When you see inside this teeny-tiny apartment, you're not going to believe it was ever in a bidding war from dozens of buyers. CNNMoney's Richard Quest visited the London apartment to see what all the fuss was about. This is no foldable apartment either
The original price of the apartment was set at $145,000, but after 100 people viewed it, the price quickly shot up. The highest bid has reached $280,000, but investors expect that it may reach $500,000. So why is everyone dying to get a piece of this very small pie? The location is in central London near the famed Harrods department store. The store was founded in 1834 and holds a great deal of history and meaning to Londoners. While there is clearly a market for the place, some are cringing at the thought. "I don't care where it is located. It is not worth that price. It should be illegal to even try and sell it as an apartment," one commenter said. "The toilet shower is a slap in the face," said another. Would you ever pay this much for such a small place? Let us know in the comments and please SHARE on Facebook!
