There is an emerging trend in the market that is quickly becoming one of the most innovative and popular forms of city living.
The unique style of studio apartments is one of the best new forms of investment.
Studios contain all the features of a regular apartment but are usually slightly smaller in size while still featuring trendy and modern interiors.
They are equipped with a bedroom, a bathroom, a dining area that is all combined within the same living space.
Some studios may not contain a full-sized kitchen but have the basic essentials in the form of a kitchenette.
Contemporary studio apartments can seem like hotel suites rather than homes, and the clever use of space, luxurious design and high-quality specifications can make these properties some of the most enticing and desirable rental properties available on the market.
Studio apartments aren’t popular among all house hunters or renters due to the smaller living space, but they remain attractive for a specific target market.
The living space is perfect for busy young professionals who require minimal space in a convenient location, students who require living close to campus or university and young professionals who are seeking the city life with fruitful opportunities.
There is a growing demand for rental studios, and there are plenty of benefits that make this form of investment an inviting opportunity for many.
Studios can offer excellent opportunities to diversify an investor’s portfolio while maximizing rental yields and the opportunity for capital appreciation.
RW Invest offers a diverse range of studio apartments which are proving attractive to many investors from the UK and overseas.
Multifunctional space is an inviting prospect that has led to the growing popularity of studio apartments.
Cheaper Price Tag
Studio apartments are generally more affordable than multi bedroom apartments.
With house prices in the UK rising exponentially, living in a studio is one of the best ways to live in a bustling city without breaking the bank or having to dip into your savings.
Easy to Furnish and Clean
Smaller spaces mean there is a smaller space to furnish, decorate and clean, therefore the upkeep and general maintenance will not be too tasking.
Instead of over filling your studio with a mound of new furniture, you can spend money on a few quality pieces that will look great in any house should you choose to move or relocate frequently for investment purposes.
Another bonus is that if your studio requires a revamp in its existing flooring, there is far less ground to cover, so less money will be required, and it will take a shorter amount of time.
Due to the smaller square footage, cleaning is made easy, making it a more pleasurable and stress-free property to stay on top of.
More Energy Efficient
Escalating utility costs are one of the biggest bugbears when purchasing a new property, although having a smaller space is a great asset if you wish to save money on utility costs.
Heating a studio requires a smaller amount of energy compared to a standard residential property, therefore studios can help you cut any extortionate costs.
Today, studio apartments are one of the most popular apartments that are available in the real estate industry.
With such high demand for these streamlined, compact living spaces, studio apartments are a low maintenance and cost-effective way of living.
Perfect for a first investment, studio apartments are proving hard to resist for tenants and investors.
Located in great city center locations, the high-end design and proven appeal, it is time to embrace studio living.