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Refurbishing and managing property

Our Services 

Serviced accommodation is different to other types of rental arrangements, so if you are new to the furnished lettings business you will be wise to take advice from experts. We offer honest, impartial advice about every aspect of short and long term lettings; from which type of property to purchase through to recommending a suitable supplier of linen. The table below summarises the advantages and disadvantages of moving into the serviced accommodation market.

Advantages:

  • Higher rental income achievable - up to 30% more than unfurnished rental.
  • Enables your property to be monitored and maintained on a regular basis.
  • You can use the property for your own requirements as and when needed, subject to availability.
  • Services accommodation hirers are likely to cause less damage and wear and tear than other types of tenants.
  • Your property benefits from a thorough clean on a regular basis.
  • Certain types of lettings have some tax advantages depending on your particular circumstances (we recommend you seek advice from your accountant about this).

Disadvantages:

  • Higher start up costs as the property needs to be fully furnished and equipped to a high standard.
  • Higher running costs, mainly attributable to increased frequency of housekeeping.
  • Fluctuating cash-flow.
  • No guaranteed occupancy.

For more infomation on our services please follow the links below: