Benefits of short stay flats

So what are the benefits of short stay flats? Well you don’t have to pay the mortgage for one thing, and most even come as serviced properties, so you don’t even have to the the chores! Plus you can rent wherever you like, whether it’s within the UK or abroad, and you can choose to rent from a few days, weeks or months.

A short term let is also ideal for those of you that have to work away from home, or for the trail blazers who wish to explore a holiday destination properly, but wish to stay in a place that has the comforts of home. This is also a great option of letting out your property if you live near a popular sports area such as Wimbledon, because they you could make a small fortune from either the players, or sports fans who wish to be closer to the action. Things such as the Tennis Tournaments only last for about a few weeks, it would be a great opportunity to let out your property and earn some serious income. Or as a fan you can see all or most of the events without having to go through the tough process of camping overnight, paying extortionate prices for a hotel, or even driving there early in the morning.

As a landlord with a short stay flat, the rent can be increased and this decision can be made more often than a long term let, and also the landlord can evict problematic tenants more easily. The same applies to the rental agreement and the terms, with notice to the tenant. On the plus side many companies are willing to pay high rental prices, so if your flat is in the perfect location and is kept at a very good standard, it might mean the corporate sector can be quite profitable.

As a tenant, there may be  a lot more places to select from for a short stay flat, because more homeowners would be letting their properties for numerous reasons; such as for Wimbledon each year as mentioned above, and it would be more comfortable than a hotel. So whether you are a tenant or a landlord, choosing a short term let property is a great choice if you only want to stay in a property for a short while.