Property News · April 28, 2016

Tiny and £1,100 a month: corporate answer to flatsharing in London


Majority of rooms in 550-bed block are 10 sq metres but are claimed to provide hassle-free collective life for people starting careerThe rooms are tiny, the rent is about £1,100 a month, tenants have to share kitchens – and the view is over one of London’s bleakest skylines. But the creators of what they claim is the world’s largest “co-living” scheme, opening next week, reckon it is the 21st-century alternative to that traditional rite of passage for twentysomethings arriving in the capital – flatsharing.The Collective, a new 550-bed tower in Old Oak billed as “a new way to live in London”, is the corporate answer to the dilemma facing new workers in the capital hunting for a flat and someone to share the costs. It claims to give tenants – the first move in on Monday – a hassle-free, collective life similar to a student hall of residence, but for people starting out on their career. Continue reading…

Source : theguardian.com
Read more…Tiny and £1,100 a month: corporate answer to flatsharing in London

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