Is this the future of renting for London Millennials? Causing a stir in the capital's property market is The Collective - a style of living aimed at post graduates. It's a cross between halls of residence, studio flats, bedsits and house shares - with a contemporary edge and a slick of grown-up gloss.

This new type of accommodation even has a nickname - 'twodios' - referring to the set- up that sees two tenants sharing a communal kitchen but each having an en-suite bedroom. 

Socialising is conducted in shared spaces, such as lounges, libraries, games rooms and roof top terraces - fostering a community spirit and perhaps providing a place for business ideas to be exchanged.

To simplify life, all cleaning, bills and linen is included in the monthly rent, with a concierge at the front desk for security and super-fast broadband throughout the building.

There are already a number of 'Collectives' in London.

What do you think? Is this a great solution to the lack of rental property in London or does the thought of sharing your space with strangers leave you cold?