With more and more Londoners choosing to rent, coupled with soaring house prices in the capital, many people are turning to the option of a studio apartment rental when it comes to finding an affordable place to live.
As with any property, studio apartments have their own unique set of advantages and disadvantages. While the typical size of a studio apartment sits on the smaller end of the scale, you can do a lot with the space.
In this post we'll run through a handful of the benefits of living in a studio flat in Pimlico: a neighbourhood that's plugged into London and gorgeous enough to make your friends green with envy.
Studio flats are self-contained apartments where the normal functions of multiple rooms – often the living room, bedroom, and kitchen – are combined into a single room.
Because London is such a bustling city, drawing in an excess of 21 million international tourists each year, it’s hardly surprising that space is at a premium! This influx of travellers, coupled with normal London renters, has created a highly competitive rental market.
Many potential renters have opted for Pimlico as their preferred Central London destination, for a couple of reasons:
Renters who choose Pimlico studio apartments benefit from the lower average rent price in comparison to other nearby neighbourhoods. For this reason it definitely makes sense to opt for a smaller space in a more central location, as opposed to a big gaff that's miles from anywhere.
Deciding on the type of apartment you need is completely subjective, and what works well for you might not work at all for the next person. It will take time and effort to find out if the studio apartments on offer in Pimlico are going to serve your best interests.
Here are a few questions to ask yourself when deciding if a studio flat is right for your needs:
It’s especially important to determine if a studio apartment is right for you if you intend on sharing your space with a partner. Privacy may be a concern of yours when sharing a space, and while there are some practical DIY fixes if this is a concern (free-standing partitions, a well-placed privacy screen etc), it's better to be sure you're happy to commit to the living arrangement before signing the dotted line.
If you are tempted, our Pimlico studio apartments offer excellent value for money, especially if you factor in the guest facilities on offer at Dolphin Square.
If you’ve been considering renting a studio flat in Pimlico, you’ve probably drawn up your own lists of pros and cons to help you make an informed decision.
Below, we will share some expert insights that you might not have considered into why studio flat rentals could benefit you:
Average rent prices are considerably lower in certain parts of London. It’s worth researching the area you want to live in to get an understanding of how you can find the same apartment type, with the same facilities, at a lower rate, simply based on location.
As a quick comparison, the average rent price for Mayfair comes in at a staggering £3,210 per calendar month - the highest rental price across all of London’s boroughs.
A meagre stone’s throw away, Pimlico comes in considerably cheaper, with an average rent price of £910 per calendar month.
If you’re looking for the most affordable, practical solution to renting in the capital, our Pimlico studio apartments offer all the convenience you could desire. Our modern studio apartments offer unbridled safety, proximity to major transport links, on-site amenities that complement your lifestyle, and the safety of knowing you’re choosing an established and trusted name in the London rental market.
If you’re ready to book a viewing, get in touch with us here. We are available to answer your questions and discuss your specific needs. We look forward to welcoming you!