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Is This £95-a-Week London Flat Too Good to be True?
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Many Londoners are searching for cheap rental accommodation in the capital – could this property be what they’re looking for?
A property has been advertised on Gumtree in the desirable W4 postcode area of Chiswick for just £95 per week. At a much cheaper price than London’s average £1,500 monthly rent, what’s the catch?
The advertisement describes the flat as “a spacious single studio with kitchenette and own shower, pine furniture and double bed”.
It is also “well-served by Chiswick Park and Turnham Green Tube stations and the London Underground”.
Additionally, residents will enjoy the nearby Chiswick High Road, which “is home to a wealth of fabulous amenities, including Harvey Nichols, Waitrose, Caffe Nero. Acton Green Common, Chiswick Common and Turnham Green offer plenty of spacious, green areas close by”1.
So far, so good.
However, the studio flat is so crammed that the shower is installed right next to the kitchen.
Is this a good use of space, or does the flat highlight the extraordinary crisis in the London housing market?
As the property has been unoccupied since the beginning of November, it appears that even though this place is cheap, it may not be suitable for even the most desperate tenants.