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London Living

post #1 of 21
Thread Starter 
Searched the archives, but was not able to find anything on this topic.

I have a shot at a position based in London (City). I'm trying to put together a sense of budget and neighborhoods.

Would appreciate advice on decent areas to live and ideas on rent ranges.

Notes:
I do not want to have a car
post #2 of 21
Quote:
Originally Posted by countdemoney View Post
Searched the archives, but was not able to find anything on this topic.

I have a shot at a position based in London (City). I'm trying to put together a sense of budget and neighborhoods.

Would appreciate advice on decent areas to live and ideas on rent ranges.

Notes:
I do not want to have a car

What exactly do you want to know?

Everything depends onwhat you want. Standard of accomodation, types of restaurants, type of bar, etc...

K
post #3 of 21
^Where the hell have you been hiding at???
post #4 of 21
Thread Starter 
Quote:
Originally Posted by VKK3450 View Post
What exactly do you want to know?

Everything depends onwhat you want. Standard of accomodation, types of restaurants, type of bar, etc...

K

I don't have a frame of reference, but let me try.

studio or 1 bedroom flat, 55-90 sq meters. young professional neighborhood.

Something like Chicago's Lincoln Park

http://en.wikipedia.org/wiki/Lincoln_Park,_Chicago
post #5 of 21
Quote:
Originally Posted by Rambo View Post
^Where the hell have you been hiding at???

Who? What? Huh?


Quote:
Originally Posted by countdemoney View Post
I don't have a frame of reference, but let me try.

studio or 1 bedroom flat, 55-90 sq meters. young professional neighborhood.

Something like Chicago's Lincoln Park

http://en.wikipedia.org/wiki/Lincoln_Park,_Chicago

I've never been to Lincoln Park, but I'd figure mid 300s to mid 400s per week for a decent 1 bedroom in most parts of town that would be appealing to young professionals earning a decent wage. I guess you can get down to low 3s / high 2s if you live in Dalston or something...

K
post #6 of 21
http://www.propertyinvesting.net/cgi...mmand=viewonex London population density maps, postcode maps, health maps, tube maps, train maps, road maps. etc. etc. Had a mate who lived in EC1, seemed to be quite a lot of young professionals around there (his wife is a risk manager for GS). But I've not lived in London for over twenty years so a bit rusty...
post #7 of 21
Thread Starter 
Excellent responses. Thanks.
post #8 of 21
Quote:
Originally Posted by VKK3450 View Post
Who? What? Huh?
Never see you around the What Did You Do Last Night thread any more. Or anywhere else for that matter.
post #9 of 21
You can take a look at Foxtons (foxtons.co.uk). They are the shysters of the property market, but they are big so it gives you an idea of what rental prices are like in different parts of town.

I live in Primrose Hill and love it. Depending on what you like you can also think about Notting Hill, Maida Vale, Chelsea, Kensington, Clerkenwell, Islington / Angel, Clapham, etc...

Each has its own merits.

K
post #10 of 21
Quote:
Originally Posted by Rambo View Post
Never see you around the What Did You Do Last Night thread any more. Or anywhere else for that matter.

Yea, I guess I've been busy lately.

For what its worth, I would have been rolling pretty hard this summer!

K
post #11 of 21
Quote:
Originally Posted by VKK3450 View Post
You can take a look at Foxtons (foxtons.co.uk). They are the shysters of the property market, but they are big so it gives you an idea of what rental prices are like in different parts of town.

I live in Primrose Hill and love it. Depending on what you like you can also think about Notting Hill, Maida Vale, Chelsea, Kensington, Clerkenwell, Islington / Angel, Clapham, etc...

Each has its own merits.

K

If you live in Notting Hill you might run in to Julia Roberts.
post #12 of 21
I moved from NYC to London, living expense is definitely higher here (raw ingridents are cheaper though), no idea about Chicago, been there but never lived there.

You will be working in Bank or Canary Wharf? I looked at 3 location after I moved here, Angel/London Bridge/Canary Wharf. Decided against Canary Wharf pretty fast, Angel is better, but also more expensive and longer commute than London Bridge. I have friends who live in Waterloo for quite a bit less than I what I pay. Also you can always live in Mayfair, all depends on how much you want to pay. How much you want to spend is probably the first thing you should really ask.

Honestly though it doesn't really matter where you stay, it's better to stay in a shitty area but where your friends are than a nice neighborhood where you don't know anyone (slightly exaggerating). Of course if you came here without knowing anyone (my case), then it doesn't really matter.
post #13 of 21
I don't know Chicago that well ... but I'd imagine the living expenses of London are greater. Of course, the opportunity to live in London makes up for just about any sacrifice.
post #14 of 21
Thread Starter 
Loving all the advice so far. I've also lived in San Francisco if that's more helpful for anyone.

I know I'm going to pay substantially more for less. Just trying to get a baseline for what I will get. As with any big city, it's always possible to pay more.
post #15 of 21
Until recently I considered the Bay Area my permanent residence ... and London is more expensive.

As for living in London -- as with New York -- from my perspective it is best enjoyed by those who are younger (20s, 30s, 40s). After a certain point in time -- and I've reached that point -- one must be truly wealthy to enjoy it. This is why I'm giving up on both London & New York.
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