In recent years, Tunbridge Wells, Tonbridge, Sevenoaks, and surrounding areas have seen a significant rise in demand for short-let properties, particularly 1 and 2 bedroom apartments. These charming commuter towns, with their scenic landscapes and easy access to London, are fast becoming hotspots for both leisure and business travellers seeking flexible and cosy accommodations.
The increasing popularity of these locations for short-term stays is driven by several factors:
Commuter-Friendly Locations: Situated just a short train ride away from London, these towns offer the perfect escape for professionals looking for weekend getaways or a peaceful base during business trips. This proximity makes them ideal for short-let accommodation, offering guests the flexibility of a home-like environment without the constraints of a traditional hotel.
Scenic and Historical Appeal: The picturesque beauty of these towns, combined with their rich history, is a strong pull for tourists and staycationers alike. From the Georgian architecture of Tunbridge Wells to the historic attractions in Tonbridge and Sevenoaks, there’s plenty to explore.
Evolving Travel Trends: More guests are looking for flexible, private accommodations, especially since the rise of staycations. Whether it's for business or leisure, people prefer the convenience and comfort of a short-let apartment over the limited space of a hotel room—especially for longer stays.
For property owners in these areas, tapping into the short-let market presents several attractive benefits:
Higher Occupancy Rates: Due to the increasing demand, many short-let properties in these towns are enjoying year-round high occupancy rates, particularly in the 1 and 2 bedroom apartment categories.
Strong Rental Yields: Short-let rentals often outperform long-term lets in terms of rental yield, especially in areas like Tunbridge Wells, Tonbridge, and Sevenoaks, where the demand for flexible accommodation is rising.
Low Management Effort: Partnering with a professional short-let management service like Pass The Keys makes the process hassle-free. From handling guest communication to managing the day-to-day operations such as cleaning and key handling, you can sit back and enjoy the benefits with minimal involvement.
If you own a 1 or 2 bedroom apartment in any of these areas, now is the perfect time to explore the short-let market. The demand is high, and the potential for attractive returns is even higher.
Curious to see how your property could perform? Get in touch with your local account director at Pass The Keys to discuss how we can help you tap into this booming market.