If you are considering serviced apartments as a potential property investment option, then it’s worth knowing why they are so popular and how they work. Perhaps you are considering letting your property investment as furnished accommodation for rent? In which case, this blog post may be of interest to you too.

Below we share the fundamental reasons that serviced apartments are popular for travellers in Peterborough.

·        Space

Serviced accommodation promotes itself as a home from home. It can offer guests all they want from a hotel, with the added benefit of extra space. It is reported that the average furnished serviced accommodation will provide guests with around 30% more space that a standard hotel room. Further to this, guests staying in serviced accommodation have the ability to cook, relax, work, chat with friends and sleep in a space that they can call and treat as their own.

·        Value

Research shows that serviced accommodation will be around 20% less than a hotel stay. This is where the real money value of a stay in a serviced apartment in Peterborough really comes in. For travellers staying in Peterborough longer, the VAT will reduce to 4% after 28 nights. These are savings available to long-term stays that would not be available in a hotel room. There are also no hidden costs within in the stay. Unlike at a hotel where you might need to pay extra for internet, fresh bedding, extra towels or the mini bar for example.

·        Flexibility

One of the factors that makes serviced accommodation popular for travellers is the flexibility available. Guests have the ability to function on their own schedule. This means that they can cook whenever they like, sleep, eat, relax and work when they choose to. The private space within the serviced accommodation also means that they can hold meetings with colleagues at times that suit everyone, without being cramped in a hotel bedroom or in the public space of a hotel bar.

·        Location

Our serviced  accommodation properties in Peterborough are located in or around the city and the buzzing metropolis of Hampton. Whatever you want from your stay, we can offer it to you. You will be near business areas, strong transport links and the amenities that you need. Serviced accommodation in Peterborough is popular due to its prime locations.

·        Privacy & Security

The self-contained space of serviced accommodation allows guests to enjoy a level of privacy that they wouldn’t be able to enjoy in a hotel setting. If you are looking to make yourself at home while staying in Peterborough, then serviced accommodation could be ideal for you.

Want to know more about starting out in the serviced accommodation? Call our team to find out more.