A one-bedroom flat in London has been listed for £1.75 million, far exceeding the average London flat price of £500,867, but online commenters have focused on its uninspiring interior.
Premium location, bland interior
The Grade I-listed property, designed by architect John Nash, is located on the edge of Regent's Park and marketed by Coopers as a 'home rich in architectural pedigree and royal provenance.' It includes a private entrance and five car parking spaces.
On the Reddit thread r/SpottedonRightmove, users described the interior as 'a sea of landlord white and millennial grey, seriously giving IKEA showroom.' Redditor @CypherGreen said: 'What gets me more isn't the price or one bedroom alone. It's the fact for that price, in that area, in that building, you would expect and hope for more than the most boring grey, white and black clinical boredom.'
Costs beyond the purchase price
The leasehold details show an annual ground rent of £1,100 and a service charge of £14,000. Andy Morrison, director of UK Property Development, told Metro the asking price is 'some 73% higher than the average asking price across the NW1 postcode.' He added that the flat is 'far from an ordinary one-bed,' noting that 'Cumberland Terrace is one of the great John Nash terraces surrounding Regent's Park and its Grade I-listed status reflects just how architecturally significant it is.'
Broader market struggles
Louisa Conlon, a 39-year-old healthcare IT worker, has been trying to sell her one-bedroom flat in Woolwich since January 2025, reducing the price three times. She told Metro: 'We want to upsize, and move outside London to have a little bit more green space. But there seems to be a huge supply of one-beds, particularly in southeast London.'
A 2026 study from property data firm Bricks & Logic found nearly half of the small flats on the market in London are selling for less than they were bought for, a figure stretching back as far as 20 years in some cases. The data found the typical price of a flat in the capital has fallen by 6.2% over the last year, approximately £35,000 on average.
