A househunter was shocked to discover the £500,000 London property she had turned up to view was not a three-storey townhouse, but the ‘shed’ next door.

Charlotte Moran shared a clip on TikTok after coming across the property, which was listed for £525,000, despite being just 545 sq ft and having been converted into a one bedroom, one bathroom unit.

In the clip, you can hear Charlotte pointing at the larger property, saying, ‘I’m looking at this. I thought, wow, look at that house.’

However, the ‘shed’ is attached to a large, three-storey property, leaving some social media users confused over which property was actually for sale.

Charlotte then realises her mistake, points at the tiny white building next to it, and said: ‘No, it’s the shed on the side for half a million pounds.’

Charlotte Moran was shocked when she discovered that the property she was viewing was not a three-storey townhouse but the shed next door

Winkworth estate agents who have listed the property are asking for offers in excess of £525,000

The small house has been converted into a one bedroom, one bathroom, one kitchen unit

However, some people have argued that it’s ‘pretty cheap for Hackney standards’ with one stating that ‘you’re paying for the potential’ of the property.

Listed by Winkworth estate agents, the newly refurbished home promises to be ‘functional and aesthetically pleasing’ as well as offering an ‘enchanting’ outdoor space with parking included.

A spokesperson for Winkworth said: ‘You wouldn’t get that type of house for £525,000.

‘Anyone who thinks that doesn’t necessarily know about property in my opinion.

‘If it was up to me it’d be slightly less but the potential to go up an extra story and make it into a nice two-story house with a garden.

‘It’s attached to another building so effectively you have to take the picture of the whole thing. It’s part of the freehold of that building. You have to show that as well because it is a conversion.

‘Considering that’s also part of the same [building] it will be all under the same freehold company you do have to show the building.

‘The main benefits are that it’s got a garden, it’s gated, it’s got its own driveway. It’s very close to Clapton station and has been recently refurbished.

The listing describes the property as a ‘functional and aesthetically pleasing’ home with a space for parking

The ‘shed’ is attached to a large, three-storey property, leaving some social media users confused over which property was actually for sale

Some people who have commented on Charlotte’s video have argued that the house is ‘cheap for Hackney standards’

The property boasts its own outdoor space that is ‘perfect for cooking, dining, and, unwinding’

‘It’s a very sought after area. It’s very central.

‘The potential justifies the price. To potentially go up and add an extra story.’

However, some househunters on social media were less convinced about the price.

One said: ‘Somebody needs to tell the estate agent, ‘that is a garage sir’.’

Another said: ‘Stop it. It’s a portacabin.’

One added: ‘You could literally buy a mansion up here in Scotland for that, it’s wild.’

Charlotte responded: ‘Honestly Hackney has gone mad.’