The real estate market is no place for the faint-hearted nowadays. But imagine living in a multi-million-dollar mansion on one of Britain's most prestigious streets, where you would often rub shoulders with celebrities and billionaires. Well, that's precisely the extraordinary life of Paula Sarmento, the middle-aged care worker with an inspiring story.
While most people might assume that such an opulent lifestyle is reserved for the rich and famous, Paula breaks the mold. By dedicating herself to night shifts caring for children with disabilities, she has found herself residing in the leafy, glamorous neighborhood of Hampstead, north London.
Next: 27 rooms, 12 bedrooms, three kitchens...need we say more?
This Victorian Villa Has Everything You Could Ever Want
Paula's story is not only inspiring but also a triumph over the challenging cost of living crisis. By finding her home in a breathtaking Victorian villa worth a jaw-dropping $22 million, she's defying the odds.
This three-story mansion is an architectural marvel, offering an astonishing 27 rooms, which include 12 bedrooms, three kitchens, eight bathrooms, and two dining rooms, all nestled within extensive grounds. Despite living in such luxury, Paula's practicality and dedication shine through as she continues to save money, thanks to her savvy financial planning.
Next: They live in luxury, but they're always on guard.
Guardians of the Posh Mansion
Nestled in one of Britain's most posh neighborhoods, this luxurious mansion is no ordinary residence—it's a haven for vigilant guardians! Squatters often target abandoned or derelict buildings. By renting out the estate, the property's owners not only deter unwelcome squatters but also offer its residents a unique and affordable living opportunity.
For as little as $180 a week, these guardians get to call this opulent mansion their home sweet home. So, while Paula enjoys the perks of living in this breathtaking setting, she also takes pride in safeguarding its historic charm and beauty from any potential intruders.
Next: This hidden gem is the perfect place to escape the hustle and bustle of London!
A Celebrity Hotspot with a Village Feel
Hampstead's frequent celebrity sightings adds an extra layer of allure to the neighborhood. Paula's experiences, where she frequently encounters celebrities during his visits to the area, speak to the charm of the community as a desirable place to live for those who relish both tranquility and proximity to the city's glamour.
One of the standout features of living in Hampstead is its ability to blend a village-like atmosphere with the convenience of a central London location. This unique balance sets Hampstead apart, creating a rare combination that offers residents the best of both worlds.
Next: Save thousands of dollars on legal fees and repairs.
A Win-Win Situation for Everyone
Property guardians like Paula play a crucial role in protecting vacant properties from squatters. Squatting can lead to costly and protracted legal battles for property owners, involving expenses for eviction procedures, property repairs, and rubbish removal. By living in and safeguarding the mansion, they prevent potential squatters from occupying the property, saving the owners from potential financial burdens that could exceed $20k.
Therefore, it offers a win-win situation for the residents and the property owners. Paula benefits from affordable housing, while the property owners gain the assurance of having responsible guardians on-site to protect their valuable assets.
Next: Live in a grand manor house or a cozy couples' haven—the choice is yours!
The Perfect Lifestyle for Large Groups or Couples
Paula's insights shed light on the diverse array of options that property guardianship offers. The beauty of this lifestyle lies in its flexibility and variety. From grand manor houses to luxurious mansions, the possibilities are vast and captivating. Shared living spaces are another facet of this lifestyle, enabling large groups of individuals to come together in expansive settings.
On the other hand, smaller living spaces cater to those seeking a more intimate environment. Couples looking for a cozy haven can opt for more compact accommodations that offer the same benefits of property guardianship but on a smaller scale.
Next: Live in a stunning mansion for just $1060/month!
Unique and Exciting Living Spaces Are the New Norm!
Living in a stunning mansion with an extra room, she pays $1060 each month, which, considering the lavish setting, is quite reasonable. However, rents for property guardians can start at even more affordable rates, like below $660 a month, making it an attractive option for many looking for affordable housing in prestigious neighborhoods.
For the residents, it's not just about affordable rent; being a property guardian often means living in unique and exciting spaces, like historic buildings or industrial warehouses. These spaces are transformed into vibrant communities where like-minded individuals share their lives, interests, and experiences.
Next: After the tragic loss of her partner, Paula found a new lease on life.
A New Way to Live in London
With average rents in London reaching an astonishing $2750 per month, many essential workers find themselves priced out of the market, struggling to secure affordable housing in a city where they play vital roles. Paula's decision to become a property guardian was not only a practical solution to her housing needs but also a turning point in her life.
The tragic loss of her partner compelled her to seek a new living arrangement. But by residing here, she found a way to live in unique and captivating spaces while also fulfilling a crucial role in safeguarding properties awaiting development.
Next: She traded in her boring room rentals for a life of adventure!
From Room Rentals to Remarkable Living Spaces
Paula's journey as a property guardian has been nothing short of adventurous, taking her from room rentals to remarkable living spaces. After her less-than-ideal experience renting a room in someone else's house, she found the opportunity to live in unique properties, and the offer was too intriguing to pass up.
Her first venture led her to a manor house in Hertfordshire, where she was immersed in the grandeur of its historic charm. From there, she embarked on an even more enchanting living arrangement, residing in a country cottage complete with a swimming pool—truly a slice of countryside paradise.
Next: Raise a glass to Paula's unique home filled with colorful characters.
Living the Pub Life
The journey didn't stop there; Paula's lifestyle led her to a fascinating and unconventional home in north London—a converted old pub with a captivating history. The icing on the cake was sharing this space with a diverse group of residents, including a BAFTA award-winning documentary maker, adding a touch of creativity to the living experience.
Beyond the physical beauty of these unique properties, Paula also embraced the sense of community and shared experiences that property guardianship brought into her life. Living with like-minded individuals who appreciate the value of unconventional living arrangements created an environment full of support.
Next: It's not for everyone, but Paula loves it!
The Joy of Living in a Construction Zone
Living in an empty or disused premise awaiting development has provided Paula with a series of adventurous homes. Despite the occasional challenges, the joy of exploration and the sense of community among fellow guardians keep her inspired and content.
However, as with any journey, there have been moments of adjustment. During her stay in one of the properties, the renovation work disrupted her sleep, prompting her to look for a new place that would suit her needs better. This search eventually led her to the current property she is living in, which seemed like the best deal she could've ever gotten.
Next: Paula loves her new home, but will she ever find another place as remarkable?
A Diverse Group of Individuals Call This Mansion Home
Paula expressed her concern that finding another place as remarkable will be a challenge. The area, the neighborhood, and the proximity to various shops have made her living experience truly special. She found herself in the company of diverse and interesting individuals who also call the mansion home.
Among them, a fashion designer brings creativity and flair to the atmosphere, a company manager contributes professionalism and organization, and a London Underground worker adds an essential touch of local connectivity and public service dedication. Together, this diverse group of individuals forms a vibrant microcosm within the mansion's walls.
Next: This mansion was once surrounded by 70 elegant villas.
A Property With a Past
The history of the huge property is steeped in grandeur and transformation. Originally built as a private home by a wealthy landowner, the property boasted a magnificent setting with 70 elegant villas adorning a tree-lined avenue inspired by the charm of Parisian boulevards.
Over time, it underwent a change of ownership, passing into the hands of a charity before eventually being acquired by developers in May 2018 for around $22 million. Now, with an eye on the future, the current owners have submitted a planning application to convert the mansion into 35 private flats.
Next: From music to movies, Hampstead has it all!
Where the Rich and Famous Go to Hide
Hampstead has long held an irresistible allure for the rich and influential across various fields. The picturesque neighborhood has drawn in a star-studded cast of residents, from celebrated artists and authors to iconic actors and pop sensations.
From the world of music, pop stars like Harry Styles and Liam Gallagher have graced the streets of Hampstead, adding their unique flair to the vibrant community. Not to be outdone, the world of acting also finds a place in this illustrious neighborhood. Dame Judi Dench has been among Hampstead's prestigious residents.
Next: If it's good enough for Taylor Swift, it's good enough for Paula!
Paula's Neighborhood is Taylor Swift Approved
With her own large bedroom and en-suite bathroom, Paula enjoys the luxury of a personal space that complements her vibrant lifestyle. On top of that, having her own office space allows her to work comfortably from home, striking a perfect balance between leisure and productivity.
Adding to the allure of her living arrangement, Paula's neighborhood has attracted the globally renowned singer-songwriter, Taylor Swift. The neighborhood's charm and appeal have made it a favored spot for Taylor, who has been seen enjoying the vibrant atmosphere of The Spaniards Inn, a popular pub.
Next: A place where great minds come to create.
A Neighborhood That Inspires
The allure of Hampstead's neighborhoods isn't recent; it dates far back, inspiring various works of intellectual and creative pieces. Among the illustrious former residents are some of the most celebrated names in literature, art, and acting.
The neighborhood provided inspiration for landscape painter John Constable, whose masterful depictions of nature captured the beauty of Hampstead Heath and its surrounding areas. The artistic legacy of Hampstead is further enriched by poet John Keats, who found solace and inspiration in the charming village atmosphere and the captivating wild green spaces.
Next: A modest studio rental in Hampstead costs $1870/month. Paula's mansion costs half that.
The Best of Both Worlds: Hampstead and the West End
The mansion boasts an enviable location in Hampstead, just a short 10-minute stroll from the charming cafes and bistros of the village. Additionally, the mansion's proximity to four stations provides convenient transportation options, enabling quick and efficient travel into the bustling West End in just 20 minutes.
For Paula, the appeal of living in this historic mansion goes beyond its stunning location and accessibility. In a neighborhood where even a modest studio rental could cost a hefty price tag of $1870 per month, she finds herself living a dream she never thought possible.
Next: Paula's budget-friendly mansion living strategy that oozes elegance.
Living Large on a Small Budget
The beauty of property guardianship lies in the freedom to personalize one's living space. By bringing her own furniture, Paula transforms the mansion into her own sanctuary, infusing it with her unique style and personality. This sense of ownership makes the space feel truly homely and comfortable.
Affordability is undoubtedly one of the most significant advantages. With all bills included, Paula pays less than $1100 a month for her exceptional living arrangement. This financial advantage allows her to allocate resources to other aspects of her life, opening up opportunities she might not have had in a traditional rental scenario.
Next: This unique agreement benefits both parties in unexpected ways.
A Free Pass to Affordable Luxury
Paula's resourcefulness shines through as she shares her savvy approach to transportation. Armed with an older person's freedom pass, she can now navigate the city without the burden of transport costs. While the perks of living in the mansion are abundant, Paula's situation is governed by the terms of a "license agreement."
Under these terms, guardians are required to vacate the property with 28 days' notice. This unique agreement allows property owners to retain a degree of control over the use of their properties while providing guardians with an opportunity to enjoy affordable and often luxurious living spaces.
Next: Keep your nose clean, your music down, and your visitors to a minimum.
A Home for Everyone, Except Party Animals
Within the Hampstead property, a sense of community and mutual respect is established through a set of house rules that all residents, including Paula, are expected to adhere to. Among these rules, a strict ban on illegal substances underscores the importance of a safe and secure atmosphere.
For helping maintain a peaceful ambiance, residents are kindly requested to refrain from playing loud music or hosting parties that might disrupt the tranquility of the space. Additionally, there are guidelines around visitor limits to strike a balance between personal interactions and the shared living experience.
Next: No kids, no pets, and no responsibilities? Property guardianship is perfect for young adults.
The Perks of Living in an Abandoned Hospital
Becoming a property guardian comes with specific criteria that help maintain a certain atmosphere within the properties. To qualify, guardians like Paula must be at least 21 years old and hold a job. This requirement ensures that residents are responsible and can contribute to the upkeep of the living environment.
Additionally, the properties adhere to a no-children and no-pets policy. The concept depicted in the comedy series "Crashing" shows the lifestyle that Paula enjoys. In the show, a group of young adults live together as property guardians in a disused hospital, navigating their way through unconventional living arrangements.
Next: Eight years in, Paula still loves her unconventional lifestyle.
Eight Years of Breaking Boundaries
Having embraced this lifestyle for eight years, Paula recognizes that it may not be suitable for everyone, yet it has proven to be a rewarding way of life. Her journey reflects the allure of unconventional living, where individuals can break free from the norms of traditional housing and embrace a lifestyle that celebrates diversity, creativity, and the joy of making extraordinary spaces their own.
In Paula's words, property guardianship is indeed a remarkable way of life—one that offers not only a place to live but a chance to immerse oneself in captivating surroundings and find a sense of belonging in spaces that may have once seemed out of reach.
Next: Paula's extraordinary life choice paints her retirement with vibrant hues.
A Lifetime of Unforgettable Connections
Paula plans to continue on this path for many years, even until retirement, reflecting the deep satisfaction and contentment she derives from her current way of life. One of the remarkable aspects of being a property guardian is the opportunity to connect with a diverse range of individuals.
Property guardians come from all corners of society, encompassing a wide spectrum of professions, interests, and backgrounds. The community is a melting pot of talents, experiences, and stories, from entertainers to engineers, taxi drivers, and teachers. This mix of individuals enriches the collective living experience, fostering a sense of mutual respect!
Next: Paula's approach turns diversity into a shared living bliss.
Paula's Recipe for Harmony and Autonomy!
The beauty of this lifestyle lies in the fact that everyone has their own space within the shared environment, allowing for a balance between personal autonomy and communal living. Paula recognizes that living with a diverse group of people requires a degree of flexibility and a willingness to accept individual differences.
In any living situation, challenges may arise, and people may exhibit various behaviors. However, Paula's openness and patience shine through as she shares that communication and understanding were key despite encountering a person with whom she had differences.
Next: Find out how vacant properties are turning into havens for the housing-deprived.
London's Housing Desperation Meets Guardian Angels
Said Hamed, representing Live-in Guardians, specialists in managing vacant properties, highlights a pressing issue that affects urban areas, particularly London. The challenge revolves around the scarcity of affordable housing coupled with the simultaneous presence of numerous vacant properties. This situation spotlights a disturbing imbalance within the housing market.
The housing crisis, characterized by a shortage of affordable options for many individuals, poses significant social and economic challenges. On the other hand, vacant properties represent an untapped resource that could address part of this issue. Property guardianship offers a solution that bridges this gap.
Next: Can you afford to live in London? This new housing trend could be the answer.
New Way to Live In London Without Breaking the Bank
The growing trend of house guardianship is a clear response to the escalating cost of living, particularly evident in cities like London. As estimates reveal, there are approximately 30,000 long-term vacant properties in London alone—a staggering number indicating the housing challenge's magnitude.
The increasing cost of living has prompted more individuals to explore alternative housing solutions like property guardianship. As housing costs continue to rise, this method offers a practical and financially feasible option for individuals who seek secure and well-maintained living spaces without exorbitant rents.
Next: This innovative housing solution is helping to address two major problems at once.
The New Answer to the Housing Crisis?
The growing popularity of property guardianship reflects a shift in how people perceive housing as they seek out innovative ways to address their housing needs. This trend benefits individuals by providing affordable options and contributes to the revitalization of vacant properties and the communities they are situated in.
Said's insights highlight the urgency of finding solutions to address the affordable housing crisis and the issue of empty properties. Property guardianship offers a perfect answer to these challenges, creating a win-win scenario where individuals gain access to unique living spaces while helping to rejuvenate neighborhoods.
Next: How the rising cost of living changes the property guardians demographic.
The Affordable Housing Solution for People of All Ages
Said's observations shed light on the evolving demographic of property guardians, highlighting a shift driven by the changing economic landscape. While in the past, property guardianship might have predominantly attracted individuals between the ages of 20 and 30, the rising cost of living has led to a diversification of the guardian population.
The fact that their oldest guardian is 70 years old and their youngest starts at 21 further emphasizes the broad appeal of this housing solution. It shows how guardianship accommodates individuals, from recent graduates to retirees, at various points in their lives.
Next: These relationships are more than just roommates—they're a family.
More Than Just a Unique Living Arrangement
Paula's experience as a property guardian has brought more than just a unique living arrangement—it has enriched her life with meaningful connections. These bonds, formed within the shared spaces of vacant properties, last beyond the physical locations, creating lasting relationships that exceed the living environment.
The sense of harmony that emerges from living as property guardians establishes a network of individuals with similar values and experiences. This network extends beyond the properties' boundaries, allowing residents to maintain connections and friendships long after they have moved on.
Next: It's not just about the beauty; it's about the lifestyle.
Why Hampstead Is the Dream Destination for So Many
After getting a taste of Hampstead's charming lifestyle, Paula can't reimagine going back to her monotonous life again. If she could choose her permanent residence without any financial constraints, her first choice would be to reside in the gorgeous Georgian houses of Hampstead. Her aspiration to live in such a prestigious neighborhood mirrors the dreams of many captivated by the neighborhood’s charm, longing for a place that embodies beauty and prestige.
It's a reminder that Hampstead's allure transcends its physical beauty; it represents a dream of a particular way of life—a life marked by sophistication, history, and blending of urban and rural elements.