If you want to charge market rents you’d need to provide private bathrooms. Any apartment without a private bathroom is what we’d call a bedsit in the UK and it could be worth half the rent.
We’re talking about converting unused office space into affordable housing, though. Charging half the rent would qualify it as affordable housing and is still better than no income from an unused building.
If you want to charge market rents you’d need to provide private bathrooms. Any apartment without a private bathroom is what we’d call a bedsit in the UK and it could be worth half the rent.
We’re talking about converting unused office space into affordable housing, though. Charging half the rent would qualify it as affordable housing and is still better than no income from an unused building.