the meals, wash the clothes, clean the house, generate income to pay the mortgage, detect any maintenance, design and decorate all the rooms, be off grid and do the MOT on a car as a bonus."
Another bedroom
Another bedroom
The dining area
However, some have defended the price, saying that - in this cursed world we live in - a property is only worth what someone will pay for it.
The dining area
The dining area
The hallway and stairs
One such defender said: "Houses, like any other commodities or assets, are worth whet people will pay for them. Whether it seems ludicrously expensive or surprisingly good value will only be decided by one thing: will someone buy it at that price?"
The hallway and stairs
The hallway and stairs
The kitchen
Well, one thing is for certain, whoever picks up this house better bring their chequebook. It might be nice, but at that price, it's certainly beyond what most people living in London - or anywhere for that matter - can reasonably expect to be able to afford.
The kitchen
The kitchen
Another outside view
We'll just have to wait and see whether Rightmove - and the seller - can manage to get that price for the property. Unfortunately, the smart money suggests that they will.
Another outside view
Another outside view
Featured Image Credit: Rightmove

Topics: UK News, Money, Weird