What is Serviced Accommodation and why should I invest in it?

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Serviced accommodation and standard lettings differ greatly in their ameneties, target market and relevant requirements. Serviced accommodation refers to a short or long-term letting of a property or room, typically in a city centre, that provides a homelier feel than a standard hotel room. Serviced accommodation typically includes facilities such as a washing machine, oven and recreational luxuries.

Such properties are often considerably more lucrative to a landlord than a standard fixed-term letting or even a dedicated hotel, as the market being targeted is predominantly one with a business background. As such, it’s important that your property is of a high enough quality to reflect the status you are looking to acquire. This is where we can help.

At Cavendish Peaks, we take care of all aspects of your serviced accommodation journey and leave you free to pursue other ventures. We offer setup, renovation & decorating to get you started, and we handle all of your marketing and bookings. Deposits claims, insurance and due diligence are practiced to safeguard against any potential issues, so you know you’re in safe hands. All you need is the right property!

Contact us today to request a no-obligation consultation, and we will help you decide if serviced accommodation management is for you and your property.