With Lake District holiday homes fetching up to and over £1000 per week in peak season, it’s easy to see how letting out a holiday home can prove to be a real money-spinner, however, you must make it pay for itself for it to be a worthwhile investment!
What are the main issues to consider when thinking about undertaking such a move?
We at Lakelovers aim to provide you with the advice you’ll need to let your holiday home in the Lake District.
Staging is paramount when preparing your property for letting. Staging is where you tackle all the cleaning and DIY jobs that will enable you to show your property at its very best.
A good place to start is a ‘deep clean’ throughout the property. Kitchens, bathrooms, windows and floors all need to be spotlessly clean if you are to let your holiday home at a premium rate.
Next, a fresh lick of paint or varnish along with any other DIY snagging jobs will seal the deal in terms of making the property ready for holidaymakers.
Here’s some great advice we got from specialist local estate agent, Matthews Benjamin…
“I believe there are many key ingredients to successful letting. Obviously location, views, parking and some external space, kerb appeal helps but isn’t always make or break. Combined with first impressions, is the garden neat and tidy?
Inside obviously needs to be presented to a high standard and remember your competing with hotels and nice boutique guest houses. So create a bit of ambiance, you can often tell a holiday let from a successful holiday let and that’s the personal element. Don’t allow it to be bland, personalise it.”
Nothing is more important than health and safety of the customer. Making sure your property is safe will provide a firm foundation from which to build on. Having smoke detectors and a gas safety certificate, for example, are essential.
There is nothing more frustrating than, having settled into a holiday home, you find that there’s no bottle opener or not enough cups to go around. Your holiday home needs to be well stocked with basics and essentials. Bedding, kitchen utensils, crockery and cutlery all need to be in place. Then consider going above and beyond. Many holiday makers are looking for that little bit extra – Wi-Fi connections, highchairs for babies and private parking are just some of the things high on holiday makers list of requirements. If you are looking to enter the super-lux market then designer kitchens, bathrooms and outdoor Jacuzzis are features that some of the properties we manage offer.
Using an agent is a hassle-free way of getting the most from letting your holiday home.
As the Lake District’s Self-Catering Specialists, we at Lakelovers pride ourselves on offering a premium service to both property owners and holidaymakers. With nearly 40 years experience you can rest assured that your holiday home is in good hands.
The service we offer is tailored to your specific needs and you can be as hands on or hands free, as you want.
The reason most people let their holiday home is to create income. Lakelovers achieve record occupancy levels for their clients and this is achieved through high standards and a tried and tested approach.
In the first instance you will receive expert advice and support. We have the knowledge and experience to help you and ensure success in the marketplace.
Next, to ensure the success of your Lake District holiday let, we will use innovative marketing techniques. Through our centrally based high street offices, glossy brochures and our comprehensive digital marketing activities, we are able to reach a global audience of both return and first time customers.
Another important element to our service is customer liaison. Not only will we manage the bookings for your holiday home, we will also deal with all the related administration and financial aspects of the let. When customers are resident in your holiday home we are there to provide help, advice and support as and when it is needed – useful tips regarding the local area, emergency maintenance and repairs and even a concierge service are all within our remit, should you require them.
Naturally, when the customers leave, we make sure your property has been left as it was found and arrange for it to be cleaned and laundered.
The care and upkeep of your property is also of paramount importance to us. Our conscientious approach to making sure your holiday home is well looked after by customers is something we feel will help you sleep better at night. In addition, we will work with you to nurture and develop your property. An eye for detail and the experience of knowing what customers want are invaluable and that is why the properties we look after are known for their quality and comfort.
There are financial gains to be made buy renting your Lake District holiday home. Ensuring that your property is clean and well looked after will result in the best occupancy rates and therefore maximum profits.
Using a trusted agent, with an excellent track record and years of experience will make letting you Lake District holiday home stress free, will help you develop the property and will lead to a happy business experience – that’s where we come in!
“If you are not yet a Lake District property owner and you are considering purchasing a property to utilise as a holiday home then seek professional advice from a well established local firm of Estate Agents and Chartered Surveyors. They will offer valuable local expertise and will be able to advise you not only on current trends in the property market but also on the best locations, property types, etc to suit your needs,” says Hackney & Leigh who have offices in both popular Lake District towns of Ambleside and Windermere.
Whether you already have a property you’d like to start earning a holiday income from, or if you’re looking to buy a money-making holiday home or your own get-away, do get in touch and we’d love to help.
For more details… https://www.lakelovers.co.uk/let-your-cottage/
And check out our Owners clip…