A phone box which has been put up for sale for £10,000 may finally be a sign of affordable homes in London, househunters have joked. 

A grade II-listed red telephone booth situated near an intersection in Winchmore Hill, North London, occupies a mere nine square feet and is on auction for £10,000.

Social media users jokingly hailed the phone booth as ‘affordable housing,’ while others remarked that it wouldn’t shock them if someone was expected to live inside it.

According to the Rightmove listing from Strettons Auctions, the compact booth could be transformed into advertising space, a coffee or ice cream shop, a library, florist, vending machine, storage, or a tiny art gallery.

Some users agreed and suggested this was a ‘cool idea to turn it into a tiny business location’.

However, the description notes that any new use would require ‘obtaining all necessary consents,’ implying there is no assurance the listed ‘property’ could be anything beyond a disused phone booth.

The ‘iconic’ kiosk, believed to date back as early as 1936, is 8ft tall and is up for auction on September 11.

One househunter said: ‘Finally. Affordable housing!’

Househunters have joked that a phone box for sale in London could be affordable housing in London

The grade II-listed red kiosk next to a junction in Winchmore Hill, North London, covers just 9sqft of land

The description says a new use would be ‘subject to obtaining all necessary consents’

Another replied: ‘The way the UK is going it honestly wouldn’t surprise me.’

A third sarcastically said: ‘Quite roomy for London to be fair.’

A fourth joked: ‘Are telephone bids acceptable?’

Another added: ‘Could just about fit a ‘Live Laugh Love’ sign in.’

One wrote: ‘Probably the only time I could afford a grade II-listed property.’

However, one user insisted: ‘It’s a cool idea to turn it into a tiny business location though.’

Last week a tiny ‘apartment’ in the heart of central London’s poshest neighbourhood went on the market for rent.

The pokey property in Bernard Street, Bloomsbury is only a stone’s throw away from Russell Square and the British Museum.

Some social media users said it wouldn’t surprise them if someone was expected to live inside it

The listing on Rightmove which shows the telephone box up for sale in London for £10,000

The £2,295-a-month property came with a sizeable kitchen with all the essentials including freezer, washer/dryer and microwave.

There’s even a small, deep bath – known as a Japanese-style soaking tub – with overhead shower.

And its living space is sizeable enough, with a sofa, ottoman footstool, fireplace and a table for four.

There is also a private rooftop terrace, reserved for the tenant and accessed exclusively from inside the bedsit.

And while the £2,295 a month rent doesn’t include bills, the flat comes fully furnished.

But nowhere in the property will you find a bedroom. Instead, you must look up – where you’ll find steps leading to the roof terrace… and the bed.

Images reveal a mattress placed on a petite mezzanine level overlooking the main living area, equipped with only a pull-over curtain and shutters for privacy.

This optimistic ‘studio’ flat in central London has just about everything you might expect of a bedsit

The living space boasts a sofa, ottoman, dining table and a TV and shelves – and an unconventional feature above

The mezzanine level features a bed hidden behind ‘cute’ Moroccan-style shutters – and is reportedly big enough for two

This ‘unconventional’ living setup was described as being suitable for two people and, predictably, ‘not suitable for families or children’.

A minimum six month tenancy is also required, along with a deposit of £2,485.

The Mail has recently reported on flats featuring children’s beds, and a studio flat so small you can sit on your bed while cooking dinner on the hob.

More than one in 50 Londoners is thought to be living in temporary accommodation because of the challenge to find affordable housing in the capital.