How to Save Money on Student Accommodation in London

Student Accommodation in London

London is one of the world’s most famous cities and has a lot to offer its residents. This includes a vibrant culture, delicious cuisine and plenty of entertainment. However, the cost of living in this city can be high, especially for students. If you’re planning to study at one of London’s top universities, it’s important to plan your budget carefully. Read on for 10 ways to save money on student accommodation in London.

There are many different things you can do to save money on your student accommodation london, and the exact amount you’ll save will vary depending on your individual circumstances. But in general, it’s best to find accommodation that’s as affordable as possible. Here are some of the best ways to do that:

Stay in a student village: Student villages consist of small groups of houses or flats grouped together, often near the campus of a university. They’re usually cheaper than renting a single apartment and can be a great way to meet people and make friends. They also tend to be located outside of the centre of London, which can help cut costs even further.

How to Save Money on Student Accommodation in London

Choose a room with less space: Another way to save on your London student accommodation is to opt for a smaller bedroom. This may seem like a big sacrifice at first, but it will be well worth it in the long run. You’ll be able to afford a better quality of accommodation, and you’ll also have more money left over for other expenses.

It’s important to set aside some of your budget for things that aren’t essential – such as entertainment or socialising. It can be easy to overspend if you’re not careful, so it’s best to keep track of your spending and only spend what you can afford.

Invest in an Oyster card: An Oyster card is a reusable smart card that allows you to travel on all forms of public transport in London at discounted rates. You can get one online or at a station, and it’s a much cheaper option than buying paper tickets.

Avoid expensive food and drink: It’s not necessary to live on a diet of frozen dinners and toast, but avoiding restaurants and fast-food outlets can save you a lot of money. Instead, cook at home and eat a variety of different meals to get the most out of your money.

In an increasingly digital world, practicing digital wellness is important for your overall well-being. Establish boundaries around your screen time and create tech-free zones within your accommodation. Take regular breaks from screens to engage in other activities such as reading, hobbies, or spending time with roommates. Prioritize quality sleep by avoiding screen time before bed. Be mindful of your online presence and practice responsible online behavior. Disconnecting from technology periodically allows you to recharge, reduce stress, and foster more meaningful connections within your accommodation community.

Student co-operatives are student-led housing organizations where members collectively manage and maintain the accommodation. These co-operatives offer affordable rents as they operate on a not-for-profit basis. In addition to cost savings, co-ops foster a strong sense of community and enable students to take an active role in decision-making processes.

For students who are only staying in London for a short period, such as for a summer program or an exchange program, short-term accommodation options are available. These may include hostels, budget hotels, or serviced apartments that offer flexible rental arrangements. While short-term accommodation is not typically a long-term solution, it can provide a temporary and affordable housing option for students.

Unless you’re studying at Le Cordon Bleu, it’s likely that your student housing will be in Zone 1 or higher. Zone 2 is generally cheaper, but it can still be a long commute to central London during rush hour. Try to stay as close to the university as possible to reduce your commute time and costs.