Short term/holiday lets?

Pic of landlord looing at short term and holiday lets property118

by Readers Question

12:05 AM, 19th April 2023, 3 years ago 14

Categories:

Landlord News Landlords Questions Lettings & Management

Hello, The rent from services like AirBnB are far higher than regular rentals. I estimated I’d only need to have my property occupied for around 1/3 of the year to make the same rent that I’d get for longer term rents.

But, the costs are higher – regular cleaning, provision of towels/sheets etc, providing and maintaining furniture, ‘white goods’, TV, internet, gas/electricity etc and a higher risk of damage and more regular re-decorating. The property would need to be occupied for far longer than just matching the rent would suggest.

And, of course, I can’t guarantee sufficient occupancy – maybe no-one wants to stay there (a 2 bed bungalow in Kenilworth).

Does anyone have experience of this type of rental and would like to share some advice/experiences?

Thanks!

Adam

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