If you’re a landlord, deciding what you want to do with your property is the biggest decision you’ll make in regard to how much profit you’ll yield from it.
Turning your property into a buy-to-let can be a tantalising prospect, however more recently, serviced accommodation has become a much more profitable avenue for passive income.
BUY-TO-LET
SERVICED ACCOMMODATION
Rising mortgage rates impact profit
Get paid nightly instead of monthly
Finding reliable tenants is difficult
Easier to occupy and less void periods
Increasing Amounts of Regulations
Less regulations to worry about
Serviced accommodation can yield up to
500% more
than Buy-to-Let
Here’s examples from our clients of the kind of profit you could be making:
Couver House
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COUVER HOUSE
SERVICED ACCOMMODATION
PURCHASE PRICE:
£180,000
TOTAL CASH OUTLAY:
£70,000
AVERAGE DAILY RATE:
£250 PER NIGHT
As a buy-to-let, this property would rent for £700 per month, but as serviced accommodation is making £7,500 on average per month.
Our process is simple: we source and renovate high-quality properties for you, and once they’re ready to be offered as serviced accommodation, we also manage them for you.
RENOVATION
PROPERTY
MANAGEMENT
Still not convinced? Have a look at another deal below
Weir House
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WEIR HOUSE
SERVICED ACCOMMODATION
PURCHASE PRICE:
£120,000
TOTAL CASH OUTLAY:
£50,000
AVERAGE DAILY RATE:
£150 PER NIGHT
As a buy-to-let, this property would rent for £800 per month, but as serviced accommodation is making £4,500 on average per month.
Interested in serviced accommodation? Get started today!
