A more profitable way to earn from your luxury apartment in Milton Keynes
As you know, Milton Keynes is the fastest growing city in the UK, and some say the fastest growing city in Europe.
Located in the very centre of England, with superb communications nationally and internationally, it’s not surprising that more than 40 “household name” corporations have located here along with thousands of smaller enterprises.
Growing number of people needing short term accommodation
Many of our guests are contractors and travelling employees of these organizations needing places to stay in Milton Keynes, and their numbers are increasing significantly.
Consequently we are seeing an unusually large and growing demand for luxury serviced apartments in Milton Keynes from businesses needing to reduce the costs associated with business travel, and to provide their people with comfortable, spacious self-catering accommodation.
Serviced apartment lettings provide cost savings of up to 30% when compared to many business class hotels. And business travellers prefer the freedom, privacy, and peace and quiet of apartments like yours, rather than the cramped and sterile atmosphere of most hotel rooms.
Shortstay-MK: a guaranteed golden opportunity for landlords
Here at Shortstay-MK we are always looking for landlords to help us meet this growing demand.
With our landlord services, as well as offering rental payments at market rate, we also guarantee your rent for the duration of the contract, regardless of whether or not the property is constantly occupied.
When you commission us to manage your property, you will pay typically 50% lower management costs when compared to what you’d pay traditional letting agents in Central Milton Keynes or the surrounding Milton Keynes areas.
Expert management of your apartment
The maintenance of the property is closely managed throughout the term of the contract to ensure standards are maintained, employing a weekly maintenance programme through the cleaning services we offer guests.
We can even manage any property upgrade work that may be needed to bring your property up to serviced accommodation standard, using our experience and contacts to ensure that costs are kept to a minimum.
First, you start with the Shortstay-MK Audit Service
For a fixed fee, you can benefit from a ½ day audit, including a written report of how your property currently meets the standard for serviced accommodation letting.
The report will include approximate costings for any work or furnishings required to be ready to let on a serviced basis. The report will also include a basic overview to current health and safety and other regulatory requirements.
The audit includes:
- A 45 minute meeting with a ShortstayMK consultant
- Questionnaire-based onsite property inspection
- Full written report of findings
And finally, Shortstay-MK Total Serviced Letting Management
Once your apartment meets the standard of facilities and furnishings required, we will arrange a letting agreement between you and Shortstay-MK for up to 12 months.
This agreement covers all aspects of property management and guest relations, including:
- Full inventory
- Regular inspections
- General maintenance
- Weekly cleaning and laundry programmes
- Accommodation bookings, check ins and check outs
- Health and Safety compliance aspects
- Contents insurance
- Guest relations
A profitable, safe choice for your investment
Whether you are a full time buy-to-let investor, or just planning to be away from your apartment for several months, renting your property as self-catering serviced accommodation through Shortstay-MK could be a profitable choice that also provides peace of mind that your investment is in safe hands.