There are so many things to consider when choosing a holiday letting agency in the Cotswolds. According to the...
Historically the Cotswolds has been, and will continue to be, a lucrative choice when investing in a holiday home.
With potential earnings of approximately £40,000 for a 4 bedroom cottage, the Cotswolds presents a great opportunity to earn an income whilst enjoying the perks of holiday home ownership.
Location is important, not just in terms of which areas in the Cotswolds work well for holiday cottages, but also from the perspective of where you want to be.
You will most likely also be spending some holidays and weekends in your cottage. So, when investing in a holiday home take this into consideration.
The Cotswolds covers part of the beautiful shires of Gloucestershire, Oxfordshire, Worcestershire and Warwickshire.
Its central location is no longer than 2 hours away from most of the country’s major airports, London and within easy reach for 75% of the country’s population.
People visit the Cotswolds from all over the world, with it being famed for its natural beauty and picturesque towns and villages.
When you’re investing in a holiday home, your mindset needs to be around what and where is going to attract future guests. These four hot spots are a very good starting point.
Of course there are many, many other places that are just as pretty, have just as much to offer and are far less expensive.
However, starting your search with these popular destinations, exploring nearby towns and villages, ensures you won’t go far wrong.
The main reason the Cotswolds is among some of the top areas in the country where investment in a holiday cottage is worth considering.
This is because it is the perfect weekend destination for visitors who live in this country.
As a result, you will get the week-long bookings as well as weekend bookings.
Your property is also more likely to have a higher yearly occupancy than in those areas of the country better known for being summer holiday destinations.
As for how much you can actually make on your holiday cottage in the Cotswolds, many factors must be included.
Things like location, size and overall look of the place are to be factored in.
Without seeing the actual property, it is, of course, impossible to predict the potential gross income of your holiday cottage. However, this guide is based on an average of Manor Cottages’ 300 plus properties throughout the Cotswolds:
|No of Bedrooms||Estimated Annual Income|
Make sure you take the advice of a professional when choosing a holiday home in the Cotswolds.
Manor Cottages will help you predict the potential income of the properties you’re looking at. We will also take into consideration costs for housekeeping, insurance, taxes, maintenance and utilities.