Cost of Living in the UK (2): Apartment rentals

If you are looking for a place to rent in London you should know you are facing one of the most expensive places in the world. However, due to the pound devaluation during the past year, prices have become more affordable. In London, unless you are going to earn a more than 35000 pounds a year, forget about living alone in a modern one bedroom apartment located in zones 1 to 3. Don’t worry about carrying your furniture with you, since 90% of the apartments to rent are furnished and that doesn’t mean that you will have to pay a higher rent price. Renting a studio in London in zone 3 will not come down from 900 pounds per month. Don’t make the classical mistake many people make: be tempted to move miles away from London to save 100 pounds a month. Every day those people watch how their 100-pounds savings are highly outweighed by their spending on public transport, which is extremely expensive in London, even with the pound devaluation. Price is not the only drawback in the UK with properties. You will also have to deal with ancient properties, with little maintenance. You can pay 1000 pounds a month for rubbish flat in zone 3, with ceiling and wood floor almost broken. It isn’t worth to write about modern property prices, it will be enough to say that anyone who can afford those properties will not have any problem with money and probably won’t be reading these lines about cost of living in the UK (that’s not a problem for them).

If you are going to relocate to a city in England other than London, costs can be reduced significantly. In my case, I lived in Leeds in a two-room apartment, 20 minute walk from downtown (3 minutes walk to Universtity of Leeds) for only 525 pounds per month. The flat rental costs in northern England are considerably lower than in the south, especially in London. So, students considering universities outside London may consider this factor when choosing the University with best value for money for them. In northern UK, outside England, Scotland could be a beautiful choice and interesting experience, but you will have to support the cold weather.

Personally I think the success of Leeds as a university town is the value for money it offers to the students. You can make the experience of studying one or two years in the UK at half price of what it would do it in London. In addition, Leeds is a city prepared to have fun and enjoy the university life at its peak, without messing with the stress of costs and lifestyle of a big city like London. In addition, in smaller cities you can experience the real English culture, unlike London where the mixture of cultures has led to the loss of the British identity. It's a matter of looking at people on London streets, or children at schools to realize that 60% or more of the Londiners are not natives. Back to the rental costs matter, you can get a studio in Leeds city centre for 400 pounds. These rates are similar in Manchester and can be even cheaper in Sheffield. Manchester is one hour west far from Leeds by train and Sheffield¸ 50 minutes south.

If you have a tight budget, a very popular choice among students and young professionals is to rent a property with 5 or 6 rooms and share rental costs. If you do the abovce, you can get a private bedroom and share kitchen, bathroom and living room with your roommates for no more than 300 to 400 pounds per month per person. There are letting agencies devoted to this type of rents.

The best way to research prices in different areas is visiting specialized web pages like Rightmove and findaproperty. But be aware that you have to consider the rental price along with other costs that are part of the cost of living in the UK, such as council tax, water, electricity, gas, telephone, broadband internet access and TV license. Yes, you have read correctly, in the UK if you want to have a TV on your flat you have to PAY a tax (few things are free in this country). We will analyze these costs on the next post regarding utilities in the UK. We hope that these articles help you to calculate your particular cost of living in the United Kingdom (UK) as close as possible.