Overview

• The former janitor’s cupboard went on the market with a £230,000 guide price and is now under offer through Purplebricks.
• Tenant Cesar Mendez, who has occupied the 11.7-sqm unit since 2021, hopes to remain after the sale.
• Mendez pays about £1,400 a month for rent and bills in a space that merges bedroom, lounge and kitchen and lacks a washing machine.
• Its location five minutes from Hyde Park and a short cycle to Mayfair highlights the premium value placed on central London addresses.
• Local agents say the quick offer reflects growing investor demand for micro-homes as low-cost access to elite postcodes.