Asked why anyone would bid on thin air, auctioneer Phillip Arnold explained that it was an affordable way to get a foothold in the neighbourhood - where the average flat sells for over £600,000.
Even Versace can t lure home buyers to Damac s London tower finans.dk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finans.dk Daily Mail and Mail on Sunday newspapers.
Rightmove listings have revealed a string of listings in Battersea Power Station (pictured) and Nine Elms have been reduced in price in recent weeks, properties worth millions advertised online showed.
The UK property market looked to have been turned upside-down as people abandoned city flats to work from more spacious homes in the country, while offices and shops remained shut. But as it turned out, the change was less dramatic. Max King explains.