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Million Dollar
Homes
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Greetings and welcome to the London real estate market! A humble semi-detached residence in the capital is being listed for sale at a staggering price of £3.5 million, causing a frenzy on social media due to the perceived exorbitant cost.
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The contemporary residence, located in the verdant neighborhood of Canonbury in Islington, encompasses a generous 3650 square feet of living space and spans four levels, including a dedicated movie room.
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Home buyers may acquire a spacious six bedroom home in Durham or a grand 13 bedroom mansion resembling a castle in rural Scotland for significantly less than the cost of a London residence.
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The prices of properties in London continue to be higher than in other parts of the UK due to a lack of supply that is unable to meet the demand in the city. Additionally, the availability of land in London is more limited compared to rural areas of Britain.