When it comes to finding affordable housing in London, it can be quite a challenge. The demand for housing in the city is incredibly high, which results in sky-high prices that are out of reach for many people.
However, if you’re on a tight budget, there are still some options available. In this article, we’ll take a look at some of the cheapest flats in London and provide you with all the information you need to know.
The Cheapest Areas to Rent a Flat in London
London is a vast city with many different neighborhoods and areas. Some of these areas are known for being more expensive than others. If you’re looking for an affordable flat, it’s best to focus your search on the following areas:
Barking and Dagenham: This area is located in East London and is known for being one of the cheapest places to rent a flat in the city. The average monthly rent for a one-bedroom flat here is around £900.
Bexley: Another relatively affordable area in London is Bexley, which is located in Southeast London. Here, you can expect to pay around £1,000 per month for a one-bedroom flat.
Croydon: Croydon is located in South London and offers some of the most affordable flats in the city. The average monthly rent for a one-bedroom flat here is around £1,050.
The Cheapest Flats Currently Available
If you’re looking for an even more affordable option, there are currently some flats available that come at an even lower price point. Here are some of the cheapest flats currently on offer:
Flat 1 – £600 per month
This studio flat is located in Dagenham and comes fully furnished. It’s situated close to local amenities such as shops and restaurants and has excellent transport links into central London.
Flat 2 – £650 per month
This one-bedroom flat is located in Croydon and comes unfurnished. It’s situated on the top floor of a small block of flats and benefits from a communal garden.
Flat 3 – £700 per month
This one-bedroom flat is located in Bexley and comes unfurnished. It’s situated on the ground floor of a purpose-built block and has its own private entrance.
Conclusion
While finding an affordable flat in London may seem like an impossible task, there are still some options available if you’re willing to do your research. By focusing your search on some of the cheapest areas in the city and keeping an eye out for any particularly affordable flats that come up, you may be able to find a place to call home without breaking the bank.