Belfast City Centre Rentals Urgently Required: High Return

Posted: 19/1/2018

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You may have noticed the new hotels going up in Belfast City Centre. Demand is huge, and it's growing as Belfast is now a major tourist destination. Titanic and Game of Thrones have been a huge draw. There is a big shortage of accommodation in Belfast and this has led to many landlords "AirBnBing" their properties. This phrase simply means that the property has been turned into a short term serviced "holiday" let. The revenue is MUCH greater, but then so is the amount of work involved, and costs. Landlords have to supply heat, power, wifi, cleaning, fresh bedding, booking services etc etc etc. A lot of work, but at Key One Property we can do it all for landlords. We offer the full package, from advertising to booking and cleaning, we do the lot. In our experience, all of our landlords who have switched from long term lets have INCREASED their net return - some as much as double. So what type of property is best suited? Well, in fact you can guest-let any type of property, but apartments are usually best suited as guests expect a modern home, and costs are usually easier to control. City centre locations generally command the best price, BUT.... we also look after properties that are outside the centre. Spring-Summer and early Autumn are all high occupancy, but there is also a demand throughout the winter. If you have a property that you think might be suited, get in touch for a chat. We are happy to give you a full explanation as to how it works, along with some projections. Call 028 90456162 24-7 or email us keyone@btinternet.com

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