Advice On Buying A Holiday Home To Rent In The UK
When you’re buying a holiday home in the UK the likelihood is you’ll be buying it as a getaway for you and your family to make the most of as well as a way of building a little extra income. If this is the case then you should consider a location that not only you will enjoy going to but that other people will enjoy too.
If you are going to rent your property out when you and your family can’t be there then it’s important to research the most popular places and the places that will bring you the best income. If you have a small budget then it will make it hard to purchase a property on the beachfront of a central tourist attraction so your budget is a big thing to take into account.
Grasmere, The Lake District, UK by Richard Barrett-Small
When you’re thinking about investing in a holiday home there are a number of things that you should take into account such as, where do people you know like to go on holiday?, would you prefer to be near a beach or a city?, will your property be close to pubs and entertainment?, will the property be preferred by young or older people? And will the property be easily accessible? There are many popular areas throughout Britain that become home to holiday makers every year; some of the most popular include, the Lake District, York, Kent, Isle of Wight, Yorkshire Dales and Moors, Snowdonia, Anglesey, the Scottish Highlands and Edinburgh. Of course there are many more popular destinations but, for a getaway, these are usually the first places that people will think of.
Because these areas are popular, the property can also be pretty expensive which can be a huge let down to buyers with a low budget. If you wish to buy a home in one of these areas but the budget won’t stretch then a nearby town or village is usually your best bet as although these are popular with the tourists that visit the main areas, the house prices are nowhere near as high. Although your property may not be in the centre of the tourist world you don’t want it to be too far away as this will be a put off for potential rentals. You should make sure your property is easy to get to via public or personal transport and it shouldn’t be more than a 15 minute drive from popular tourist spots – after all, how many people want to spend their holiday driving?
David Sprice shares his interest on Internet Cottages and what they have to offer as a holiday escape.
Category: Travel Tips
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