Most Expensive One-Bedroom Flat: �3 million!

This is the most Most Expensive One-Bedroom Flat ever to go on sale in the capital. London�s Belgravia has effectively become �detached� from the rest of Britain�s housing market because of the influx of foreign capital and massive City bonuses. The Eaton Place home, which at 1,400 square feet has the floor area of an average four-bedroom flat elsewhere, has a 125-year lease.

The property has a large drawing room, a bedroom with an en suite bathroom, a separate lavatory and a goodsized kitchen. The property is one of dozens of onebedroom flats on sale at more than �1 million - a graphic illustration of London�s soaring property prices.



Latest figures show that the London property market went up in value by an average 2.3 per cent last month alone. That rise took prices in the capital up 15.6 per cent year-on-year.

Interest rates have already risen to 5.5 per cent in an attempt to cool the market and are thought likely to go up again to 5.75 per cent within months. Eaton Place, in Belgravia, is home to City bankers, retired ambassadors and a range of famous faces. Elizabeth Hurley owns a �5 million house in the street and David Blunkett�s home is within walking distance.



At more than 1,200 sq ft, it is the size of a typical four-bedroom flat in a London suburb. It has a large drawing room, the bedroom with ensuite bathroom, a separate lavatory, and a good-sized kitchen.

If you buy this property, don�t be surprised when you see Roman Abramovich, Roger Moore and the Duke of Westminster. They will be your neighbourhood!