Landlords
See how furnished holiday lets could increase your property’s cash flow.
The power of furnished holiday lets
Holiday home letting is a powerful way to increase your property’s cash flow and sweat your asset. As a holiday let management company, we help landlords to get the most out of their short term rental properties.
We not only maximise profit potential, we minimise wasted time. This means more money and time, without you needing to lift a finger.
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Furnished holiday lets involve letting out your property on a night-by-night basis. Using your property as a holiday let is a lucrative strategy and comes with the addition of huge tax benefits, putting more money in your pocket.
So where do we come in? We are short stay property management experts, managing holiday let properties in Bournemouth, Poole, and Southampton. We take care of everything from bookings and guest communication to cleaning and laundry. We ensure your property is impeccably presented, offering guests a hassle-free, home-away-from-home experience.
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Taking into consideration all of the market demographics in the area and working hard for you to obtain high occupancy and cash all year around, you can typically see a return of 50- 60% or more profit than your standard Buy-to-Let property, month on month!
Once you add in all the great tax advantages (some listed at the bottom of this page) that may not be available to Buy To Let - or other property investment strategies - furnished holiday letting becomes a very sensible strategy to utilise in your investment portfolio.
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Huge tax advantages
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Flexibility to use your own holiday home
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No tenant hassles or unpaid rent
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Increased capital value
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Showroom condition all year round
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Hands free, full management service
Why choose Grandeur Property management?
Furnished holiday letting is a great way of diversifying your property portfolio. However, managing a holiday let can be a full time, 7-days a week business. It’s not to be confused with a more passive investment strategy like Buy-To-Let. It takes energy and time to become successful, of which is something we have put love and passion in to, to create and grow Grandeur Property.
We are a holiday let management company that is dedicated to giving our clients more money and time to do the things they love, with the people they love.
Dreaming of passive income from your Southampton, Bournemouth, or Poole property? Let us help you transform it into a thriving holiday let! Enjoy increased rental income, stress-free bookings, and meticulous care for your home. Contact us today for a free consultation and unlock the potential of your property!
The Benefits
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✔ Personalised financial reports and forecasting
✔ Dynamic pricing tools & exclusive revenue management software to optimise your nightly rates
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✔ A fully hands free & hassle fee management service
✔ Dynamic pricing tools & exclusive revenue management software to optimise your nightly rates
✔ 24/7 reactive and proactive maintenance management
✔ Stringent guest vetting procedures to give you peace of mind and ensure your property is protected
✔ Guest concierge services to cater for your guests every need
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✔ Diamond partners with BCP Tourism Board. Featured accommodation provider across all three online platforms
✔ Listing your property on multiple online travel agents (Airbnb, booking.com and business sites)
✔ Unique social media and marketing campaigns to generate more direct bookings
✔ Targeted email marketing & advertising campaigns to leisure, contractor, corporate and insurance markets to further increase direct bookings
✔ Daily property listing optimisation to increase page ranking and reach
✔ Daily management of guest reviews and feedback to increase review score and bookings
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✔ Five star cleaning and laundry services to boost your guest review scores
✔ Dedicated 24/7 guest communication service
Tax becomes exciting
The amazing tax benefits that apply to furnished holiday lets is something people overlook from this strategy that ultimately might put more money in your pocket!
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The opportunity to pay far less tax on your profits. You could claim back on average a tax saving of £35k of more. The icing on the cake, a claim can be made and rubber stamped by HMRC in a matter of weeks!
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The potential to offset 100% of your mortgage interest.
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The possibility to pay no business rates or council tax on your property for the duration of it being FHL.
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Claim tax relief on any purchases you make to furnish your SA property even down to the crockery and cutlery you add
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No more capital gains tax (CGT). (In the right circumstances and set up it is possible to sell a furnished holiday let, make a capital gain and not pay any CGT).
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Full tax relief on pension contributions (for the equivalent value of profits made on your Furnished holiday let/serviced accommodation up to £40K/yr.).
Disclaimer: We are not qualified tax advisors and it is essential that you get your own professional advice.
We do work closely with Tax Specialists. They can advise you of your best set up to maximise those benefits. We will happily put you in touch.