Has London gone insane or is this house really worth $1.1 million?

Upstairs, a makeshift curtain dangles by a string while an assortment of shelves and cupboards clutter the untidy space below.

Not quite what you’d expect from a $1.1 million (£650,000) property — but that’s the price sought by the overseas owners of a house in London that until recently was the domain of illegal squatters.

The three-bedroom home came on to the market in the Peckham area of the British capital last week and is described by estate agents as “spacious” and an “exciting opportunity” for potential buyers despite the obvious need for “modernization.”

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CNN