It’s fair to say that if you’re looking for a house in the Cotswolds, you’re putting yourself in an excellent position to profit from your purchase!
The Cotswolds is England’s second-largest designated Area of Outstanding Natural Beauty and one of the country’s most popular holiday retreats. The area, which begins in the North at Stratford-upon-Avon and extends south to Bath and Cheltenham, is known all over the world for its lovely honey-coloured Cots.
The Cotswolds have always attracted visitors, but the recent growth in excellent restaurants and pubs, outstanding yearly festivals (like Festival at Cornbury…), as well as fantastic annual events (such as Cornbury Music Festival), has boosted popularity to new heights.
Because it is in the heart of the UK, the Cotswolds is as popular for weekends away as it is for longer vacations, and it’s only an hour and a half from four of Britain’s major airports. In fact, depending on where you reside, the Cotswolds may be seen in less than two hours from around 75
It’s no surprise because the Cotswolds is one of the most popular holidays let destinations, and it’s also a great choice for individuals looking to invest in a second property.
What makes a good holiday rental?
Consider what YOU would want from a house to stay in on holiday when looking for a property with a view to renting it out as a holiday home. Consider not what you would desire from a vacation property if you were on vacation yourself, but rather what you would desire from your main residence. This is an easy consideration but taking the time to do so may be beneficial. For example, honeypot locations that are easily identified names (Burford, for example) are excellent places to start. However, they may be costly, so consider settlements nearby these areas instead; you might get more bang for your buck.
Location? Village locations are good, often visitors like to be able to walk to a pub, and as many of the Cotswold’s towns are quite small (and village-like in their feel) yet they’re well equipped with stuff to do, restaurants, shops and traditional cafes too – so these are considered a great choice also.
What is the maximum number of people that you can accommodate? The more bedrooms, the better. Holiday cottages with more sleeping rooms than living areas make greater rental income – easy as pie. More bathrooms also add to the appeal. The larger the number of persons your cottage may sleep, the more you will be able to charge. A modest and easily maintained garden is both simpler and less expensive for obvious reasons.
Finding the perfect holiday cottage in the Cotswolds
The Cotswolds have some of the most expensive real estate in the country, with houses there costing far more than they do in other places. The prices of these period properties, many of which are Grade II listed, are significantly higher than average. However, they have been sought after for many years, so retaining value is quite probable! It might take some searching to find the ideal home, but treasures await those who wait and that is something worth keeping in mind when looking to purchase a second house in the Cotswolds. Wait for the right cottage and you will be rewarded with a steady income for years to come.
If you have a holiday home that you think would be perfect to let with StayCotswold – or you’re thinking of buying one – then get in touch with the independent holiday home management agency that specialises in the Cotswolds