Known as "apartments" by our friends across the pond, a flat is a self-contained property that occupies a part of a building. Typical flats in the UK will be part of a large building or a period property. Flats come in all shapes and sizes from Penthouses in Pimlico to Tower Blocks in Torquay and are certainly one of the most popular forms of property in densely populated cities like London, Birmingham and Manchester.
The most expensive flat in the UK was purchased by a Ukrainian Energy Tycoon in April 2007. The flat sits in the One Hyde Park development in Central London and set our Eastern European friend back a cool £135.4m. Amazing!