Those struggling to get onto the London property ladder can now live in a shipping container in Stratford that has gone on the market for £75,000.
The tiny freehold property, which describes itself as a ‘testament to luxurious living’, promises to be a tight squeeze for any new homeowners.
A double bed takes up the width of the studio in photos shared by estate agents, with a beside lamp encroaching on the pillows due to a lack of space.
The tiny home can also fit a sofa and has a cooking area. There is also a bathroom squeezed into the container, whose estate agents promise will provide ‘an unparalleled living experience.’
The Pudding Mill Lane property in Stratford, east London, which is just yards away from West Ham’s London Stadium, has been termed as a ‘rejuvenating atmosphere that enhances your well-being.’
The tiny shipping container is a stone’s throw away from West Ham’s London Stadium
It is described by agents as having ‘customizable interiors that cater to your unique desires’
It is also advertised as having good transport links with both Pudding Mill Lane Docklands Light Railway and Bow Road Underground stations within walking distance. It is being listed with estate agents iad UK on Rightmove.
While the container is cheap, it is likely not what most Londoners are looking for.
Research released in early September by Halifax showed that the average deposit for those buying their first home in London was an eye-watering £125,378.
Estate agency Hamptons suggested that young Londoners earning an average wage would have to move 25 miles outside the capital to afford a home.
The property description for the Stratford container reads: ‘Introducing the pinnacle of sustainable living: our low-energy, ESG-compliant 40HQ container house.
‘Utilizing live data and cutting-edge technology, this extraordinary home surpasses government building regulations and exceeds future home standards, delivering an unparalleled living experience.
‘Harnessing the power of live energy data, our container house takes environmental consciousness to new heights.
The home can fit a sofa, has a cooking area, and a bathroom squeezed in
‘Say goodbye to stuffy rooms and hello to a rejuvenating atmosphere that enhances your well-being,’ the description for the shipping container reads
‘Stay connected and informed as real-time data on energy consumption, air quality, humidity, and temperature are seamlessly integrated into your daily life.
‘Empowered by this knowledge, you can effortlessly make informed decisions and take control of your environmental impact.
‘At the heart of our container house lies world-leading ventilation technology.
‘Embrace a breath of fresh air as the system intelligently circulates and filters, ensuring optimal air quality for you and your loved ones.
‘Say goodbye to stuffy rooms and hello to a rejuvenating atmosphere that enhances your well-being.’