Tiny £1 million flat for sale: what do you get?

Updated
The lounge/dining room
The lounge/dining room

A £1 million property has hit the market in central London. The flat is just 461 square feet - which means it's smaller than the living room in most traditional houses. It somehow manages to squeeze in a bedroom, a lounge, a tiny kitchen, and a bathroom.

So how can this possibly be worth £1 million?
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