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HomeReal EstateHow Shared Student Housing Can Help To Manage Living Expenses In Edinburgh?

How Shared Student Housing Can Help To Manage Living Expenses In Edinburgh?

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When it comes to moving to a new city like Edinburgh, there is a lot to consider which comprises whether sharing a flat with someone is one of the best options. The reality is that unless you are independent, you need to learn the language or know people in the city and also have a big monthly budget. There are different benefits of living with others even if it means staying with roommates at 30 or finding out who your roommates are after moving in. 

For example, it is much easier to find shared student accommodation in Edinburgh in expat cities as a lot of the housing made available to international students or professionals is set up for sharing as the housing market is competitive. If you want to know more then in this article, you can find out some of the best benefits of staying with your flatmates in the new home. 

You Will Be Saving Money

When staying with friends you can save a lot of money. this is one of the biggest benefits of shared accommodation. You can split 2, 3, or even 4 ways. Here are some ways of having a roommate that saves you money: 

Rent

Rent is by far the biggest expense every month for most of the people. Based on the rent indexes as well as the cost of living guides, we are certain that sharing a room is much cheaper than getting a studio or student apartment in Edinburgh all by yourself. For example, the average cost of renting a room instead of an apartment is quite cheap in many cities. 

Deposits

When you sign a rental contract, you will need to put down a deposit that is generally one month’s rent. when you are renting a room, you pay a much smaller deposit as the deposit equals the rent of the room and not the whole apartment. Also, remember to include all the flatmates who will be staying in your apartment on the rental agreement as this way everyone is held responsible and liable. 

Utilities

Some of the rental agreements comprise all the utilities and others require you to be responsible for all the utilities of the cheap student accommodation in Edinburgh. The necessities comprise electricity, gas, water, and internet connectivity. More people mean the usage will be more too. But when the cost is split between all the housemates, it will be lower. You also have the option to share subscriptions to Netflix or other entertainment accounts. This will also reduce the cost of living per person further.

Household Necessities

Some of the household items can be easily shared as they are very important. Think about items like cleaning supplies, toiletries, cooking supplies, and more. If you do not want to share certain things, then talk to the roommates beforehand. 

Food

Most of the time, you are going to eat your meals at home. If you are trying to stick to a tight budget, then splitting costs with your friends can be helpful. Moreover, if you all cook one by one, then you might not have to cook every day and still enjoy homely food. Also, remember to stick to shopping for groceries at discount stores or fresh markets. 

Furniture and Décor

Depending on your lease agreement, your shared accommodation may or may not come furnished. If you want to buy your furniture, flea markets as well as second-hand stores are the best places to look for it. you can simply split the price with the roommates. You can then resell it to the freshers once it is time to leave. However, if you stay at a place like New Park Edinburgh, you don’t have to think much about the furniture and décor. 

Conclusion

Living with the flatmates in shared accommodation can be a roller coaster ride. Ensure that you embrace it and make enough memories and friends to last a lifetime. If you ever find yourself thinking about your personal space, freedom, or personal preference, then you can have it too. However, you need to set some ground rules with your roommates so everyone’s choices are respected and nobody is tortured throughout. So, if you are thinking along the lines of staying in a shared accommodation then good luck and enjoy. 

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