Meeting the needs of
‘generation rent’
Co-living, is a form of housing which combines private living spaces with shared communal facilities.
The concept of co-living is to create a community-centred environment that not only gives privacy in living arrangements but also promotes social contact by providing the type of social spaces valued by younger people i.e. shared kitchen, dining and relaxation areas.
Co-living spaces are ideal for people who are looking for complete flexibility and homes that are fully furnished, serviced and managed. Tenants don’t need to find deposits or rent in advance and can rent a room/studio with private facilities and also have access to communal areas such as kitchen, dining and relaxing space.
The monthly rent usually includes a host of facilities such as cleaning, Wi-Fi, maintenance, utility bills and all the furnishings.
Residents have the flexibility to stay for as long or little as they need.
Co-living is a relatively new concept in the UK although has been viewed as more mainstream in countries like USA, India and Scandinavia. It is seen as a response to the housing issues facing many younger people today namely high rents, poor standard or lack of I bedroom accommodation and social isolation.
