Are you a landlord with properties in the UK and looking to invest in the serviced accommodation market? As a property management business specialising in serviced accommodation, we have the insider knowledge to help you understand the best locations for serviced accommodation.

City centres

City centres are always a popular choice for serviced accommodation due to their proximity to business districts, tourist attractions, and public transportation. Cities like London, Manchester, and Birmingham are just a few examples of places with high demand for serviced accommodation. By investing in a serviced apartment in the city centre, you'll be able to attract both business and leisure travellers.

Financial districts

If you're looking to invest in the serviced accommodation market for business travellers, properties located near the financial district can be a lucrative choice. This is particularly true for cities like London, which has a large concentration of financial institutions. By investing in a serviced apartment near the financial district, you'll be able to attract business travellers who need to be close to their work.

Residential areas

Investing in a serviced apartment in a residential area can be a great choice for long-term stays and families. By investing in a property in a residential area, you'll be able to offer guests a peaceful and quiet atmosphere while still having easy access to local amenities.

Tourist areas

If you're looking to invest in the serviced accommodation market for leisure travellers, investing in a property close to popular tourist attractions can be a smart choice. Cities and towns like Bournemouth, Edinburgh, Bath, and York have many attractions and historical sites that are within walking distance of serviced apartments. By investing in a serviced apartment in a tourist area, you'll be able to attract visitors who want to experience all that the UK has to offer.

University towns

Investing in a serviced apartment near a university can be a great choice for visiting academics or students. Cities like Cambridge, Oxford, and Coventry are just a few examples of university towns with a high demand for serviced accommodation. By investing in a serviced apartment near a university, you'll be able to attract students, academics, and their families who need accommodation close to the campus.

In conclusion, investing in serviced accommodation can be a smart choice for landlords who want to expand their property portfolio. The best locations for serviced accommodation in the UK depend on your investment goals and target market. Choosing the correct property management company can help you find the perfect location for your investment.

Tom A

20^th April 2023