Last Updated on May 21, 2024 by Suzy McCullough
Three out of five British citizens chose to go on a vacation in the UK, according to a Travelodge survey. With the likes of Norfolk, Cornwall, the Scottish Highlands and Yorkshire offering some of the most beautiful views on the British Isles, it’s no surprise that people are choosing to explore these spots. And of course, they need good quality accommodation to stay in during their break. So why not tick this off your bucket list and purchase a holiday home that you can enjoy and make money from?
Choosing the best location
The Isle of Arran, Lincolnshire, and St. Ives are set to be the most popular UK holiday destinations, according to Country Living. Therefore, to ensure you get to enjoy stunning scenery on your own travels and get plenty of bookings from holidaymakers, consider investing in a holiday home at one of these destinations. The beach is also a holiday hotspot, with The Express reporting that 80% of the most popular holiday towns were located by the sea.
Getting it spot on
When it comes to creating a versatile holiday home which appeals to both you and the general public, it’s essential you pay attention to the finer details. The Squirrel Barn Holiday Cottage in Staffordshire was recently awarded the best holiday property in the country for the second year running, making it the perfect property to gain inspiration from.
The cottage is a family-friendly accommodation with ample amenities to keep both little ones and adults entertained and comfortable during their stay. When you’re letting a property out, it’s important that you take into consideration the needs of your renters. Factors such as access for individuals with mobility issues should be considered both inside and outside of the property. In addition, facilities for people with all abilities should be available too.
A great deal
For optimum profit, you’ll want your holiday home to be booked up throughout the year, but with a few gaps so that you can enjoy time in it too. Therefore, setting your price just right is key. During the school holidays, costs rise considerably in the UK. The Express reports that it can cost 800 times more to holiday during half term than term time due to supply and demand. So, it’s advisable to price your holiday home accordingly during these weeks and avoid using the property for yourself during this period.
Investing in a UK holiday home provides an abundance of opportunities. Not only will you be able to kick back and relax in it, but you’ll have a constant stream of income from British holidaymakers so long as you take into consideration the location of your property, the amenities on offer and the cost.
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