Co-living offers good value accommodation for many renters priced out of home ownership and renting alone. It blends the benefits of having your own living space (your own bedroom/ studio) with sociable, communal living. Which usually means sharing some facilities, depending on the property.
Why choose co-living?
Co-living offers a number of benefits over conventional renting options, take a look…
Value
Cost is a key factor for many people especially with the cost of living crisis.
Community
The ability to interact with other residents makes co-living a more sociable form of renting – especially useful for tenants who are new to an area or city.
Lifestyle
The types of facilities on offer in some co-living spaces will usually be of better quality to what might be found in a normal apartment block.
Environment
Thanks to shared amenities the environmental impact of living in a co-living space can be low.
All Inclusive
A lot of co-living properties are ready to move in and are fully-furnished, they also benefit from the convenience of all-inclusive bills and services like room cleaning.
Shorter/ Flexible Lets
With a lot of co-living properties, residents are not tied to long leases, giving you flexibility.
Green Living
We are Committed to Protecting the Environment, using Renewable Energy and Local Products Where Possible.
Learn more
Frequently Asked Questions
What do you consider to be a short rental term?
At Sourced Living we consider a short let to be anything less than 6 months. For anything 6 months or over legally is a tenancy and an AST will need to be issued.
What is an AST?
An Assured Shorthold Tenancy (AST) is an agreement between a tenant and a landlord/ letting agent for living in a rented property.
Your tenancy agreement will be for a fixed period and the landlord has the right to take back the property at the end of the agreement, but they must give at least 2 months’ notice.
Is co-living safe?
Sourced Living local experts are very careful to maintain high safety standards for residents. All residents and staff are screened, and we have a 24/7 call service should you encounter any issues.
Can I ask the property owner to remove items from the property?
You can request to remove items during the negotiation of your contract. Any items which the landlord agrees to remove should be included in a special clause at the end of your contract.
A landlord is not obliged to agree to these requests and they may ask that you remove and store the items at your own cost and return them at the end of your tenancy.