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Manhattan-style living: three reasons to buy a studio home
Studio apartments in London have been rising in popularity in recent years, with these compact homes favoured for being a more affordable, more energy-efficient investment and for offering flexible layouts ideal for city living.
So, what is a studio-type apartment? With square footage comparable to a one-bedroom apartment, a studio is a secluded apartment that integrates your kitchen, living and bedroom spaces into a single, cleverly designed open-plan room, allowing you to live in the home, your way.
Is it worth living in a studio apartment?
We run through a few reasons why studio apartment living could be just right for you:
- Affordability: Studio apartments are often more affordable than larger units, both in terms of the initial purchase price and the day-to-day running costs such as energy bills. This can make them a great option for first-time buyers or investors looking to purchase a home in a desirable city location.
- Low maintenance and stylish use of space: With less space to clean and maintain, studio apartments are perfect for those seeking a minimalist lifestyle. The compact size means household chores like vacuuming and organising are quicker and easier to manage. Studio apartments encourage you to be creative with storage and furniture arrangements – removing traditional spaces means you can lay out your home just how you like it, giving you total creative freedom.
- Eco-friendly apartment living: Often thought of as ‘eco studios’, newbuild studios could be the energy-efficient investment you’re looking for. According to the Home Builders Federation, 86% of newbuilds achieved the highest levels of energy performance (A or B EPC), compared with just 5% of older properties. Added to this, the compact nature of studio homes makes them easier to heat, resulting in lower bills and an all-important improved carbon footprint.
Ready to find your perfect city studio?
Introducing Prime Point, L&Q’s new development in the sought-after Greenwich Peninsula.
Prime Point offers a collection of studio layouts called The Manhattan. These Manhattan-style apartments make the best of city living. The layouts provide flexible spaces and storage, plus a private balcony.
Located within Brickfields – one of seven new neighbourhoods in the 150-acre Greenwich Peninsula masterplan on the banks of the River Thames – Prime Point is perfectly positioned, with a breadth of cultural amenities, open spaces and convenient transport links on the doorstep.
Prime Point offers excellent connectivity for commuters, with multiple transport options within walking distance, including North Greenwich Underground Station, North Greenwich Pier, and the IFS Cloud Cable Car, which soars over the Thames to the Royal Docks. On the tube, the Jubilee line to London Bridge and Westminster takes 8 and 13 minutes respectively, whilst Canary Wharf is just 2 minutes away.