Sad little flat in London costs £200k - here is what it buys in Leeds

This 'studio flat' comes with a whopping 7.34 square metres of living space and a toilet in a cupboard.

You can cook from the comfort of your single bed which is sandwiched between the wall and the hotplates.

You can even watch TV while you have a wash because it's practically next to the shower cubicle.

It's on the market for £200,000 – but it is London after all.

The flat requires 'modernisation throughout' and looking at the photos it's hard to disagree. But according to its listing, the 'flat' represents a 'wonderful opportunity' to acquire a 'bolthole' in central London.

And that's the point – it's in central London. Location, location, location. That could be a good name for a property show.

So this minuscule flat epitomises how insane the London property market has become.

But let's not leave on such a depressing note.

Not everyone wants to live in London and if you don't, £200,000 goes a long way.

We've picked a few top properties in Leeds city centre (ish) for the same price.

Wellington Street, LS1

This generously sized flat in Leeds city centre is on sale for just over £200k (Martin&Co)

This third floor flat on Wellington Street in the city centre comes with two en-suite bedrooms (one with a proper bath) and a generously sized living and dining room plus a balcony.

The apartment, which is five minutes' walk from Leeds Station, is on the market for a smidgen over £200,000.

Merchants Quay, LS9

Flat for sale at Merchants Quay, Leeds city centre (Purple Bricks)

This modern but homely apartment comes with two reasonably sized bedrooms, a decent sized living room, a cosy, tucked away kitchen and a balcony.

It's not the quietest location but you're on the third floor and it's double glazed. You're also next to the attractive Aire waterside so it's a pretty good deal for a fraction above £200,000.

Armouries Way, LS10

Apartment for sale, Armouries Way, Leeds (Martin&Co)

We like a good water view and this quarter-circle shaped flat has views of Leeds Docks.

For £195,000 you also get two double bedrooms, a dual aspect living room and a balcony.

Langtons Wharf

Flat for sale, Langtons Wharf, The Calls, Leeds (EweMove)

Another riverside flat with plenty of character, this two-bedroom property overlooks the smart, cobbled Calls and Leeds Minster.

For £190,000 you also get a new kitchen and bathroom.