Inside the 2-bed Belgravia flat in 'London's most expensive square' that's on sale for just £90,000

Auction House London

A two-bedroom flat located in the highly sought-after Eaton Square, Belgravia — recently named the most expensive place to buy a property in Britain — is on sale for just £90,000.

Auction House London will accept offers for the property on June 2 2017, with a guide price of £90,000, unless sold prior, it said.

However, the property's 20-year leasehold will expire in just over a year in June 2018. According to the listing, an extension of the leasehold for up to 20 years would cost an estimated £900,000.

Charles Thomas, an associate at Auction House London, told Business Insider that the price has "caused quite a stir in the market," adding "we have had buyers from all over the world enquiring on this property."

Despite its short leasehold, the property can still be considered a bargain. According to the BBC, Lloyds Bank data shows that properties located on the famous Eaton Square fetch an average price of £17 million, making it the most expensive street in London.

Located on the fourth floor of a Grade II Listed stucco fronted apartment building arranged over lower ground, ground and three upper floors, the "well-presented" South West London property has two bathrooms, a reception room, and a kitchen. It also benefits from a porter service and access to communal gardens and tennis courts.

Below, you can see the bright and airy lounge, which features an original fireplace and two large windows overlooking the square.

Auction House London

And one of the two bedrooms.

Auction House London

The kitchen is below.

Auction House London

The flat is served by the nearby Victoria station, and is also close to local shops and amenities.

Last summer, Business Insider found that Eaton Square was also home to the most expensive house on the London property market.

The 10,516 square-foot townhouse spread over four floors, which features a passenger lift for easy access between the house's seven bedrooms, six bathrooms, and three reception rooms, was listed at £55 million by property agent Knight Frank.

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