Co-sharing rooms lets

Co-sharing rooms lets

Renting in London can be an expensive business - and the costs for tenants just keep on rising. In April 2019, it was 1.9% more expensive to rent in London than during the same period the year before. The average rent in the capital is now £1,617 a month. That figure is more than 70% higher than the rest of the UK - and that's before you take into account the cost of choosing to rent in Hackney, Shoreditch, Chelsea, Hampstead or one of London's other up and coming or premium areas. However, you don't have to be fabulously wealthy to be able to meet the monthly rents here - if the cost of a 1 or 2 bed flat makes you cringe there is another way.

Co-sharing room lets

At Storeys we recognise that renting in London can be pretty pricey and so we don't just specialise in lettings that involve a whole property. We also work with landlords to let rooms in flatshares - co-sharing room lets. Paying per room, as opposed to for the entire property, has a lot of perks and these aren't just limited to the lower rent. If you're considering co-sharing room lets there are some great advantages, including:

  • The social aspect. Whether you've just moved to London or you're looking to expand your circle of friends, co-sharing room lets are a great opportunity to meet new people and make new connections.
  • Lower costs - for everything. Yes, you'll pay less rent when you're letting a room as opposed to an entire flat or house to yourself. However, that's not the only cost saving to be made. All other expenses will be shared too, from the monthly cost of the internet to utilities such as electricity and gas.
  • Live somewhere you've always dreamed of. Whether the vibrancy of Hackney appeals most to you, or the famous faces of Islington, you'll have a much better chance of living exactly where your heart desires with co-sharing room lets thanks to the more affordable nature of renting a room.
  • Enjoy a bigger/better property. You may not be able to afford a whole house in De Beauvoir Town with a beautiful garden and stylish kitchen extension on your own budget. However, if you're co-sharing then you'll have access to properties that meet many of your dream criteria at a fraction of the price you'd pay to have the place all to yourself.

What you'll need

If co-sharing room lets sound appealing then you'll need to have:

  • A deposit. Most landlords will ask for a room deposit of around 4 weeks rent for one room - this total will be much less than you'll need for an entire property.
  • References from a previous landlord. This can be useful when it comes to convincing the landlord you'll be a great tenant.
  • Time to do an interview. In many shared houses, the existing tenants will want to sit down and have a chat before you sign anything.
  • The right to rent. Anyone whose name is going on a tenancy agreement in the UK needs to have the legal right to rent.

We are letting agents in Hackney, Shoreditch and Islington with lots of co-sharing room lets - we can help you to find the perfect one for you.


Residential lettings
We pride ourselves on being genuine industry experts, providing a positive experience, from enquiry to after care. Storeys focuses exclusively on lettings, and we value properties, we don’t just list them. Knowledge and innovation mean we can be competitive on costs while also delivering an individually tailored service.
Property management
Storeys is a bespoke offering based on the fundamental principle of value for money – we want happy customers. Paperless tech and eSigning deliver efficiency and convenience, no high street office minimises costs. The result is a streamlined service nimble enough to tailor what we do to suit your needs.
Aesthetics, natural light, building quality, and overall finish – these aren’t ‘extras’ in a Storeys valuation, they’re as much a part of the process as size, condition and location. We look at individual property potential, not generic criteria. Factors like space for modern living arrangements, such as flexible working, are incorporated too. Our valuations are all the more accurate and successful for it. There is a perfect tenant for every property if you know how to find them.
Short-term lettings
Providing value for tenants and continuity for landlords, Storeys short-term lets run from 4 weeks to 6 months. We work with major London relocation teams and a global contacts network to match international tenants to perfect London properties.
Vacant property Management
We can manage your vacant property in-between tenancies or refurbishment, giving you peace of mind that the property is being looked after and inspected on a regular basis.
Superior Marketing
There is just no comparison between static photos and VR when it comes to property marketing. VR allows tenants to do a virtual walk around and get a realistic feel for the property - their expectations are grounded in reality, and properly managed. This makes VR a very effective tool, not just for generating interest and viewings but also converting those to offers. That’s why we partner with VRPM to create a virtual reality perspective for every property we handle.
Airbnb Management
We can manage your Airbnb account and make sure each booking runs smoothly, keys are always available for handover and the property is ready for the next occupation. This can run very well alongside our short-term corporate letting service.
Rent Protection
If your tenant defaults on the rent, Storeys have you covered. We also cover your legal expsenses and pay you rental income if your property is vacant whilst we remarket for new tenants. Don’t worry Storeys have your back.*ask a member of the team for more info. This service is included for every Storeys managed property.