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Compact One-Bed Studio in London’s Back Garden Available for £1,025 Monthly, Accommodates Twelve

A compact one-bedroom studio flat situated in a back garden is up for rent at £1,025 per month, surprisingly offering accommodation for up to twelve people. The small but well-furnished…

Section
Mortgages & Property Finance
Location
London
Published
02.01.2024
Reading
2 min
Compact One-Bed Studio in London’s Back Garden Available for £1,025 Monthly, Accommodates Twelve
Fig. 1 · Story from Jam Press (Studio Flat)Pictured: The studio flat in Thornton Heath, Croydon, that is listed as being able to house 12 people.One-bed studio flat in back garden being let for £1,025 a month but can sleep TWELVE peopleA one-bedroom studio flat in a back garden is being let for £1,025 a month but it can sleep TWELVE people.The pokey pad comes furnished but only has one double bed.There's also a fridge freezer, a table with four dining chairs plus a wardrobe.Only a sink is visible in the kitchen area and there is a small bathroom with a shower, toilet and small basin.But despite the tiny size it is listed as being suitable for up to 12 tenants.The bedsit in Thornton Heath, Croydon, south London is being let on OpenRent.The property listing reads: “We are proud to offer this delightful one bedroom, one bathroom studio flat in a great location.“This property benefits from available parking. Property is offered furnished.“Viewing highly recommended.“Minimum tenancy is 12 months, maximum number of tenants is 12.”It is located in the backyard of a street made up of semi-detached housesAs well as the rent - which works out at £12,300 a year - a deposit of one month's rent is required upfront.For the cost of a year’s rent, tenants could almost buy a house in the cheapest town in the country to live.There are currently properties for sale in Shildon, Co Durham for as little as £15,000.Bills are not included and pets are not allowed.ENDSEDITOR'S NOTE: Digital press must include mention of OpenRent and hyperlink to site: https://www.openrent.co.uk/

A compact one-bedroom studio flat situated in a back garden is up for rent at £1,025 per month, surprisingly offering accommodation for up to twelve people.

The small but well-furnished space includes a double bed, fridge freezer, dining table with four chairs, and a wardrobe.

The kitchen area, modest in size, features only a sink. The studio also houses a petite bathroom equipped with a shower, toilet, and a small basin.

Despite its limited space, the property is advertised as suitable for as many as 12 tenants.

Located in Thornton Heath, Croydon, in the south of London, the bedsit is listed on OpenRent.

The property’s advertisement states: “We proudly present this delightful one-bedroom, one-bathroom studio flat in an excellent location. Benefits include available parking and furnished status. Viewing is highly recommended. The tenancy term is a minimum of 12 months, with a maximum of 12 tenants allowed.”

Nestled in the backyard of a street lined with semi-detached houses, the studio requires a one-month rent deposit, totaling an annual rent of £12,300.

Remarkably, this annual rent nearly matches the price of a house in the UK’s most affordable town, Shildon in County Durham, where homes are on sale for as little as £15,000.

The rent does not include bills, and the studio has a no-pets policy.

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Property & Development Magazine

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