Starting your very own holiday let business can be very exciting! The demand for staycations is ever on the rise, so you can gain a great amount from this in the UK.
The levels of tourism in North Wales has increased, and so has the amenities and range of activities. It’s the perfect location for a holiday in the UK.
There are two things to think about in regards to location when you are buying your holiday let:
- What are your potential earnings after the mortgage repayments?
- Can you easily access the property to run and maintain the business?
You’ll want a property that would also have a great rental value as well as a nice surrounding area – this will make a huge difference to its desirability – apartments North Wales has all this!
If you want to use the property for your own family as well as a let, you might prefer it to be in a more easily accessible location. No more than a few hours drive is best.
What do I need to set up a holiday let?
The best holiday lets include the following;
- Luxury furnishings
- Special additional features
- A great welcome pack
Holiday Let Furnishings
During your guests holiday, they’ll want to feel comfortable and relaxed – so don’t cheap out on the furniture. This will ensure your guests have a better experience and will be more likely to leave a great review, attracting more customers.
Good quality furniture is also cost-effective – you’ll save money in the long term rather than replacing cheap pieces. Remember to choose your furnishings wisely too; leather sofas are easier to clean than fabric, and hard floors are easier than carpets.
- Special Features in a Holiday Let
Adding a special feature to your holiday let makes it stick out from the rest – attracting more customers. Special features include things such as a hot tub on the patio, or a projector cinema.
- A Welcome Pack
Putting together a welcome pack for your guests will make them feel like you’ve truly made an effort. This can include a local guide suggesting restaurants and attractions. You can even contact some businesses who may give a special discount to your customers for the recommendation.
Other things you could include is a sample of some local produce – this will give your guests a proper culinary experience of the location.
Make sure to include information on the appliances in the property and emergency contact numbers.
Saving Running Time For Your Holiday Let
There are a few things you can do to reduce the time you are spending running the holiday let. This includes:
- Hiring a cleaner to do the changeover
- Installing a key safe so your guests can let themselves in
- Choosing easy to clean appliances such as a glass top stove
- Having a low maintenance garden layout
How do I advertise my holiday let?
To get all the bookings your fantastic holiday home deserves, you’ll need to get it out there for people to find! Having a strong online presence is vital; an active social media page, and good visibility on Google.
There are various websites you can add listings to for your property too – and you can use as many as you like.
We hope this guide has helped you understand a little more what you need to set up a great holiday let business, then you’ll just need to get it running. Good luck!
