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The Benefits of Self Storage: Is a Storage Unit Worth It?

By Julia

3 May, 20245 mins read

If you’re getting ready for a big move or trying to declutter and make more space in your home, you might be considering renting a self storage unit for the first time. On the one hand, self storage provides a temporary home that’s safe and secure for almost anything, which is great during transitional periods. On the other, there are probably other ways you’d rather spend your money. 

The big question is then: is a storage unit worth it?

In this post, we’ll explore the pros and cons of storage units and debunk some of the common misconceptions surrounding the value that self storage offers. Whether you’re a first-time storer or a long-term hoarder, we’re here to guide you through the benefits of self storage and decide whether a storage unit is really worth the cost. 

Different Types & Sizes

Self storage units come in many different shapes and sizes, and one of the most important things to consider when weighing up the cost of your unit is the type of storage you need, which will depend on what you’re storing. 

Before we go any deeper into the pros and cons of storage units, let’s take a quick look at the most common types of storage: 

  • Climate-Controlled Units: These are great for protecting fragile items from extreme temperatures and humidity. They are ideal for storing antiques, musical instruments, electronics and important documents as they provide a stable environment — particularly in places prone to extreme weather.
  • Drive-Up Units: When it comes to self storage, drive-up units are the epitome of convenience as they allow you to drive right up to the door, making it easy to load and unload. They are perfect for storing tools, vehicles or any goods you might need frequent access to.
  • Indoor Units: Usually found in secure buildings, these units may offer enhanced security. Indoor storage centres often provide units in many different sizes, from small boxes to large rooms, making them a good choice for those who only need a small unit. 
  • Portable Units: These containers offer flexibility for those who are moving or need temporary storage at different locations. Portable storage is convenient, as you can load your belongings at your own pace and have the container moved to a secure location when it’s ready.
  • Vehicle Storage Units: This specialised storage type is designed to accommodate cars, boats, caravans and motorbikes, protecting them from the elements and providing security during the off-season.

By understanding the features and benefits of different types of storage, you can make an informed decision that aligns with your needs and budget.

Safety & Security

When it comes to storing your belongings, security is often a top priority. Self storage units usually provide much tighter security compared to a typical home, so you can rest assured that your items are safe from theft and accidents.

  • Advanced Security Systems: Self storage facilities are equipped with robust security features, including 24/7 CCTV surveillance. This continuous monitoring helps to deter thieves, which is important considering that homes, often seen as easier targets by criminals, may not always have such security measures in place.
  • Controlled Access: Unlike your garage or shed, access to self storage units is strictly controlled. Many facilities require a sign-in system for tracking visitors and only authorised personnel have entry access. This greatly reduces the risk of unauthorised entry, providing an added layer of security that home storage simply can’t match.
  • Reduced Risk of Accidents: Compared to a storage unit, homes are more susceptible to various accidents, such as fires or flooding, which can damage or destroy valuables. Self storage units are specifically designed to mitigate these risks. 

Built with safety in mind, many are built with fire-resistant materials and are located away from flood-prone areas, ensuring that your belongings are not only secure from theft but also from environmental threats and adverse weather. 

Self storage not only provides advanced security features but also reduces the potential risks associated with accidents. At Pay Less For Storage, all our sites feature 24/7 CCTV surveillance, steel perimeter fencing and electronically controlled access. 

Environmental Risks

While your loft, cellar, shed or garage can all act as cheap storage spaces, it’s important to remember that your items could be at greater risk from humidity, temperature changes and pests. Storing your belongings in these areas may not be ideal as they can become damp, mouldy or damaged by fluctuating temperatures.

  • Consistent Conditions: Unlike typical home storage spaces, self storage units are better at maintaining a consistent level of humidity and temperature — especially those equipped with climate control. This is crucial for preserving the integrity of delicate items such as clothing, electronics, books and furniture.
  • Pest Protection: In addition to regulating climate, storage units are designed to be pest-free. Whether it’s moths or mice, the risks of infestations are significantly lower than in less secure and uncontrolled environments like garages or lofts, where pests can cause considerable damage to your belongings.
  • Ideal for Valuables: For anyone storing valuable and fragile items, environmental conditions are key. Climate-controlled storage units offer the best protection against the damage and degradation that may occur from exposure to extreme temperatures and moisture. 

A self storage unit helps ensure that your belongings are stored in optimal conditions, reducing the risk of damage and extending the lifespan of your items.

Flexible Contracts

The terms and conditions that come with renting a storage unit vary from one provider to the next. However, in most cases, providers will let you choose a minimum term for your unit that will become a monthly rolling contract once the initial term comes to an end. 

At Pay Less For Storage, we understand the value of convenience and flexibility, so we’ve taken things a step further to provide convenient terms that can cater to ever-changing circumstances, without long-term commitments. Here’s how: 

  • No Notice Period Required: You can decide to end your contract and clear out your unit on the same day.
  • Short Contracts: Our minimum rental period is just two months, which means you don’t need to make any lengthy commitments. 

Our approach ensures that you have the storage you need with the flexibility you want, making Pay Less For Storage an ideal choice for both short-term and long-term storage.

Pro Tip: Some providers may also offer weekly billing, which could save you money when it comes to emptying your unit. For example, if you move out on the first day of the month, you’ll only need to pay for one week as opposed to the whole month. 

Common Misconceptions

There are several misconceptions about the value, convenience and practicality of self storage. Often, these misconceptions result from bad experiences with both reputable and untrustworthy providers or they stem from a lack of understanding about the true value that self storage can offer. 

In this section, we aim to clarify these misunderstandings and present a clearer picture of how self storage can be a practical and valuable solution under the right circumstances.

  1. “Self storage units are expensive”

Some self storage units cost more than others, but that doesn’t mean they’re ‘expensive’ — for a start, not all providers charge the same rate. However, before considering the cost of a storage unit it’s important to consider the value that it offers, which ultimately comes down to working out how much you stand to benefit. 

Here are some things to consider to help evaluate the benefit (and value) of a storage unit:

  • Value of Items: Estimate the current value of the items you plan to store.
  • Depreciation Shield: Determine how much value is preserved by storing these items.
  • Monthly Cost: The fee you pay for your storage unit each month.
  • Months: The duration for which you plan to use the storage unit.

By weighing up the monetary and sentimental value of your items against the cost of storing them, you’ll be able to better assess whether the ‘expense’ can be justified by the value it protects or adds.

  1. “Self storage units are inconvenient”

It’s true — the most convenient place to store anything would be in your own home. However, unless you have somewhere that’s secure, climate-controlled and impenetrable to pests, it’s unlikely your home will be a suitable place to store anything of significant value. 

The best way to have convenient access to your stored items is to find a storage unit that is close to home and offers: 

  • 24-hour access
  • Drive-up units
  • Flexible contracts

For more information on how to find the perfect storage unit for your needs, check out our guide on How to Choose a Storage Unit.

  1. “You probably don’t need what is in your self storage unit”

There’s only one person who can truly assess the value and necessity of what you’re storing: you. If you find that months have passed without any need to access your stored items, it might be time to reevaluate what you keep there. 

Here are some points to consider:

  • Purpose: Reflect on why you first chose to get self storage. Is it serving its intended purpose?
  • Inventory: Review what’s stored and decide what you’re willing to continue spending money on to keep it in storage. 
  • Duration: How long do you plan to keep your items in storage? Used as a temporary home for important, valuable and sentimental items, self storage can provide immense value. However, for things you no longer want or need, storage might not be the best solution. 
  1. “It’s better to upgrade your home storage”

If you have the time, space and budget to renovate your garage, loft or cellar and turn it into a purpose-built storage space, then that probably is the best solution. However, most people don’t have the resources for such a project. 

That said, if you are thinking about creating your own storage space at home, here are some things to keep in mind: 

  • Cost Efficiency: Renovations can be costly and involve long-term commitments, whereas self storage offers a flexible, low-cost alternative.
  • Flexibility: Self storage allows you to adjust your space as your needs change, without permanent alterations to your home.
  • Specialist Conditions: Self storage facilities can provide climate-controlled environments that are ideal for sensitive items, which are often challenging and expensive to replicate at home.
  • Temporary Solutions: For short-term storage needs, self storage is a practical, non-invasive option.

Improving your home storage is only beneficial if it’s feasible, but self storage offers accessible, secure and adaptable solutions that may better suit your immediate needs.

Whether or not storage units are worth it will all depend on you, your needs and the items you’re storing.

At Pay Less For Storage, we focus on the most important aspects of storage — security, convenience, cleanliness and flexibility — while keeping our overheads (marketing and utilities) to a minimum. In doing so, we’re able to offer safe and secure storage at a competitive price. 

FAQs

Is it worth it to put things in storage?

Yes, using a storage unit can be worth it if you need extra space to securely store items that are important, seasonal, or not currently needed but will be in the future. Storage units offer a flexible, safe solution for managing clutter, facilitating moves and safeguarding valuables, making them a cost-effective option when home storage is insufficient or unsuitable.

What are the disadvantages of storage units?

The main disadvantages of storage units include the ongoing cost, which can add up over time, and the distance from your home, which may limit immediate access to your belongings. 

How much should I expect to pay for a storage unit?

The cost of a storage unit varies depending on the size of the unit, the location and the provider. Typically, prices can range from as little as £20 per month for a small unit in a remote location to hundreds of pounds for a large unit in a prime area. It’s best to contact local providers directly for the most accurate pricing based on your specific needs.

Why do people pay for storage?

People pay for storage for several reasons, such as decluttering their homes, securing space for business inventory, or storing belongings during transitions such as moves and renovations. Storage units offer a secure, flexible and often maintained environment that is not always available at home or in office spaces, making them an ideal solution for short-term and long-term storage needs.

Julia

Julia

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