Paul was busy running his own fire safety business and never intended to become a landlord, but when his son went to university in Southampton, Paul found his digs woefully lacking.
He borrowed money against the business and bought an old terraced house which he renovated in his spare time, soon enabling more students to move in.
It soon occurred to Paul that he was making money on the student rentals so he decided to focus on the Southampton lets and sold his fire business. However, as he became older and less keen on the responsibilities which came with being a landlord, Paul changed tack, sold all the student lets and invested in something more conventional: a cottage by the sea.
“When I first bought it I just loved it, always imagining we would live there – a short walk to the town or beach and just a bike ride to the New Forest.”
Paul took this new project on with gusto, with visions of his imminent retirement with his lovely wife, Pauline.
However, once work was finished on the cottage, Paul wasn’t ready to retire so he handed the management of his perfect holiday home over to Buy to Let Hunter.
Managing his serviced accommodation, BTLH engendered fabulous guest relations and very soon the five -star reviews were piling in.
“Now I am converting the old art studio in the garden to a Summer house. After a discussion with the BTLH team it seemed a no-brainer to make the small investment to get an even greater return”.
BTLH can help you find the perfect holiday home, too. Whether it is a place for your own retirement one day, to use for yourself now in conjunction with renting out or dedicated purely to guests, is totally up to you.
However, staycations have never been more popular, so if you are toying with the idea of buying a property or currently have one to let, the time may be now.
And what are Paul’s plans for the future?“I’m too happy where I live now, too entrenched in a fabulous community and frankly too busy to retire!” laughed Paul – but it is nice to know the perfect bolt hole is there waiting for them should he and Pauline take the decision to pick up their bucket and spade and go fossicking on the beach. In the meantime, Paul simply cashes his cheques and plans his next holiday.
“When I first bought it I just loved it, always imagining we would live there – a short walk to the town or beach and just a bike ride to the New Forest.”
Contact the team on 020 7550 9396 or hello@buytolethunter.com
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