Rental space out of the closet under the stairs and charging £500 a month!
Have you thought about adding one more bedroom to that four-bedroom apartment to bring in a bit more monthly rent?
One landlord in the UK’s hottest housing market has taken this plan to the next level, creating a new rental space out of the closet under the stairs and charging £500 a month for it!
The landlord who showed her the property seemed deadly serious about the under-stairs bedroom.
Average room rents in Clapham Junction are now £784 per month, so you can see why someone would be tempted by a £500 bargain, but this ad certainly isn’t offering a room.
“We’ve seen mattresses in kitchens, mattresses in sheds, in living rooms, and now we’re seeing mattresses under the stairs. I dread to think what’s next?”
This could be a sign of things to come in Canada’s hot housing markets, like Toronto and Vancouver.
How much longer before we see an ad for a closet bedroom in Little Italy or Yaletown?