A one-bed flat in Chelsea or an 8-bed Georgian mansion in Scotland: What £1m will buy you in London compared to the rest of the UK

A one-bed flat in Chelsea or an 8-bed Georgian mansion in Scotland: What £1m will buy you in London compared to the rest of the UK

07 July, 2017

Despite slowing house price growth in the nation's capital, the average price of a home in London is a whopping £478,142, according to recent data from Nationwide. And while we all know that house prices in London are sky high, seeing what £1m will buy you in the capital compared to other locations across the UK can leave you feeling a little aggrieved. For example, you could buy a pokey one-bedroom flat in Marylebone for the same price as an eight-bedroom Georgian mansion just outside of Edinburgh. Below, we take a wider look at what £1m will buy you in the capital city, compared to what you could get in other parts of the UK, including Edinburgh, Manchester, Birmingham, Newcastle and Bristol, using current live listings on property site Rightmove.


This one-bedroom flat in Marylebone is situated in an undeniably enviable location, but homeowners will have to massively compromise on space. Covering 65.1 square meters, there is just one bedroom, one reception room, a kitchen, and one bathroom. The property carries a price tag of £995,000.
Alternatively, this one-bedroom apartment in Drayton Gardens, Chelsea, offers one reception room, one bedroom, a kitchen and a small bathroom, spread over a total of 64.2 square meters. Again, the location is superb, with Hyde Park, the Natural History and V&A museums just a stone's throw away, but the flat seems to be in need of modernisation - an expense that will come on top of the £995,000 asking price.


This five-bedroom property in Edinburgh carries an asking price of £925,000 and consists of two floors with a large first floor balcony overlooking the Pentland Hills.
The property includes a sitting room, dining room, family room, study, kitchen/breakfast room, utility room, dressing room, garage and five bedrooms, two with en-suites.
Just outside of Edinburgh is this B Listed 8-bedroom Georgian mansion, which is set within five acres of land and only 15 minutes from Edinburgh airport. For £975,000, buyers will get a drawing room, sitting room, master bedroom with dressing room and en suite bathroom, six further bedrooms with en suites, study, kitchen/breakfast room, dining room, utility room, pantry, and a large double garage.


This modern, three-bedroom apartment in St John's Quarter is on the market for £900,000, and offers two private terraces and a large, open-plan kitchen/dining/living area. The flat features a modern design with exposed brick and floor-to-ceiling windows.


This brand new converted three-bedroom townhouse is situated in the desirable St Paul's Square and is on the market for £960,000. The apartment has been spread over three floors and comprises of a large open plan kitchen/living area, drawing room and three en-suite bathrooms, over a total of 147 square meters. It also offers two private parking spaces.


This six-bedroom property in Jesmond has an asking price of £995,000 and consists of a drawing room, dining room, kitchen, family room, conservatory, utility room, garage, six bedrooms and even a gym, spread out over 353 square meters.


Technically priced at a little more than £1m, this three-bedroom bungalow in Portbury is a show-stopper.
Designed by an architect, the property was the winner of the 1995 RIBA Regional Award and features a 12 metre swimming pool, a barrel vaulted gallery, open-plan living area, three/four bedrooms, a kitchen/breakfast room and utility room. It also has a garage and wine store, herb garden and summer house, and is on the market for £1.2m.