In a notable housing story from Oldham, Greater Manchester, 22-year-old estate agent Elise Holt has found a distinctive solution to rising property costs by living in a “granny annexe” situated in her grandmother’s backyard. The compact residence, measuring 300 square feet, was initially constructed by her grandmother, Beverley, 71, for Elise’s great-grandmother, Winnie. Originally costing Beverley £17,000, the annexe was transformed into a leisure area featuring a pool table and fruit machine following Winnie’s passing.

Elise’s original plan was to stay temporarily at her grandmother’s home while refurbishing her room at her parents’ house. However, she soon made the decision not to return to her childhood home and has now lived in the annexe for four years. By opting for this alternative living arrangement, Elise has managed to save approximately £10,000 towards a house deposit. The average one-bedroom flat in her area is reported by the Office for National Statistics to cost around £605 per month, leading Elise to estimate that she has evaded around £19,000 in rent payments over her time in the annexe.

Speaking about her unique living situation, Elise remarked, “With my job [as an estate agent] I take all the photos for the properties we sell. When I tell people I show houses to I live in my nan’s back garden, everyone is shocked and thinks it’s so cool.” This unconventional setup has not only yielded financial savings but has also provided a welcome respite from her three younger siblings.

Elise enjoys a supportive arrangement with her grandmother, who is not inclined to charge her much. “I don’t pay much, my nan doesn’t ask much from me, she’s just happy to have me,” Elise said, adding that this dynamic allows her to save money for her future. Having viewed moving into the annexe at the age of 18 as “a good opportunity to gain some independence,” she now shares the space with her partner, Lucus, 24, an engineer, as well as their two cats, Kalvin and Simba.

Elise has personalised the annexe since moving in, making the most of its fresh decor following a recent renovation by her grandmother and her partner, Mark, 52. “It’s a good size, compared to some one-bed flats—it could be bigger,” she concluded, speaking to the potential advantages of her living situation.

This innovative approach to housing amid escalating property prices reflects a growing trend among young adults seeking alternative living arrangements to achieve financial independence while maintaining family connections.

Source: Noah Wire Services