Serviced accommodation
The demand for serviced accommodations has risen significantly in recent years, driven by factors such as population growth and an influx inof business and contractor activity in specific regions in kent.
For instance, Maidstone is home to 25 businesses employing 250 individuals and supports a population of approximately 170,000. Consequently, more people are seeking convenient lodging options for their work commutes.
To capitalize on this opportunity, it is essential to establish serviced accommodations in prime locations, ensuring they are fully managed and well maintained. This approach allows you to secure guaranteed rental income, transforming your investment into a hassle-free endeavor.
Kent, particularly Maidstone, has witnessed significant investment, with over 20 Million allocated to construction projects in the past four years. This trend indicates a robust pipeline for future developments, further enhancing the potential for serviced accommodations in the area.