24 m2 ... Too small?

useless

but is this London? may be different market view depending on where it is....

jaqui59

useless wrote: »

but is this London? may be different market view depending on where it is....

No, not in London, in a town in Hertfordshire.

kingstreet

If a mortgage is required, be careful of lender requirements. We had a thread last week about Leeds BS being unwilling to lend on less than 60m2.

Tancred

jaqui59 wrote: »

My daughter is looking at purchasing a small flat which is only 24 m2. Does anyone think this is too small for comfortable living? It would be just herself and her boyfriend living there.

Im worried she is making a bad decision.

Sounds like a studio flat. It's very small but a young single person could live in it. Two people? Nope.

I agree with 50 sq m as being the minimum for two people.

Moonraker71

According to this you can't get a mortgage with NatWest for properties that are less than 30m square. Perhaps other lenders are similarly strict.

http://intermediary.natwest.com/home-options.asp?page=HOME/LENDING-CRITERIA/UNUSUAL-PROPERTIES

Tancred

somethingcorporate wrote: »

We looked at a flat when we were first looking for a place that was about 40 sq mt. It had one bedroom that the (standard double) bed touched on 3 walls.

You would be on top of each other all the time, I couldn't live like that.

We found a cheaper area and put up with a commute for a 100 sq mt flat, plenty of room for 2 and much nicer.

100 sq m for a flat is very spacious - a good find. You could get up to 4 bedrooms for that space.

SailorSam

Channel 4 did a series of programmes about living in small places.

http://scrapbook.channel4.com/programmes/george-clarkes-amazing-spaces

The one where the girl converted an underground loo in London was good.

fionajbanana

tim123456789 wrote: »

Such properties are next to impossible to sell on when the market is slow.

I think it's a very bad decision to buy something so small to live in. Try renting one first to see what it's like, but even then, it's a bad idea

A lot of mortgage providers refuse to give mortgages for properties under 30m2.

A colleague just bought a studio flat which was 29m2 which was a repo, doing it up and renting it out to a friend.

[Deleted User]

Simple question really: is she looking for a home, or a place to sleep? If she's looking to spend time in her flat and make it into a home, something very small is unsuitable and will drive her over the edge in no time. If she's just looking for somewhere to sleep after work and between partying it won't be a problem, because her flat will be functioning as a self service hotel room.

moneyistooshorttomention

In a bedroom that size the very basic question arises about where on earth it would be possible to even keep one persons clothes.

I would say that flatlet is designed for one person and, even then, assumes they will have a single bed (in order to leave space for 1 wardrobe and 1 chest of drawers).

The thing is though that, these days, even single people expect to have a double bed.

That flat would only do for one person, living a 1950s lifestyle (ie single bed, fridge rather than fridge-freezer, going to the laundrette to do their washing, etc).