Planning to rent a house in central London with mates, help please?

So there is about 4/5 of us and we would like to rent a house in Central London, in the West End area. For university. How much on average do people pay weekly/montly PER person, just so I can get a rough estimate. Including or excluding billsPlanning to rent a house in central London with mates, help please?
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Unless you have very wealthy parents who are more than happy to pay a large chunk of your rent each month I would suggest forgetting the west end and looking at getting a place further out in zone 2/3 onwards. Even then it depends on which direction you go. I work in north London and looked into moving there but the prices are insane in many parts. I live in south London (zone 2/3) and commute but what I pay for my gorgeous, spacious 1 bed flat I would be lucky to find a large studio for the same price in North London. So if you're going to uni in the city centre I'd suggest looking at commuting from the south as the prices are (generally) a lot cheaper.





Just to give you an idea, in the south you're looking at 拢600-拢750 for a 1 bed flat, 拢700-拢900 for a two bed flat and 拢1000+ for a three bed. It's likely you'd be paying a lot more for a 4-5 bed house, certainly in the 拢1500-拢2000 region if not higher. For north London I'd add 拢100-拢300 onto those prices. Of course, it depends a lot on the area, I'm being very general here. For the city centre those prices would be likely to double and treble with ease.





Good luck finding a place.
Have a look at http://findaproperty.com or http://rightmove.com - postcodes like WC1, WC2. SW1 and SE1 cover central London and the West End. Rents vary hugely depending on the exact location (addresses in Mayfair, St James, Park Lane, Bond Street are very desirable and at the top end of the spectrum) and the standard of the property. You may be able to pick up a smaller 4-bedroom flat or maisonette in an area like Kings Cross, Holborn or Fitzrovia for about 拢1,000 per week, or 拢250 per week each between 4 people. An average weekly rent for a desirable 4 - 5 bedroom house in WC1/WC2 would be about 拢2,000 - 拢3,500 per week or around 拢500 - 拢800 each weekly if 4 people are sharing equally. Unless you're all considerably wealthy it's a huge amount of money to spend on rent and not affordable to many people. You'll also need to have at least one month's rent saved up in advance as a security deposit - so figure that as being anywhere between 拢5,000 - 拢15,000. If you are all students, landlords will require your parents to act as your legal guarantors who agree to pay any rent you can't.





One of the larger bills is going to be council tax - the larger and more valuable the property the more council tax you pay. On a two bedroom flat in a London suburb I currently pay 拢170 per month: three or four hundred wouldn't be unusual on a big centrally located house. If all house occupants are students you will have a full or partial exemption but must provide proof of this.


Heating and lighting a large house is also costly - in winter your monthly bills for central heating and hot water could be upwards of 拢300. Add to that water rates at several hundred per year, contents insurance for your belongings, and optional extras like phone (BT line from 拢12 per month excluding calls), broadband (from 拢15 per month), cable or sky television (from 拢20 per month). There's a good reason why you don't find many students living in central London unless they live in halls of residence!
In the west end..拢1500-拢2000 a month and that does not include bills