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How Much Can You Rent A Room Out For In London?

How much can you rent a room out for in London? There is no denying that London is an expensive place to rent. Quite simply, it is an expensive place in general. However, this does not mean you need to spend a fortune when looking to rent a room. There are some cheaper areas.

It is crazy to think that some rooms in London are priced at more than £1,000 per month. Nonetheless, you can slash this price in half in certain areas. One example is Abbey Wood, which is a great location for the future, as London’s high-speed east-west rail network is launching in 2018. Other locations whereby rent is around £500 to £600 on average include Manor Park, Upper Edmonton, East Ham, Forest Gate, Plaistow, Lower Edmonton, Chingford, Eltham, and Plumstead & Woolwich. Manor Park is found in the London Borough of Newham. It is a residential area, with Hither Green railway station nearby. Forest Gate is situated to the west of the area, with Stratford further west. It comes under the UK parliament constituency of East Ham, which is another place mentioned for those looking to find room for rent at cheap prices in London. Lower Edmonton is in the east of the London Borough of Enfield, and it is considered a convenient location for those that need to get to the likes of Charing Cross on a daily basis. Slightly further north is Chingford, which is in Waltham Forest, on the outskirts of London, hence the cheaper prices.

Now you know how much can you rent a room out for in London, the next step is to find the right room to rent for you. This is the easy part thanks to Bellrooms Ltd. We have plenty of different rooms available, ensuring you find the perfect place for you. Head to our website, https://www.bellrooms.com/, for more information, or give us a call on 01483 698 677.