London is a city known for its high cost of living, and student accommodation is no exception. With so many students flocking to the city every year, finding affordable and comfortable accommodation can be a challenge. In this article, we’ll take a closer look at whether student accommodation in London is really as expensive as it’s made out to be.
Factors That Affect Student Accommodation Prices in London
There are several factors that influence the cost of student accommodation in London. These include:
- Location: The closer you are to the city center, the more expensive your accommodation will be.
- Condition: Newly built or renovated accommodations tend to be more expensive than older ones.
- Amenities: Accommodations that come with amenities such as gyms, study rooms, and laundry facilities tend to be more expensive.
- Type of Accommodation: Different types of accommodations such as shared rooms, single rooms, en-suite rooms or studio flats have different price ranges.
Cost of Student Accommodation in London
According to a recent survey by Save the Student, the average weekly rent for student accommodation in London is £182. This figure includes all types of accommodations ranging from shared rooms to studio flats.
However, it’s important to note that there is a wide variation in prices depending on location and type of accommodation. For example, a shared room in an area like Camden or Islington could cost upwards of £150 per week while a studio flat could cost up to £500 per week.
Tips for Finding Affordable Student Accommodation in London
Finding affordable student accommodation can seem like an impossible task but don’t worry; there are ways you can save money without sacrificing comfort or quality.
Some tips include:
- Consider living in areas outside of the city center where rents are generally cheaper.
- Look for accommodations that aren’t newly built or renovated as they tend to be cheaper.
- Consider sharing with flatmates as this can help cut down on costs.
- Look for accommodations that come with fewer amenities as these tend to be cheaper.
Conclusion
While it’s true that student accommodation in London can be expensive, there are ways to find affordable and comfortable accommodation. It’s important to consider factors such as location, condition, amenities, and type of accommodation when looking for a place to live. With some research and planning, you can find a place that meets your needs without breaking the bank.