A London landlord is charging £1.1K per month to live at the bottom of their garden (Picture: mediadrumimages/@Truepenny’s)
A London landlord is charging £1,100 per month to live at the bottom of their garden in a sore reminder of the sorry state of affairs that is the London rental market.
Located in Hayes, Bromley (in Zone 5), the single-bedroom ‘modern annex’ offers just 850 square feet of living space and one shower room.
The studio has ‘bills included,’ coming fully furnished with a bed, wardrobe and microwave, perfect for renters who love to house all their belongings in just one room.
The ‘modern’ annex has bills included (Picture: mediadrumimages / @Truepenny’s)
At least everything you own will be within reaching distance – and you can take the frustration out on the punching bag in the garden, too.
Available from March 8, 2024 (or even earlier by negotiation if you’re super eager), this property (a glorified shed, essentially) requires a deposit of £1,326. The energy efficiency is rated an E, too, which means you’ll likely be spending more precious pennies on keeping yourself warm.
‘The studio includes private entry via the driveway and comprises sleeping area including a single bed, modern kitchen and modern shower room with washbasin and WC’, the listing states.
‘The property also includes use of the garden and there is on-street parking.’
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The annex is available from March 8 2024 (Picture: mediadrumimages/@Truepenny’s)
According to Zoopla’s December 2023 report, the average UK rent currently stands at £1,201 per month – 9.7% higher than one year prior.
However, despite this it predicted that rental growth peaked last year and that 2024 will see a ‘major slowdown’ – with rents in London predicted to only rise by 2% next year, the lowest level since 2021.
Elsewhere, in December 2023, a teeny tiny studio flat went on sale in Leyton, east London for £134,000. Measuring 11 square metres, photos of the flat depicted a small bed, desk and kitchen area on top of each other.
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The listing read: ‘Cash buyers only. Studio in a popular location near to good schools, stations, parks and local shops.
‘The property has been recently decorated and ready to move into.
The annex was recently decorated (Picture: mediadrumimages/@Truepenny’s)
‘It is a short walk to Leyton underground station, Central line, East Village is also nearby for great restaurants, coffee shops and Westfield shopping centre.’
Meanwhile, last week one Airbnb host was ridiculed for renting out tents in his living room for £68 per night.
The basic accommodation in Soho’s Chinatown was described as ‘convenient to anywhere’, offering the ‘best location’ for those who stay.
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No, this is not a joke.