Of all types of flat, studio flats are one of the most affordable for renters and buyers.
In this article, we’ll explore what they are and their pros and cons.
What is a studio flat?
A studio flat is a single living space in which the living room, kitchen and bedroom exist in one space. The bathroom is typically separate.
They are open-plan and self-contained. And they can be located within larger blocks of flats or residential buildings (including as annexes).
They don’t typically have gardens, even when they are on the ground floor. However, some have balconies.
Studio flats get their name from the fact that they combine living and working spaces for artisans.
How large is a typical studio flat?
The size of a studio flat can vary depending on the location.
Studio flats in busy cities such as London tend to be smaller due to the increasing population and limited space.
Legal requirements for studio flats include:
- Being 70 square feet to one tenant
- 110 square feet to two tenants.
Typically, a studio flat is around 250 square feet.
Are studio flats popular?
Since studio flats are typically located near town and city centres.
Studio flats are also particularly popular with students, young professionals, and first-time buyers.
Are studio flats expensive?
Due to their smaller size, one of the most significant advantages of studio flats is their affordability.
However, the cost of a studio flat depends on several factors, including location and size.
As with other types of property, studio flat prices vary according to location.
Although, they are still generally less expensive than larger flats. On the other hand, studio flats in smaller towns are much more affordable.
Advantages of living in a studio flat
Affordability
Not only are studio flats less expensive to purchase and rent, but utility bills will also be cheaper.
They enable people to live in cities without paying extortionate prices.
Low maintenance
Their small size makes studio flats easier to decorate and maintain. This also means that it’s easier to prepare them for resale.
Ideal for living alone
A studio flat is ideal if you enjoy your own space and company. Unlike a house in multiple occupation (HMO), for example, you don’t need to share other living areas.
Many potential buyers
Selling a studio flat is relatively simple because of the large potential market of buyers.
Disadvantages of living in a studio flat
Less privacy
Privacy may be an issue if you plan on sharing your studio flat with a partner.
For example, if one or both of you work from home or work different hours, it will be challenging not to disturb one another.
Limited storage
The limited storage space is one of the most significant downsides to living in a studio flat.
So, if you plan on moving into a studio flat, you should avoid bringing too many possessions.
If you own a lot of things, a studio flat may not be the best option for you.
Noisy neighbours
Studio flats typically exist in one shared building with several tenants.
This can make it difficult to avoid noise from neighbours, especially if you live in a busy city.
Not suitable for guests overnight
It is difficult to host guests overnight in studio flats. By contrast, one-bedroom flats enable guests to sleep in a separate room.
How to find studio flats near me
If you want to purchase or rent a studio flat, here are a few tips to help you find one near you.
Local estate agents
Visiting a local estate agent is a great way to find the perfect studio flat for you.
They can give you insights into the local housing market and in some cases offer better pricing.
Online search
Websites such as Rightmove and Zoopla allow you to search for studio flats on sale in your local area.
They even give you the option to refine your search to help find the most suitable home for you.
Widen your search locations
If you live in a rural area, it is quite unlikely that you’ll be able to find any studio flats near you.
If a studio flat is something you really want, you may need to widen your search and consider relocating.
Social media groups
Social media groups consist of local communications. People can share information and advice on specific topics.
Joining a ‘local properties for sale’ group is a great way to find studio flats near you.
