Perren Property- Peek of the Week
A Growing Demand for Short
Term Lets
It could be a 3 month work
contract or a home away from home, but with the increase of short contracts and
a mobile work force there is a growing demand for short term lets.
Short term lets can be a
profitable investment. Guests can stay from as little as one night to several
months. A fully booked short term let will bring in considerably more money
than a long term tenancy. But establishing short term lets is a lot more costly
and void periods in quieter times must be taken into consideration.
A short term rental property
is more of a hotel room, your tenants wont be responsible for paying utilities,
supplying towels, sheets, furnishings etc. That’s all on you. It will be
your responsibility to supply and maintain anything from kitchen appliances to
toilet paper.
But get all this right and
you could be on to a great investment.
Are you looking for a new
business opportunity? How about this... 18 flats set in a beautiful 5 acres. You could pick this up and continue the great
business or even consider a slightly different business venture- hotel, wedding
venue… hmmm the possibilities are endless.
But definitely worth
a look.
Check it out…
Remember if you need any help or advice I would love to chat just give me a call... 07794056668
or email charlotte@perrenproperty.co.uk
Remember if you need any help or advice I would love to chat just give me a call... 07794056668
or email charlotte@perrenproperty.co.uk
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