One-bedroom extension for sale at €245,000

REMEMBER the Kensington Broom Cupboard? Meet its Cork counterpart, a one-bedroom extension being sold for €245,000.

Back in the mid-1990s at the height of a short-lived property boom, a 6’ by 8’ store room sold for £100,000 (€145,000) in London and marked the beginning of negative equity in the market.

It was in Kensington, one of the best residential areas in London, but it wasn’t big enough for a bed and had no connection whatsoever to Boris Becker, whose liaison with a Russian model in the cupboard of a London restaurant hastened the end of his marriage.