I was sick of paying a mortgage so rented out my home & built a tiny house in my garden for £27k

A WOMAN has revealed that she is now completely rent and mortgage free, after moving out of her home, and into a 300 square foot tiny house.

Precious Price, 26, felt that her three-bedroom house was too large for her so spent £27,000 building a tiny home in her back garden.

Since she travels a lot for her work as a consultant, she was already renting her home out a lot, and used that money to pay for the tiny home.

"I financed it through my credit cards, in addition to cashing out a few of the stocks that I had from my 9-5," she told .

Once the tiny home was built, Precious moved in to it, and says that she is a big fan of tiny home living.

"If I was to describe my home to someone who has never been here, I would literally just describe it as a studio apartment," she said.

As soon as you walk into the door of Precious' home, you come to the dining room/living area.

"I would describe the house as very light, airy and open," she said.

"I made sure to add a ton of windows, just to open the space up."

She has also added plenty of mirrors to the space, to make it appear larger.

Precious said that the kitchen is her favourite part of the tiny house, and added that people are often surprised to find that there is a full sized fridge in it.

The kitchen also has an induction hob, a full-sized sink, and lots of counter space.