Under £500 commutable areas to some of the known universities
It’s no secret that students are always looking for a deal, there are many ways for students to save money but perhaps one of their biggest outgoings is their accommodation, so a saving here could have a big impact on their monthly budget. Some ways to save money on property would be to compromise on space, but this can be awkward if the student is studying and living in a small space, and the savings could be relatively small. The best way to save money would be by changing the location, here are some great locations for students to look at:
North London – Camden offers a great option for many students. It has a bohemian culture with a lot of young students and artists in the area. Camden has a world famous market, including hot food which would offer a nice respite to long hours of studying. Camden is on the Northern Line, which goes directly into the centre of London, to stops like Euston, Kings Cross, Tottenham Court Road and Charing Cross in almost 10 minutes. The drawback of Camden is that you may have to settle for loud evenings, as the bars and clubs will be busier due to the younger population. You may also need to share a flat or house with several other people to ensure you’re getting the best deal for your money, which would typically be around £200 per week!
East London – Mile End is a few stops away from Liverpool Street, which has a very vibrant nightlife but Mile End costs a fraction of the price. There is very easy access to the centre of London (you can be in the centre in only 10mins), although Mile End is generally a good bet for students of Queen Mary University London, as it’s very close by. Mile End has some of the cheapest rents in the whole of London, where you could pay £150 per week. Further out is Stratford, which has a Westfield shopping centre, including a cinema and casino, as well as hundreds of pubs and restaurants.
South London – Brixton is incredibly popular for students and is located on the Victoria line, which is super fast and gives you access to Victoria, Warren Street and Kings Cross. Brixton village has fantastic food options at lower prices which could offer even more savings for frugal students. Brixton is incredibly cheap but it’s south of the river and can be difficult for transport, especially if it’s a taxi back from central London. The rent in Brixton would be around £175 per week on average.
West London – In West London, you will have much fewer options, given that it’s closer to Kensington and Mayfair. Hammersmith and Shepherds Bush will give good options but will be more expensive than the other areas of London. Shepherds Bush is on the central line but will be a little further out than some of the other options but offers markets, pubs and restaurants. Hammersmith gives access to three tube lines, the Hammersmith & City, District and Piccadilly. West London will be more expensive (typically paying £200pw or more) but will offer more space and some extra greenery, if that’s higher on your priority list it may be a good compromise.