UK

This Ridiculously Tiny Mayfair Studio Is On Sale For £1 Million

07/08/2014 16:32 BST | Updated 07/08/2014 16:59 BST

Despite reports that the UK property market's ever-soaring prices were calming down, London continues to amaze as a tiny studio flat has come on sale for just £1 million.

This 321 sq ft bedsit will set you back £999,999 to be exact, equivalent to £3,115 per sq ft, and is marketed by Foxton's estate agent. The flat's absurdly huge price tag comes from its location, as it is on Upper Brook Street, Mayfair, near London's Hyde Park and Bond Street.

Set on the fourth floor of a stone maison block, here is all you need to know about Mayfair's most expensive studio flat.

£1m 1 bedroom flat in Mayfair, London