House sharing is not a new concept — students and young people have been renting rooms in communal houses for years. But co-living is a modern take on shared homes that offers far more than a cheap box room in a run-down town house.
Millennial and Gen Z young professionals are looking for luxury, holistic homes where they can live, work and build their own communities under one roof. Let’s take a look at why co-living is the future.
What is co-living?
Co-living is modern, design-led shared housing that offers residents a complete, comfortable, collective living experience. Purpose-built co-living spaces are well managed, well maintained and designed to offer easy living without the stress of searching for roommates or navigating shared bills.
Co-living properties often incorporate shared spaces such as kitchens, social areas, co-working hubs and gyms. Residents have the ideal balance between the privacy of their ensuite room and instant access to the companionship of like-minded people in their co-living community.
Why choose co-living for your future?
Co-living is evolving to meet the economic, social, lifestyle and working patterns of modern people and offers numerous benefits.
Connection, community and companionship
Co-living spaces are designed to build communities and provide companionship. Social spaces, cafes, bars and working areas offer young people a safe base where they can interact and share experiences. Some co-living homes facilitate social events and in-house entertainment to help bring people together and foster a sense of belonging.
Because of the pandemic, remote working is the norm for many young professionals. But working alone in a room where you also live and sleep, can lead to loneliness and be detrimental to mental health. With co-living, remote doesn’t have to mean isolated.
Shared workspaces within co-living properties nurture entrepreneurial minds, facilitate companionship, and allow young professionals to network and collaborate.
Flexible and convenient
Many co-living properties offer flexible contracts from a few days to longer-term, and require one, transparent monthly fee that covers everything from rent to bills to WiFi. Residents deal directly with the management of the co-living property, so can avoid awkward searches for prospective housemates, or complicated arrangements for sharing out and paying the bills.
The architectural design and in-built technology of co-living spaces make them convenient and accommodating to modern lifestyles. Residents can move easily from social to private to workspaces, and enjoy a community and amenities, all within four walls. Often located in the heart of buzzing cities, co-living homes have the world on their doorstep.
Affordable
With young professionals struggling to get on the property ladder, many see renting as their future. Renting a single occupancy property is expensive and can be lonely. For those who want a high standard of living and a sense of community, co-living is an affordable and good value option.
Co-living companies also make savings for their residents by offering fully furnished rooms and by-passing letting agents and their fees.
Sustainable
The co-living revolution is also part of the solution to combat climate change. Co-living properties are often converted from inefficient or dated buildings and renovated to modern standards for a new lease of life. Buildings converted to co-living spaces becomemuch more energy efficient than traditional alternatives because, for example, insulation, windows, heating systems and kitchen appliances are all upgraded.
But the real efficiency of co-living is that multiple households can live under one roof rather than in numerous separate buildings, each consuming independent resources. As such, co-living promotes lowered energy use, as well as reduced waste and shared resources and assets.
At Landhaven, we design every home to minimise environmental impact — all our homes are well insulated and as energy-efficient as possible.
Co-Haven is our next generation, sustainable approach to shared houses in Bristol. Co-Haven offers bespoke, high-quality homes for professionals to enjoy connected, comfortable living.
To find your ideal co-living home and join the quiet revolution of Co-Haven, talk to us.
