Friday, 1 August 2008

Trying to find a flatshare in SE11 [Part 2 of house hunting in SE11]

This is Part 2 of an ongoing series for people interested in buying, renting, flatshares, obtaining local authority or housing association property, squatting or crashing on somebody's floor in the SE11 area.

Today's post is about finding a flatshare in SE11 (or around the area).

First things first... There's no point in trekking around the Kennington or Vauxhall branches of letting agents in order to try and find a room to rent. If you're new to London, you may not realise that letting agents do not advertise flatshares. This is mostly because there's no money in it for them. Consequently, the only sort of property that you'll find in SE11 from letting agents are studios, advertised somewhere between £180 - £210 per week (around £780 - £910 per month). And the likelihood is that if you're looking for a room to rent, you won't be able to afford a studio.

There are a couple of reliable ways of finding flatshares:

1. You could try the age old Gumtree website. Searching through the listings is one option, although you might want to set up email alerts because property will go quite quickly.

2. One new development that I think provides the best way for searching for a Flatshare is from Globrix. The search engine provides the ability to search for lettings properties using the new criterion "Flat Shares" in the box at the top left of the screen. Typing in SE11 and clicking "Flat Shares" reveals that there are currently 23 flat shares available in the area, ranging from £69 to £160 per week. It squeezes information from all of the property portals and puts it in one place, thus reducing the time you'll spend Googling.

3. There are a number of specific websites that deal with flat-shares only. A quick Google reveals:
a. Move flat
b. Spare room

There are at least another 12 sites that seem to specialise in this area.

Once you have spent 10 years sharing a flat, you might be able to afford to buy a run-down studio in SE11. Please then refer to the link below for one idea about buying a property in SE11.

A useful website for those looking for houses in SE11 - [Part 1 of house hunting in SE11]

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