What to look out for when buying a holiday home in Cornwall
Whether you’re buying a holiday home in Cornwall for investment or personal reasons you’ll need to consider certain key factors about the property. Bear these in mind and your holiday home will have a far higher probability of success. Above all, when you’re looking for a suitable holiday home in Cornwall, remember to ask yourself “would someone like to holiday here?” As long as the answer is “yes”, then you’re on the right track.
Location, location, location
The time-old adage continues to apply when buying a holiday home. You may fall in love with a property, but if it isn’t in an area that appeals to guests on holiday, don’t allow your love affair to go any further.
When you’re looking for the best location think about:
Choose a holiday home in Cornwall that’s easy to get to. Make sure a main road lies close by or at least within 15 minutes’ drive. Double check how busy the roads get in high season – gridlocked traffic doesn’t make a good start to any holiday. If the roads nearby do tend to be very busy in the summer, investigate alternative routes to offer guests.
Wow location factors
Look at properties with something extra. Go for homes with views (sea, hills or moor) – everyone loves something stunning to gaze at. Consider a holiday home within walking distance of the shore – everyone likes the idea of being able to pop down to the beach.
Time of year
Seasonality of the location is paramount especially when you’re trying to fill your booking calendar outside holiday season. An area that’s dead in winter won’t attract holidaymakers while a resort or town with year-round activity will appeal to guests in the quieter months of the year too.
While some guests will want to really get away from it, most people like to have amenities within an easy distance. Choose a property near shops, places to eat and other essentials. If they’re not a walk away, make sure it doesn’t take more than 15 minutes to get to them by car.
To determine the right size for your holiday property in Cornwall, first think about your target market. If you’re planning to cater for couples, a small property will fit the bill. But if you want to appeal to families or groups, the holiday house will need at least three bedrooms.
More bathrooms equate to a better experience for guests and as a result, the property will appeal to more holidaymakers and give you better occupancy. In a property with two or three bedrooms, there should be at least two bathrooms. For maximum appeal, choose a property with an en suite bathroom for every bedroom.
As well as the property’s location, you also need to look at its features. Those that increase potential for holiday letting success include:
Even if the property has no more than a terrace or balcony, an outdoor space is a must. All guests want to be outside during their stay and in the summer, a garden, patio or terrace is particularly important to enjoy some al fresco dining. Add a hot tub to the space and your property has guaranteed extra appeal.
Nice to have or must have?
No one wants to waste valuable holiday time looking for somewhere to park so make sure the property has guaranteed private parking. Having a designated parking spot means your guests have peace of mind and know they can go out for the day safe in the knowledge that they will come back and be able to park their car safely, at no cost and with ease. In the towns and villages where this simply isn’t feasible for centrally located properties, organise a parking permit for on-street for car park parking.
High-speed WiFi at a holiday home is simply a must and few holidaymakers will consider booking a stay at somewhere without it. Cornwall is reasonably well connected but check to see if WiFi is available at your chosen property.
Mobile phone signals in some parts of Cornwall are poor so it’s worth installing a gadget that boosts the signal. If this isn’t an option, make sure you tell your guests about the apps that can help them receive calls and texts via your high-speed WiFi connection.
The only contradiction to this advice is if you’re purposely creating a digital detox, off-grid offering whereby variable phone signal and no WiFi are part of your unique selling point.
You may decide to broaden your holiday home’s appeal by offering accessible accommodation. Check that the property is either already suitable or can be easily adapted without significant expense.
As well as central heating, an absolute must-have if you want to let the holiday home during the cooler months, think about adding a winter-warming feature. Everyone loves a real log fire, either in a fireplace or as a log burner. If your chosen property doesn’t include one already, find out if it’s feasible to add one. It could also add value to your property further down the line.
Suitability for pets
When considering buying a holiday home in Cornwall, think about whether you’re prepared to accept your guests’ pets. While you might be tempted to minimise wear and tear by having a no-pets policy, more and more holidaymakers like to take their dogs with them. By allowing the canine members of the family to come along too you increase the appeal of your property and up your bookings.
A dog friendly holiday home should have suitable walks and beaches nearby (note that most beaches in Cornwall allow dogs at certain times of the day and/or year) as well as enclosed outdoor space for them to securely roam in.
All pet friendly holiday cottages apply a fee per dog and a number of dogs limit in consideration of the additional cleaning and wear and tear to be covered.
At Cornish Traditional Cottages we’re more than happy to offer advice on buying a holiday home in Cornwall and help you choose the best property for success. Get in touch here to see how we can help you.