Six reasons why you should outsource the management of your London serviced apartment
If you own and let out a serviced apartment in London, you’ll already know that this growing sector can offer a better income than long-term lettings – in fact, up to 50-100% higher over a 12-month period.
But there’s no denying it can also be a drain on your time and resources. So, is it possible to have all the benefits with none of the downsides?
Here are six reasons why outsourcing the management of your London apartment to Fairway Hosting is a smart move:
1. We’ll save you time
For our clients, time is often their most precious resource so handing over all the responsibilities that go with managing a serviced apartment is a wise investment.
As well as offering the peace of mind that we’ll take care of all the important details, our extensive experience in the serviced apartment market means we secure the best results for our clients too.
2. Our expertise in the London property market will help secure the best lets for your apartment
As a business focused exclusively on the London serviced accommodation sector, we have the networks and local knowledge you need to find and maintain the best lets for your apartment.
For every client, we create an attractive listing that will appeal to the ideal tenant and then work out which marketing channels will reach the right guests to achieve the best income for you.
3. We offer one-stop access to the top letting platforms
Putting together a tailored marketing plan for your apartment is key to reaching the right tenants and securing the best return on investment. With access to all the top platforms, including Airbnb, booking.com and Vrbo, as well as Rightmove and leading London estate agents, we will ensure your serviced apartment is seen by the right people.
4. Our local knowledge will make your London apartment stand out from the crowd
We pride ourselves on making a tenant’s stay problem-free and positive, and our London knowledge is key to delivering this. Feedback from tenants frequently highlights the personal quality of our service as a reason why they enjoyed staying in one of our serviced apartments: ‘Beautiful flat in a great location. Mike's professional service made this a wonderfully easy and enjoyable stay. Would definitely come back.’
Whether it’s stocking the home with locally sourced products or supporting community events, our commitment to being a positive part of the local area enhances tenants’ experiences and gives our clients the confidence that their property investment is responsible as well as financially successful.
5. We’ll help you avoid the HR headache of finding and employing staff to service your apartment
You need good people on hand to maintain the high standards tenants expect of serviced apartments – finding and employing cleaners, maintenance professionals, linen services and more can be time consuming and challenging. Fairway Hosting has built a network of trusted suppliers and contractors which means your property will always be maintained to the highest standards.
6. Our sustainable approach attracts ideal tenants and gives you peace of mind
Environmental considerations are no longer a ‘nice-to-have’ but something that really matters to our clients and tenants – knowing we are managing their serviced apartment with the twin goals of sustainability and financial reward gives our customers confidence in the long-term viability of their investment.
Whether it’s reducing water consumption through low-flow showers, or advising on sustainable fixtures and fittings, this approach differentiates our London apartments from others on the market and helps attract like-minded tenants.
Are you ready to take the next step in realising the best results from your London serviced apartment? Contact us today and find out how we can help.