My first sewing room was an unfinished bathroom in the basement. Had a chest of drawers to hold fabric and notions, peg board above the machine to hold items. Did a lot of sewing in that little space. If you have an option get a single bed so you have a little more space for your machine. It really isn't necessary to have a huge amount of fabric to store - just purchase what you need for a specific project; that will save a lot of space. At least when it is in your bedroom you can close the door when you are finished for the day!