Is Self Storage Worth It? Everything you need to know in 2024

Thinking about renting a storage unit? With houses getting smaller and stuff seemingly multiplying overnight, it's no wonder storage units are popping up everywhere. But before you make that investment every month, let's talk about whether it's actually worth it - and what you need to know to make the most of it. 

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When Storage Actually Makes Sense

Sometimes life throws you a curveball and you need somewhere to put your stuff. Moving house? A storage unit can save your sanity when you're between homes. Renovating? Much better to keep your furniture safe in storage than trying to squeeze it all into one room while the builders take over.

Small business owners, listen up - storage units can be a game-changer. If your spare room is drowning in inventory or you're tired of tripping over business supplies, a storage unit is way cheaper than renting a proper warehouse. Plus, you get your house back.

How Much Does It Cost?

Let's talk about what you can expect to pay for storage. Prices vary depending on what you need - a small unit of 15 sq. ft. starts from around £33 a month, while larger units of 100 sq. ft cost an average of around £226. Pretty reasonable when you think about the security and convenience you're getting.

Most facilities include insurance for your items, and you'll need to put down a security deposit when you start - just like renting a house. Some places also offer 24/7 access for a bit extra, which can be really handy if you need flexible access to your stuff.

Here's a tip - facilities often run special deals for new customers. Some offer the first month half-price, others might throw in free insurance. Always worth asking what offers they've got going.

Making Sure It's Worth It

Before you start loading up that van, stop and think for a minute. Have a proper look at what you're planning to store. That old sofa you're keeping "just in case"? If you haven't used something in ages, storing it probably isn't worth the money.

Do this quick sum: work out how much a year of storage will cost you. Now look at your stuff - could you replace it all for less than that? If yes, maybe it's time to sell instead of store.

Getting Organised 

If you've decided storage is the way to go, don't just chuck everything in there and hope for the best. Trust us, you'll regret that approach pretty quickly. Here are some must-dos:

• Label your boxes properly - you'll thank yourself later
• Keep things you might need soon near the front
• Stack boxes so you can actually reach them
• Take photos of what's in each box (your future self will love you for this)

What to Store (and What to Get Rid Of)

Some things are worth storing:
• Proper furniture you know you'll use again
• Seasonal stuff like Christmas decorations
• Actually valuable items you can't fit at home
• Business stock and equipment

But seriously, don't bother storing:
• Clothes that haven't fit in years
• Ancient electronics
• Random furniture you might "do up someday"
• Books you'll never read again

Some Alternatives To Consider

Sometimes all you need is a good clear-out. Local charity shops are always a good option to make donations, and you'd be amazed what sells on Facebook Marketplace these days.

Or get creative with your space at home. Those vacuum storage bags are brilliant for squishing down winter clothes in summer. And there's usually loads of unused space under beds or in atriums that could work harder.

The Real Talk

Here's the thing about storage units - they're brilliant when you actually need them. But they can also be a really expensive way to avoid making decisions about your stuff. If you're only storing things because you feel guilty about getting rid of them, or because you "might" need them someday, you're probably better off selling or donating.

But if you're in the middle of a move, running out of space for your business, or dealing with any other situation where you genuinely need temporary space - go for it. Just make sure you've got a plan for how long you'll need it, and try to get the smallest unit that'll do the job.

Remember - the best storage solution isn't always a storage unit. Sometimes it's just having less stuff in the first place.

Quick Money-Saving Tips

Storage can get expensive fast, so here's how to keep costs down:
• Look at facilities a bit further out - they're usually cheaper
• Share a bigger unit with family or friends
• Ask about discounts for longer stays
• Only get climate control if you really need it (most stuff doesn't)

The main thing is to be honest with yourself about whether you really need storage. It's not worth paying monthly fees just to store stuff you don't actually want or need. But when you do need it? It can be a proper lifesaver.

Find Storage Near You

 

Choose from thousands of local storage spaces near you

Find Storage Near You