Holiday Cottage Investment
A property investment you can actually enjoy
A holiday cottage offers something rather unusual.
You own a substantial property asset for the future, but unlike most investments, you and your family can actually enjoy it along the way.
Choose the right character cottage in the right location and, when you aren’t using it yourself, holiday guests can be paying to stay there.
You have somewhere lovely to escape to, it earns its keep when you aren’t there, and all the while you still own the property itself.
The right cottage, with the right partner
Not every property makes a successful holiday cottage.
After more than 20 years of running Grove Cottages, I have a pretty good idea of the locations and, particularly, the character properties that appeal to our guests.
We don’t find properties for people to buy, but I am very happy to talk about areas and the types of property that work particularly well. Once you have found somewhere you’re seriously considering buying, I’m also happy to come and look at it with you and give you my view of its potential as a holiday cottage.
Taking borrowing costs out of the equation, I would expect the right cottage, properly presented and managed, to earn enough to cover its normal running and maintenance costs as a minimum.
We have some cottages achieving over 80% occupancy and annual holiday-let sales of more than £40,000.
Of course, every cottage is different. Its earning potential will depend on its size, location, character and appeal – as well as how much of the year you want to enjoy it yourself.
Enjoy your cottage – we’ll help with the rest
There is obviously more to successfully running a holiday cottage than finding guests.
Good cleaners, linen, gardeners and maintenance all need organising, as well as keeping on top of the practical requirements and regulations that come with letting a property to the public.
That’s where having an experienced agency alongside you makes life considerably easier.
We take care of the bookings, marketing, guest enquiries and financial administration, provide clear statements and records of your holiday-let earnings, and work personally with our owners to help keep their cottages running as they should.
Owning a holiday cottage shouldn’t mean acquiring another job.
Why Grove Cottages?
We’re deliberately small.
We only work with characterful and historic properties, and I want to know both the cottages and their owners personally.
You don’t become an account number in a large organisation or have to explain your cottage to someone different every time you call.
You know me, I know you, and I know your cottage.
If you’d like to understand more about why that specialist approach matters, have a look at:
Why Heritage Cottages Choose Grove Cottages
Thinking about investing in a holiday cottage?
If you are considering buying one, give me a call. I’m very happy to talk through what tends to work and, if you find a property you’re seriously considering, I can come and have a look at it with you.
If you have recently received an inheritance or other financial windfall, I’ve also written about the particular opportunity that can present here:
Investing an Inheritance in Property: A Character Cottage You Can Enjoy
And if you already own a character cottage and are thinking about letting it, you can find out more here:
Or just give me a call on 01787 211115.
There’s no hard sell and no obligation. I’m always happy to talk cottages.
Mark Scott
Grove Cottages