Property for sale: Why is this central London four bed house on Zoopla for just £50,000?

A property for sale on Zoopla has shocked many due to its low price.

The beautiful property has four bedrooms and three bathrooms, and is the dream for many London dwellers.

Offering a rooftop terrace with spectacular views and easy access to Canary Wharf, it seems too good to be true.

Spanning over 1,780 square feet, the property has two reception rooms and comes with the freehold.

It also has parking and access to tennis courts.

Buyers do not need a mortgage, only £50,000 deposit.

So why is this luxury property so cheap?

Sellers Property Exchange Estate Agents said of the property: “An amazing purchase opportunity in the heart of London.

“Owner will finance with just £50,000 deposit, then £795 per week.

“Purchase price £1,399,995. Ideal for self employed, new to the UK, un-established or slightly adverse credit record.”

It adds: “This newly refurbished property set over three floors, offers a superb and entertaining space, perfect for modern family living.

“A large roof terrace with fantastic views of Canary Wharf and Pearson’s Park, garden space, use of tennis courts and dedicated underground parking.”

According to Zoopla the average property in the area goes for £740,715.

The home is being sold under a part buy part rent system also known as shared ownership.

These schemes can help those struggling to get on the property ladder, especially solo buyers.

One property for sale is hiding and huge secret. 

The photos have been posted on the Twitter account for the US billiards table creators, Blatt Billiards, via the handle @BlattBilliards.

The space seems like a typical modern kitchen – however another photograph reveals the huge secret.

So what is the unusual aspect of this room?

In actual fact, the dining table doubles as a billiards table – meaning the owner has their very own kitchen-come-games room.