Strong Rental Income Potential
Devon is one of the UK’s top staycation destinations, with year-round appeal due to its stunning landscapes, rich history, and local attractions. The demand for domestic travel has grown significantly, with staycations becoming more popular post-pandemic. This shift makes owning a holiday lodge in Devon a great way to capitalize on the rising trend. Fingle Glen Lodges, situated near Exeter, benefits from this ongoing tourism boom, ensuring a steady stream of potential renters throughout the year. The location is ideal for families, golf enthusiasts, and couples looking for a peaceful retreat.
By renting out your lodge when you’re not using it, you can generate significant rental income, especially during peak tourist seasons. A luxury lodge in Devon could bring in over £30,000 annually, depending on the size and amenity. Fingle Glen’s proximity to golf courses, scenic countryside, and local attractions further boosts its rental desirability, allowing owners to charge premium rates.
Tax Advantages and Low Running Costs
Owning a holiday lodge like those at Fingle Glen Lodges comes with several financial perks, including no stamp duty or council tax, making it a cost-effective investment from the outset. Additionally, if you let your property, it could qualify as a furnished holiday let, which brings significant tax benefits. Profits from furnished holiday lets can count as earnings towards your pension, and capital allowances can be claimed for items such as furniture and fittings, which helps reduce your taxable income.
Moreover, Fingle Glen Lodges offers a fully managed letting service. This hassle-free solution means the Fingle Glen team takes care of marketing, cleaning, guest check-ins, and maintenance, so you can enjoy passive income without the day-to-day responsibilities of managing a rental property.
Appreciation and Resale Value
The long-term value of holiday lodges, especially in high-demand areas like Devon, has been shown to be robust. With the right care and maintenance, lodges in prime locations can appreciate over time. The combination of Devon’s strong tourism market, the scenic appeal of the Fingle Glen area, and the increasing trend toward eco-friendly, sustainable holidays ensures that demand for such properties will remain high. This makes holiday lodges a sound investment for those considering resale down the road.
Additionally, the lodge’s location near Fingle Glen Golf Club adds another layer of desirability, making it attractive to a niche market of golf lovers and affluent tourists seeking luxury getaways.
Flexibility and Personal Enjoyment
One of the most attractive aspects of investing in a holiday lodge at Fingle Glen is the flexibility it offers. You can enjoy your lodge as a personal retreat whenever you like, and when you’re not using it, rent it out to generate income. This hybrid model allows investors to enjoy a beautiful holiday property while also offsetting the costs and even turning a profit.
Luxury lodges at Fingle Glen are designed with high-end amenities, including hot tubs, spacious interiors, and picturesque views, making them a highly attractive option for both owners and renters. The combination of a serene setting and modern facilities ensures that your lodge will stand out in the market.
Fingle Glen Lodges combines lifestyle appeal with financial rewards, offering investors a chance to enjoy the best of both worlds. Whether you’re looking to escape for personal holidays or generate significant income through rentals, Fingle Glen Lodges is an investment worth considering.