Vauxhall is a largely residential area in the London borough of Lambeth , offering inner city accommodation for a range of bank balances. While there are cheaper estates available for those wanting to find housing on a smaller budget, the area has also become somewhat gentrified in recent years. There are a few terraced areas that boast some impressive town houses that are a popular choice for members of parliament as well as affluent professionals. There are also many opportunities for business and light industrial properties throughout the area. Many companies have often been attracted to Vauxhall throughout the years due to its central location and reasonable rent when compared to areas such as Westminster.
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This is the reality facing a growing number of people, who, despite years of independence, are being forced back into renting with friends or strangers, because of the rocketing cost of living alone. This rise has been keenly felt by young families and single parents who are struggling to afford space for their children, according to charity Gingerbread. Flatshare websites such as spareroom. At the same time, more traditional communal living is under threat. Meanwhile, informal houseshares, whether arranged through private renting or property guardianship, are not going anywhere.