Buying a Holiday Let Investment (FHL)

Big Skies Estates is the only estate agency to specialise in the sale of second home investment properties that also generate income as holiday cottage businesses (Furnished Holiday Lets or FHL’s). We focus specifically on the North Norfolk coastal area and have successfully marketed properties from Dersingham in the West all the way around to Sea Palling in the East.

We work with second home buyers who are looking to invest in a second home for family use which can also generate a second income from holiday letting; those looking for a second home for private use only; and an increasing number of more investment focused buyers who are interested in particular in the Return On Investment (ROI) that holiday cottage properties can generate.

For many buyers making the dream of a second home on the North Norfolk coast a reality can only be justified if the property can generate some income to offset costs or indeed provide a reasonable Return On Investment (ROI). We understand this and offer a completely unique approach to the marketing of our properties that either currently operate as a holiday let business (Furnished Holiday Let or FHL) or have the potential to be one.

Unlocking Holiday Let Potential

With our unique background in holiday lettings, we can offer an insight from the outset into the either the actual letting history or realistic projected income generation of the properties we bring to market. We include a specific section on Holiday Let Potential in our marketing and we use either actual letting figures or projections of likely income within it.

Often, we can negotiate the sale of holiday let cottages as turn-key properties, including most of the furniture, fixtures and fittings. This means that there is no need to change any existing marketing photographs and helping to ensure a seamless transfer of forward bookings.

Holiday Let Investments

Investing in a property as a Furnished Holiday Let (FHL) is becoming increasingly popular. There are a number of reasons that it is an attractive investment option. These include:

  • The likelihood that the property will be in a desirable area and therefore increase in value.
  • FHL Businesses can be more attractive from a tax perspective than traditional Buy to Let investments (for more information see our Guide to Furnished Holiday Lettings & Tax from Lovwell Blake Accountants)
  • The ‘Staycation’ is becoming increasingly popular and is only likely to become more so.
  • You can use your holiday home, come to stay and enjoy the area.

Holiday Let Advice - Big Skies Holiday Cottages

Big Skies Holiday Cottages is North Norfolk’s newest holiday cottage agency. It is part of the Big Skies family, alongside Big Skies Estates, Norfolk’s only multi-award-winning estate agency specialising in the sale of holiday cottages and second homes. Our owner/director, Hetti Simpson, has been an integral part of the holiday cottage industry in North Norfolk since 2009, as the original founder and owner of Norfolk Hideaways until 2016. Her passion for all things holiday cottages is the driving force behind both Big Skies Estates & Holiday Cottages. We are a small, local team, based in Holt and what makes us stand out from the crowd is our people. We care deeply about the service we provide to both owners and guests. We are here to share our local knowledge of the area and of each property we market with guests and to be their first port of call before, during and after their stay. We are here to act for our owners as their agent in Norfolk, on hand to help in any way we can to ensure that sharing your Norfolk home with guests is as straightforward and stress-free as possible. Big Skies Holiday Cottages is not here to be the biggest local agent in Norfolk, the focus is on being the best.