Investors
Why Invest with Nest & Castle?
N&C Provides transparent management service, managing all aspects of the holiday lets. It provides complete solution and helps their clients at every step. Our team has an excellent experience and provides customised services according to the taste and preferences of the clients. N&C provides an end to end solution to all your investment requirements from sourcing your property, conveyancing, mortgage requirements, construction, and renovations to finally fully managing your property through staycation lets.
Selecting the Location
Current target location - Liverpool
Why Liverpool?
• Culture, History & Tourism - A dynamic city full of rich culture and history
• Galleries such as the Tate Liverpool and Liverpool Walker Art Gallery showcasing plenty of exciting exhibitions.
• Premier League champion Football club;
• 4 major universities
• Own airport connectivity to Europe. – attracts lot of tourism
• Voted as 2008 European Capital of Culture and Liverpool Giants event in 2018– attracted a lot of visitors
Plentiful Demand
Liverpool has a large population of young professionals (start-ups and budding entrepreneurs), tourists
• With a student population of over 70,000, students in Liverpool provide a reliable stream of demand for property, visitors (parents)
• Most thriving UK economies - The Office For National Statistics revealed that Merseyside saw a 3.1% economic growth rate in 2016 — faster than any other major city region in the country.
• With a student population of over 70,000, students in Liverpool provide a reliable stream of demand for property, visitors (parents)
• Most thriving UK economies - The Office For National Statistics revealed that Merseyside saw a 3.1% economic growth rate in 2016 — faster than any other major city region in the country.
High Rental Returns
• Winning combination of low property prices and high rental yields
• The average house price in Liverpool is just between £130,000 to £150,000
• From 2017 to 2018, there was a 160% year on year increase in International buyer enquiries into Liverpool buy to let investment.
• The average house price in Liverpool is just between £130,000 to £150,000
• From 2017 to 2018, there was a 160% year on year increase in International buyer enquiries into Liverpool buy to let investment.
Why choose Holiday Lettings over normal lettings?
Most of holiday let rooms are let out to professionals and key employees who are travelling into or within UK for their employment or business. Research shows that businesses are cutting costs and one of the major costs is staff accommodation while travelling. An average hotel booking per night can cost from £65 and upwards. Service accommodations have now become more popular as room rates per night vary from £35 to £50 which in comparison to hotels is a substantial difference. This difference has led to increased demands for holiday lettings.
Generally when you let your property through normal lettings, you may not always be fortunate enough that your property is be maintained on a regular basis and handed back to you in the same state as you had let it out. The deposit almost never covers the cost of renovation. Once a tenant leaves, there are void periods before you find the next tenant. So, the little profit that you make is used up in basic renovations and to cover the expenses incurred during the void periods. This reduces your percentage return on investment and may also result in a negative return.
By converting your property into a quality holiday-let style lodging, you save money in the long run. After a minimal initial set up cost your property is maintained on a regular basis. Any wear & tear issues are addressed immediately ensuring overall high standards of the property throughout its lifespan hence achieving overall low maintenance costs, higher guest rating leading to repeat bookings and higher return on investment.
Why use Nest and Castle?
On average, at Nest and Castle Estates Ltd, the property occupancy rate is around 70% month on month generating an average net income of between £550 to £1,000 per room per month (these figures are based on an average of 20 days per month @ £35-£50 per night. En-suite room rates may vary depending on the location of the property).
Nest and Castle Estates Ltd promotes the property over 25 booking platforms e.g. Air BnB, Booking.com, Trivago, Expedia etc. therefore increasing the exposure of your rooms resulting in increased occupancy.
We also use an ingenious pricing software which compares competition and adjusts the rates accordingly to maximise occupancy. It also monitors low and high travel seasons.