by Helen Hayes
With the staycation here to stay, and uncertainty about foreign travel, people are already booking their annual holidays across the UK with many also considering buying a holiday home in the West Country. One they can enjoy with their family and friends at any time of the year, and at the same time make a very profitable income which will also help pay for the everyday overheads of the property.
When looking for a holiday home to buy, it’s very easy to be swept away in the romance and excitement of it all, but there are some basic things you really should consider before purchasing your property. Making the right choices now will help you reap the best rewards in the future.
If you find a property which is aesthetically pleasing this a very good starting point. We know pictures sell and the more photogenic the better. It’s also important there are nice surroundings, there’s no point having a pretty cottage in the middle of an industrial estate.
When looking, think to yourself, is this somewhere I would like to go on holiday? Consider if the property is in a nice setting, does it have good views? Is it close to anything of interest to which your guests will be drawn? A garden or some outside space is appealing to everyone. The more space the better, ideal if you can fit in a hot tub or even a pool, this will certainly help increase your bookings and earning potential. Good parking is also something to consider. If there is no off road parking or parking outside the property, find out about buying parking permits for the local car park; anything to help make your guests’ experience easy.
When considering buying a Holiday Home in the West Country, the other important points are the health and safety requirements. It’s not just a case of having smoke detectors and fire extinguishers. Many people wouldn’t even realise if you have a private water supply, this will need regular testing. You may be considering a mortgage, but which one? There are many to choose from, visit our mortgage advice blog for more details. Then there’s tax on holiday home income, check out our blog about holiday home tax. All of these factors need to be taken into consideration and can take hours of research.
Yes, you can do your own bookings on one of the many DIY sites, but using our agency is the easiest and most hassle-free way to go, while remaining in full control. Our property experts will guide you through the journey from making the right purchase, putting you in contact with recommended tax, insurance and mortgage consultants, and we can even help you find a housekeeper to look after the property in your absence.
So now you have spoken to our experts and you’re considering where to buy. You will find some well known destinations in the West Country have become extremely expensive. If you’re looking for areas where you can get more for your money, and are still great locations, our suggestions below may help.
Somerset has a huge amount to offer but is often overlooked as a county you only travel through on route to Devon and Cornwall. It is a county of beautiful rolling countryside with the Mendip Hills, Quantock Hills and Exmoor National Park as well as the huge flatlands of the Somerset Levels. Famous destinations include Cheddar Gorge and Glastonbury Tor, the county also boasting an expansive coastline to the north with the Bristol Channel it makes an ideal holiday location.
One place to keep your eye on, is the ancient town of Bruton in south Somerset, with its narrow closely built streets. This has become very cosmopolitan, with the town being within easy reach of London with good road access via the A303 and trains from Castle Cary. The town sits on the river Brue and hosts many charming shops and restaurants and is home to the well known Hauser & Wirth world-class gallery and art centre with impressive landscaped gardens. Bruton is only a short drive from the cathedral city of Wells which puts it firmly on the map on great places to stay.
North Cornwall may take a little longer to drive to than heading straight to Cornwall on the A30, as you need to work your way along minor roads with no direct fast links until you reach the Atlantic Highway. The rugged North Cornwall coastline is spectacular and you can discover many villages such as Port Issac, famous for the Doc Martin series, or Tintagel Castle associated with the legend of King Arthur.
Close by is Bude. When thinking of the trendy surfing beaches in the UK everyone thinks of Newquay, but on the north Cornish coast, right on the border with Devon is Bude, a small bustling gem of a town with lots of surf and gift shops and many places to eat. Bude has some wonderful long stretches of beach, some of which are overseen by lifeguards in high season, ideal for bodyboarding and surfers of all abilities. The town has all the amenities you could wish for to keep your guests happy; from bowling alleys to swimming pools and a host of supermarkets. Surrounding the town is open countryside offering lots of stunning coastal walks. It does get busy in summer but on a much quieter scale than other seaside destinations, meaning there are still some bargains to be had here.
East Devon is a popular holiday spot and hosts part of the Jurassic Coast, a world heritage site which begins in Exmouth and runs for a total of 95 miles through East Devon and into Dorset, ending at Old Harry Rocks near Swanage. Along the coast are the popular seaside towns of Exmouth, Sidmouth, Seaton and Budleigh Salterton, all very gentle places with lovely beaches, cafes and shops.
You will get more for your money if you come inland towards the market town of Honiton, where the landscape becomes more rural but still with easy access to the coast and good road networks to Exeter and the rest of Devon and Cornwall. Surrounding Honiton are idyllic places like the Farway Valley, which is a lovely example of beautiful rolling hills, with farms nestled into the landscape. There are many small towns such as Ottery St Mary, famous for celebrating Guy Fawkes night with burning tar barrels which are carried aloft through the crowds, all things which help to attract guests to this region.
Whatever part of the journey you are on to buying a holiday home in the West Country, it is always wise to get expert help right from the very beginning. Call us today on 01647 401799 (select option 2) or email us firstname.lastname@example.org to discuss how we can help you achieve your dream.
If you are considering letting your cottage with us, please visit Let Your Cottage. We make holiday letting hassle-free for our property homeowners.
Meet the owner – Linda Adams with holiday cottages in Noss Mayo, Devon.
Holiday homes, tax and all things in between
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