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Is this the answer to London's housing crisis? 550 tiny studios for rent in new development

Twodio.jpg

Renting in London can be a nightmare at the best of times. If you're not stuck paying £980 a month for a room without furniture, you could be sharing your bed with cockroaches or living in a house without a fridge.

And while there may be rare opportunities to live in a mansion and pay only what you can afford to the landlord, the average person will have forked out £52,900 on rent before they get a foot on the property ladder.

However, things in the capital might finally be looking up, with the world's largest co-living scheme launching next month.

No less than 550 studio apartments are due to be rented out for around £1,100 each in a new development called The Collective Old Oak, situated a five minute walk from Willesden Junction and 20 minutes by tube from Oxford Circus.

The Collective Old Oak

The Collective Old Oak

Each studio, referred to as a 'twodio' by The Collective, offers a double bed and private bathroom with a kitchen unit shared by one other tenant.

The rent includes all bills and council tax as well as cleaning and linen every two weeks.

ktichen

The shared kitchen space

Despite the all inclusive rent, the tiny size of the rooms, which measure an average of 10 square metres, make The Collective a pricier alternative to traditional flatsharing.

One of the 'twodios'

One of the 'twodios'

Residents will, however, have access to a number of communal areas throughout the 11 storey development. These will include a library, gym, games rooms, larger kitchens and bookable dining rooms.

The development's 'secret garden'

The development's 'secret garden'

Reza Merchant, CEO of The Collective, said, "We’re looking forward to welcoming the first wave of residents and realising our vision of a community where young working Londoners, who are the lifeblood of the UK economy, can live properly, enjoy themselves and meet like-minded people." 

studio

A studio room

The aim is for tenants to quickly become used to communal living, with site manager Ed Thomas telling The Guardian, "We see people forging new friendships, cooking and eating together. It’s going to be an exciting place to be in."

And anti-social behaviour will not be tolerated: those who repeatedly fail to clean up after themselves in the communal kitchens could face being ejected from the development.

library

The communal library space

The first 30 residents will move into the property on Monday and all tenants have the option of signing a nine or 12 month contract.

Hopefully they have plenty of stylish interiors inspiration for small spaces to hand...

One of the larger communal kitchens

One of the larger communal kitchens

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