A studio flat to let - is it worth it?

For many people a studio flat is cramped and unfit to live in. However, there is no denying that some people value a small space, especially when they do not spend too much time in it. So is it worth buying a studio flat and then letting it out?

An investment in a studio flat - only the secondary market?

There is no denying that most studio flats, and flats with a small floor area, are found in older buildings. They also often have awkward proportions, which can significantly complicate finishing the rooms. That is not all: in older buildings we quite often had to deal with the need to arrange the interior according to top-down guidelines, which was without doubt not to the residents' liking. If you are choosing a studio flat to let, older buildings are not the only option worth considering. In many new developments, developers also decide to include smaller flats, often with one bedroom and a living room with a kitchenette. Modern construction offers well-planned rooms and relatively wide scope for interior design.

A studio flat means lower running costs

A studio flat is cheap to maintain, and this can be said plainly. Letting a flat with a small floor area not only generates low costs for tenants, but also means that the costs of purchasing the property itself are relatively small. Young people who are just getting started, students, or those looking for their place in life will gladly take up an offer of a studio flat to let. They can count on much lower bills, and often also a very good location, which does not always go hand in hand with large, more expensive flats. A small note here for investors themselves: when choosing a studio flat, it is worth paying particular attention to the location. It will have an enormous influence on the number of people interested in renting and on the continuity of the letting itself.

A large number of people interested in renting a studio flat!

When deciding to buy a studio flat to let, you can be sure that very soon after the flat is advertised for rent, interested people will turn up. This is another reason to opt for a small flat, especially as your first investment. The largest group of those interested will of course be students, the second, young people starting out on the job market. We must not forget small families, who are also starting out. To sum up, a studio flat is a very profitable choice: the investment is not very expensive, and at the same time safe given the number of interested people. It will therefore be a safe and secure place to put savings for everyone who has a certain amount of cash and does not want to keep it in their bank account. Finally, we would like to add that property prices keep rising, so after a few years a studio flat can always be sold at a profit!