For £628 a month, a studio apartment that is so tiny the kitchen is within arm’s reach of the bed is offered.
Despite the fact that potential tenants would literally have to prepare supper in the bedroom, the Sheffield house is touted as “living at its greatest.”
Additionally, residents will be required to sleep on a bed that is just a third of a double, or within touching distance of their sink, according to letting agents.
Fortunately, residents will have access to a private restroom.
The listing comes as the UK struggles with a cost-of-living issue that has caused rent prices to reach record highs nationwide, rising by more than 20% annually in certain locations, including Manchester, and by 15.8% in London.
The studio apartments are being promoted by Omnia Estates on the well-known real estate website Rightmove.
The company welcomes applications from professionals and students eager to reside in Sheffield’s downtown.
To “make living easy,” Omnia Estates is selling each apartment with all bills and utilities paid.
We are currently offering this completely furnished apartment in Sheffield City Center, which is available right now, according to the advertisement.
“Affordable and reasonable pricing for the best in student and professional life.”
The option to rent a contemporary studio apartment with all utilities included is being offered by Omnia Space with excitement.
The studio flats are completely furnished and have plenty of windows and storage space.
The kitchenette has a two-ring electric stove, a microwave, a washer/dryer, and an under-counter fridge with a freezer section.
Every unit comes with an en-suite, contemporary bathroom with a shower.
The Watson Chambers Development is well situated for both bus and tram linkages, and it provides immediate access to local eateries and high-street businesses.
Considering that both Sheffield Hallam University and the University of Sheffield are close by, it is a perfect position for both institutions.
Students may quickly board a train to go home since the apartment is near to the railway station.
At a time when millions of Britons are having financial difficulties as a result of increasing energy prices, landlords and rental agencies are hiking rents to record levels owing to strong demand for accommodation and a shortage of availability.
According to statistics from Rightmove published at the end of the second quarter of 2022, rental rates in the UK have increased at the quickest yearly pace in 16 years.
The national average rent outside of London hit a record high of £1,126 per calendar month (pcm), up 11.8% from 2021 and 3.5% from the first quarter of this year.
The average asking rent in the capital city also reached a new high of £2,257 per month, an increase of more than 15% annually, according to Rightmove, which is the highest yearly rate ever recorded for any location.
Some tenants claim their landlords are essentially evicting them because of rent rises of up to £700 per month, while others who have left apartments claim their old residences were relisted for double the original price.
In a study, the estate agents membership group PropertyMark discovered that although letting agents on average received 127 new applications per branch in July, there were only 11 homes available for rent.
Fewer renters are moving from one rental home to another, according to Move IQ, a group that provides advise to consumers on real estate. Part of the shortfall is caused by several landlords selling their houses to profit from high prices on the sales market.