Tiny converted hut in the Lake District placed on the market for the same price as a flat in Kensington, London

Reports of beach huts on England’s south coast selling for over £200,000 ($306,000 or €275,000) are commonplace but now a tiny hut in the Lake District has just been placed on the market for the staggering figure of £495,000 ($756,000 or €680,000).

Britain's most expensive hut? Peasecroft, Silver Bank, Coniston, Cumbria, LA21 8HW
Could this be Britain’s most expensive hut? Peasecroft at Coniston in Cumbria is for sale for £495,000
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Described by selling agents Carter Jonas as “a luxurious converted coach house”, Peasecroft at Coniston in Cumbria is basically just a one room wooden hut with a slate roof. It is just 409 square foot in size and includes a sitting area with an open plan kitchen, a minute shower room and a raised mezzanine sleeping area.

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Priced at exactly the same level as a similarly sized 431 square foot studio flat in Point West in London’s Kensington, Peasecroft admittedly comes with 6.5 acres of “private and peaceful woodland, meadow, orchard and gardens” and enjoys “breathtaking views” across the village cricket pitch to Coniston lake and the fells beyond. It has certainly been renovated to a high standard and comes fully equipped but, at the end of the day, it is still nothing other than a glorified hut.

Britain's most expensive hut? Peasecroft, Silver Bank, Coniston, Cumbria, LA21 8HW
The ground floor of Peasecroft includes a sitting area, a kitchen and a small shower room.
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Britain's most expensive hut? Peasecroft, Silver Bank, Coniston, Cumbria, LA21 8HW
Above is what is described as a snug mezzanine sleeping area.
Britain's most expensive hut? Peasecroft, Silver Bank, Coniston, Cumbria, LA21 8HW
A floor plan of the 409 square foot property illustrates just how small it truly is.
Britain's most expensive hut? Peasecroft, Silver Bank, Coniston, Cumbria, LA21 8HW - This studio at 214 Point West Cromwell Road London SW7 is also on the market for £495,000 and is available through Winkworth
This studio at 214 Point West, Cromwell Road, London, SW7 is of a similar size and is also on the market for £495,000. It is available through Winkworth.
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Capable, according to Carter Jonas, of a turnover of £45,000 per annum ($69,000 or €62,000) and one of The Times’ “Top 50 holiday lets for 2015”, Peasecroft will undoubtedly become one of Britain’s most expensive “romantic boltholes” if it sells for its asking price; it’ll also be one of Britain’s most expensive sheds.

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