Enhance your lifestyle with a Tingdene Lifestyle holiday home investment
Owning a holiday home has many benefits – you can take a break in your home-from-home whenever you like, there are no stressful airport experiences, and you can even bring your pets with you. It can also be a great investment, as Danusia Wheeler explains….
Holiday homes are nothing new to Danusia Wheeler, having renovated a holiday property abroad; so when the opportunity to buy a holiday home on Tingdene Broadlands Park & Marina in Lowestoft presented itself, she could immediately see the benefits of a property closer to home. Danusia, who lives in St Ives, Cambridgeshire, decided to “have a nose” around the park whilst visiting family last year and was impressed with how easy it would be to buy a holiday home as an investment, letting the team at Tingdene Lifestyle handle the day-to-day management of the holiday let.
Watch our brand new video with Danusia Wheeler on owning a holiday home as an investment..
Earning an income from holiday lettings
“We’re living on a pension now and it’s not quite the same income that we had when we were working, so this seemed a great idea to get a bit more income without too much effort,” says Danusia.
“We have family just down the road and I've been two or three times to stay at a hotel not far from here. I’d been to have a nose, like you do, and thought that it might be a good idea.”
Danusia was particularly interested in how easy it would be compared to the previous holiday home they’d owned in Slovenia.
“Letting a property abroad is much more difficult because, obviously, you’re much further away,” she says. “You have to find somebody who’s going to house keep and maintain it for you - if you're 1,200 miles away it's not as easy as if you're two hours away.
“Here at Tingene Lifestyle, everything can be taken care of through the managed letting scheme – we’ve literally done nothing since we handed over the keys nine months ago.”
Once the sale had gone through, Danusia was able to put her own stamp on the place before letting it out.
“All the properties come painted and have curtains and carpets in very neutral grey colours, but we had to furnish it literally down to the last teaspoon and toilet roll holder,” says Danusia. “The idea was to furnish it to a standard that we would be happy with, and hope that other people would be too. We didn't skimp on anything because we felt that, long term, it would be better as things would last longer, and I think that's been proved by the way the place looks nine months on.”
It's a two bedroom property, with a double room and a twin room, and there's a decking area at the front which faces west, which Danusia says is “lovely for a nice glass of wine in the evening”.
The kitchen is also fully equipped - although Danusia points out that she’s not sure why you would cook when you have the club house down the road!
The process has been really straight forward and has allowed Danusia to take a very hands-off approach to her holiday home investment.
“Tingdene Lifestyle basically do the whole lot; when holidaymakers arrive, they are welcomed by the reception team who explain everything about the park and all the things they can do locally,” she says. “If you've got a booking for three days and then another one immediately after of four days, the property is cleaned thoroughly between the two lets.”
Holiday letting income helps people live the life they had before they retired
In fact, all Danusia has to do is view her monthly statement to find out how many days her holiday home has been let for, and the following week the money is in her bank account.
“It allows you to see roughly what's happening and you know what to expect – peak dates during the school holidays are likely going to be booked out fully, and the rest is just that bit extra.”
So what does the extra money and freedom from owning a Tingdene Lifestyle holiday home mean for Danusia?
“It basically means that we can live the life that we lived before we retired,” she says. “We don't have to worry about if we can afford to go out for lunch, for example, whereas we know people who do. If we want to go away for the weekend we can, that's what the extra income does for us. It just enhances our lifestyle.”