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Even the most effusive of estate agents would struggle to call this house attractive. It doesn’t have a lawn, a garage or even a driveway to redeem it, and the inside is best described as modest.

Yet the Sixties end-of-terrace property is under offer for almost £1 million. The secret? Its location, in sought-after Highgate Village.

The three-bedroom, two-storey house was listed for sale at £950,000 earlier this month. After a dozen viewings in less than a fortnight it is now under offer for the asking price.

The property, in Kingsley Place, is a far cry from the grand Georgian mansions for which Highgate is renowned.

But the buyer will be getting a freehold in an area where family homes can go for between £4 million and £10 million. Highgate was home to poet Samuel Taylor Coleridge and its current residents include Kate Moss, George Michael and Sting.

It is also where the largest private house in the capital — after Buckingham Palace — can be found. The property, Witanhurst, will be worth an estimated £300 million when an extension is completed.

Richard Evans, of Day Morris estate agents, the firm handling the sale, said: “Few properties in Highgate Village come on to the market and when they do they are highly sought after.

“The interest there’s been is not surprising considering it is a good-sized home with parking. Most buyers in Highgate are British whereas next door in Hampstead they tend to be foreign.”

But the property’s million-pound price tag has been met with derision online. Author Nick Tolhurst said: “This advert is absolutely insane.” Another Twitter user wrote: “London is like another country to me: seriously: when I see stuff like this I see how far removed from reality I am.”

Many commentators said it was proof of London’s overheated housing market. Prices rose by 11.6 per cent last year, with a similar rise predicted for this year.

As the Standard reported this week, many homeowners now make more from their houses than their jobs, fuelling fears of a housing bubble.