London's abandoned warehouses are being transformed into giant living spaces that can be rented for just £500 a month
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- These huge London spaces can be rented from only £500 per month.
- Property Guardian Protection (PGP) offers a range of properties across trendy London boroughs.
- Many of the properties come with studios and other communal spaces.
- Each building is fitted with fire alarms and CCTV.
Property Guardianship has become a popular way to live cheaply in London. It allows people to rent buildings that are abandoned and about to be developed. These buildings are often warehouses or commercial spaces, and some even come with photography studios and music studios.
Property Guardian Protection is one of the companies renting out these spaces. They install kitchens, toilets, and fire alarms in each building. Reception rooms and Wi-Fi are also installed and bills are all included in the agreement.
Guardians sign a licence agreement rather than a tenancy, which has a 28 day notice period. When the building is eventually developed the guardians have to move. Guardians are given priority on new spaces when this happens.
Produced by Charlie Floyd