Leasing your house/flat

Redalligator

The other weekend i was staying in Glasgow. The serviced apartment cost £250 for two nights. I was wondering if the Landlord gets £250 for two nights on a weekend they would only need to be booked for 6-8 days of the month to receive a good income.

I know there would be fees for listing your property on the likes of booking etc but it seems like a much better return instead of leasing it through an estate agents.

Could someone with experience give me the pros and cons of letting a flat or a house out in this way?

sevenhills

Its a good question, is your house in a city center?

AnotherJoe

No direct experience but It's more work since you have to arrange cleaners and manage the advertising and correspond with enquiries and flow of new people coming and going and make sure you can accommodate each new incoming tenant, check out the last one, make sure all is OK, deal with disputes, and so on.

Having said that plenty of people do this, a very high % of properties let this way are on Airbnb. It's not just for people letting out a spare room.

Cakeguts

In some cities you need planning permission for change of use.

cloo

My in-laws let a place on Airbnb for a few months and found it a huge pain to administer, but they may have been unlucky in getting a couple of difficult guests in that time (or maybe it's par for the course!)

Redalligator

sevenhills wrote: »

Its a good question, is your house in a city center?

I do not have a house. Was just curious to be honest