People that prefer living amongst the hustle and bustle of city life are just $h!7 out of luck… it costs A LOT more money to live in big cities like London, San Francisco, or New York than it does to live in the suburbs or more rural areas. It all boils down to supply and demand. Hence why Molly’s Ledge, a Grade II listed castle on 0.61-acres outside the village of Long Compton in Warwickshire, is listed for less money than the average flat in London.
Once upon a time, in the 1830s to be exact, famous British architect Edward Blore built the castle as a gatehouse for the Weston Park Estate. Blore is the same man responsible for extending Buckingham Palace under direction from Queen Victoria, as well as restoring Lambeth Place.
The castle is move-in ready and fully functional with 1 bedroom, 2 reception areas, one bathroom, kitchen, home office, a self-contained one bedroom annexe, and a garage.
The seller is entertaining offers in the neighborhood of $686,450 (£550). Meanwhile, the average price for a flat in London is $806,185 (£645,982)—and more than likely, at that price, it doesn’t come with a balcony!