'Twodios' apartments for UK millennials who do not want to flatshare

The Collective, a new 11 storey tower in London’s Willesden Green, housing 550 residents in a variety of tiny 10sqm apartments priced at £1,100pcm, is claiming to be the world’s largest co-living scheme. Directed towards UK millennials who do not want to flatshare, the co-living spaces were devised to offer a cost-effective solution to the rising costs of renting the capital’s studios and one bedroom apartments at £1,300-2,200pcm for young professionals earning £25,000 to £50,000 per year. From September 2016, tenants will agree 9 or 12 month contracts to share facilities such as a rooftop terrace, library and games room. Company executives suggest the co-living concept could help increase the career opportunities for new graduates previously priced out of the capital’s housing market.

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Young graduates moving to London might think they've finally put the days of university halls of residence behind them.

But a solution to the capital's housing crisis could see them move into buildings which are remarkably similar to university digs, albeit rather more upmarket.

So-called 'twodios', like those just finished in Willesden, offer young professionals a private room and bathroom with a kitchen shared between two people.

Residents get a small, 10 metres square room as well as access to a shared kitchen and a number of other communal facilities

This 550-bedroom, 11-storey tower (pictured in an artist's impression) offers young professions university halls-style living in west London

The building charges rents starting from £1,000-a-month for a small room, but that includes bills, cleaning and use the facilities

The £1,100-a-month rent might seem a bit steep for a bedroom which is just 10 square metres in size, but the company behind 'The Collective' scheme says that includes cleaning, linen and bills.

The tower - which overlooks Willesden Junction station - is being billed as 'the world's largest co-living scheme'. The 550 residents of the 11-storey tower also get the use of a roof-top terrace, library and games room.

Bosses hope the building will not degenerate into the squalor of some halls of residence however, and could evict anyone who doesn't clean their kitchen.

It comes after a report last year found that new graduates are being prevented from taking jobs in the capital because they cannot afford the rapidly-rising rents.

The scheme is designed as an alternative to flat-sharing, which is all most young people can afford

The company behind the scheme are already working on similar buildings in other parts of the capital

The trendy interiors are designed to attract recent graduates and young professionals moving to London

The cost of flat-sharing has risen by more than a quarter in the last decade, meaning many can't even afford a room in a flat with strangers.

Those behind the Collective building are hoping the twodios could offer the answer and are now working on a second development in Stratford, east London.

The company also has what it calls 'co-living spaces' in Acton, Camden, Hyde Park, King's Cross and Notting Hill.

CEO Reza Merchant, told MailOnline said: 'The people who are moving in for the first time on Monday are typically young professionals earning between £20,000 to £50,000 a year.

'They've seen that the options for living in London at the moment are pretty poor. They face either moving into an illegally converted houseshare or paying a fortune to rent.

'This is a much-needed option for capital's housing crisis. I think the people who are moving here are keen for a good experience rather than trying to save and buy their own home.'

The building includes a gym, launderette, spa, cinema, rooftop terrace, games room, library (pictured)

The building contains three dining rooms which organisers say will allow residents to entertain friends. This one is in the style of a gastro pub

While residents have a rather cramped private space, there is a number of communal areas, including this 'secret garden' room

Tenants agree a fixed term to live in one of the rooms. To start with, many are agreeing short term deals for the summer, but from September, many will start nine or 12-month contracts.

Searches show one-bedroom and studio flats in the area are currently on the market for between £1,300-a-month and £2,200-a-month.

A series of horror stories have emerged in recent years of conditions being offered by unscrupulous flatshare landlords in London, with tenants crammed into rooms and extortionate rents being charged.

Other newcomers to the capital have found themselves taken to see 'flats' which turn out to be tiny rooms which kitchens and toilets fitted next to beds, and fold-out tables on which to eat.

Last summer, MailOnline told how a flat the size of a snooker table had gone up for rent for £400-a-week in central London.