How Much Can I Make?

Average Income from Holiday Lets

Here are three examples of different properties in different locations around the Lake District and the average income we would expect.

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Skelwith Bridge – Sleeps 2

  • Accepts pets, off-road parking
  • Great location and is of good quality throughout

The gross income generated for this particular cottage in 2019 was £21,000

Ambleside – Sleeps 6

  • Accepts pets, off-road parking
  • Central Ambleside.
  • Games room on the ground floor

The gross income generated for this particular cottage in 2019 was £36,000


Ambleside – Sleeps 8

  • No pets, off-road parking
  • Traditional cottage for the larger party
  • In the heart of Ambleside

The gross income generated for this particular cottage in 2019, its first year was £33,000

Can you get a mortgage on a holiday let?

The answer is: Yes! We have seen unprecedented demand for holiday lets as investors flock to buy a new cottage and cash in on the long-term benefits offered by holiday letting.
– Holiday Cottage Mortgages

What can you expect for your money?

  • £320,000 – A traditional slate-roofed, two-bedroom cottage in a picturesque village
  • £1.5m – A six-bedroom former farmhouse with lake and mountain views
  • £4m – A stately home with attached cottage, paddock and indoor pool

Source: England’s Lake District: where to buy a home in hikers’ paradise – Financial Times

If you’d like to know more about letting your property, check out the owner FAQ’s

Interested in letting with us?

Start getting the advice, service, and bookings you deserve

Still Have Questions?

Take a Look Below

Whether you’re looking for your dream Lake District cottageunhappy with your current letting agency, or you’re looking for holiday investment properties in the Lake District we can help. 

If there’s anything you’d like to know that we haven’t covered below, please let us know.

Owners Guide

How to Manage Existing Bookings when Changing holiday letting agent?

If you feel you would like to switch agents, this can be done in a seamless way. Our priority is that your guests are not affected in any way

What will happen when Holiday Let Registration starts?

Let's chat about Holiday Let Registration (so much fun!) It seemed to be in the distant future but, it’s now creeping up fast!

Best Places to Buy a Holiday Home in The Lake District

We get asked this question a lot and our initial response is almost always to buy somewhere in an area that you have an affinity with

How Many Days a Year Can You Live in A Holiday Home?

We have no restrictions on the number of weeks you can use as owners but do bear in mind that you could be eating into valuable income

What Are the Legal Requirements for Holiday Lets?

There are several things you need to ensure you have in place when renting out a holiday property, here are the compulsory steps.

What Should I Do To Ensure Guests Have A Memorable Stay?

Making sure your property is well furnished and well equipped can get you more lets, increase the rent level, and increase the returns

What is the cost of running a holiday home?

Our service includes us being available to your guests at all times, 365 days a year and every evening in case of a problem

How Do I Advertise My Holiday Home?

Here are our top 5 things you can do as an owner to increase your presence online.

How Will You Advertise My Holiday Cottage?

Find out how we can help you market your holiday cottage. We aim to ensure good levels of bookings for all of our properties.

When and How Will I Get Paid for my holiday home bookings?

All monies paid by our holidaymakers are placed in a secure, client account from where we pay our owners by BACS transfer.

 
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