Buy-to-let: Playing the short-let game
There's a profit to be made from short lets, but landlords face high costs and heavy maintenance. By Isobel Ross
Landlords who let their properties for short periods are currently experiencing Wimbledon fortnight. Attracting players, spectators and hangers-on from all over the world, the tennis tournament in south-west London Property serves up some of the best returns of the year for short lets.
There's a profit to be made from short lets, but landlords face high costs and heavy maintenance. By Isobel Ross
Landlords who let their properties for short periods are currently experiencing Wimbledon fortnight. Attracting players, spectators and hangers-on from all over the world, the tennis tournament in south-west London serves up some of the best returns of the year for short lets.
Susie Abbott outside her home in Chelsea
Susie Abbott outside her home in Chelsea
"Applicants are willing to pay a premium for prime location properties in Wimbledon," says Sarah Shortridge, director of short lets at Foxtons.
"We let properties for two weeks but charge the same price as a month." The returns are so great during the Wimbledon season that even landlords who normally reject shortlet requests make an exception.
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