Buying to become a short-let landlord
With a lack of certainty on travel restrictions, many Brits are planning to vacation closer to home this summer, giving investors the opportunity to break into the short-let market.
Where should you start?
Lasting anywhere from one week to six months, short-term rentals can be a great investment choice.
Before deciding where to invest, you first need to think about the purpose of your rental, for example, are there any cultural events, attractions or destinations that could prove in-demand and help you to secure higher and more consistent returns?
Location is everything within the property sector.
Opting for somewhere with great transport links or nearby to an airport could give your accommodation an instant USP that increases its rental value per night or week.
The next step would be to determine how involved in the management side of things you want to be.
Short-term lets require more work but give you greater flexibility.
The key consideration you need to make is how to avoid extended void periods where the property is vacant.
If you’re looking to be highly involved in your lettings responsibilities, you might find that marketing your property across a multitude of channels helps you to build reviews and a trusted reputation, whereas you might find it beneficial to consult a letting agency if those tasks become too much.
To browse our properties and find your next investment, visit our website.
This article was originally published by BriefYourMarket and is reproduced here with their permission.
For more company news and insights from Pygott & Crone, click here
Latest news
The Renters' Rights Act: What landlords need to know now
The Renters' Rights Act: What landlords need to know nowThe Renters' Rights Act 2025 came into force on 1 May 2026, bringing the most significant overhaul of private rented sector legislation in England in more than thirty years.
What's my home really worth? Understanding property valuations
What's my home really worth? Understanding property valuationsBefore you market a property for sale, understanding its value in the current market is the most important preparation you can make.
Void periods explained: How to minimise empty rental months
Void periods explained: How to minimise empty rental monthsA void period is the time between one tenancy ending and the next beginning, during which the property generates no income.
Breaking down the property chain: How it really works
Breaking down the property chain: How it really worksWhen you buy or sell a home in the UK, you are likely to hear the phrase property chain.
