Even taking a bedroom share in Kensington & Chelsea could set you back £675 per month

London’s rental market continues to prosper and despite a fall in sale prices in so-called super prime areas, demand from international buyers for both properties to buy and rent remains high. In Kensington and Chelsea, a recent search revealed something quite extraordinary, however. Some tenants are now so desperate to remain in the area — despite being unable to afford their rent — that they are now seeking individuals to split the cost of the bedroom they occupy.

Bunking up - Tenants are now prepared to share bedrooms in order to stay in Kensington and Chelsea
Bunking up – Tenants are now prepared to share bedrooms in order to stay in Kensington and Chelsea
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Two listings on the website Easyroommate.com provide good examples of this. The first is a £675 per calendar month single bed in a room with two beds in Cornwall Gardens, SW7. The advertiser — who one can only hope doesn’t snore or is a mass murderer — lists it as suitable for a student or professional and all that is required is that the tenant be clean and tidy and trustworthy.

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Another slightly cheaper option goes into greater detail about what is on offer. An advert from someone named Paul informs potential applicants that those able to pay £433 to share his compact studio flat in Old Brompton Road that not only will they get to live with someone of English, Welsh, and Greek descent who enjoy[s] bodybuilding, cycling and writing but also that they’ll have the use of a relatively brand new Brabantia bin. Most reassuringly for applicants, Paul adds: There will be no need for financial formalities, and a ‘pay-as-you-go’ ethos ought to suffice and also points out that “a brand new duck-down duvet, cotton sheets and pillows will be provided, of course, free of charge. They will, no doubt, be queuing round the block at the prospect.

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