A lot of good advice here from the other ladies
Just wanted to say that all you really need for cloth nappies is a reliable washing machine. We've got a tumble drier too, but I can honestly say that we've only used it once for drying nappies.
You also don't need a huge amount of space to dry them either. We've got a clothes horse/airer very similar to this:http://cgi.ebay.co.uk/5m-Wooden-Folding ... 33ffa90e21
which will fit 16 fitted nappies plus 2 boosters/inserts per nappy comfortably, and it takes up very little space.
Over the winter we've used this a lot, and when placed by a radiator, the nappies dry pretty quickly.
We've also got a couple of the airers designed to hang over a radiator, which are also really handy and again take up little space.
I'd also second trying out a selection of different nappies before you buy a whole set. We tried out ~8 different nappies, of which only 2 really fitted Erin well. So had we bought a set of any of the other 6, our experience/success with cloth nappies might have been a lot different