So what are the benefits of a short stay apartment? Well you don’t have to pay the mortgage for starters, and most even come as serviced properties, so you don’t even have to the the chores! And also you can rent wherever you wish, whether it’s within the UK or abroad, and you can rent from a few days, weeks or months.

A short stay apartment is also known as a  short term let, and is ideal for those of you who have to work away from home, or for the adventurers who wish to explore a holiday destination properly, but wish to stay in a place that has the comforts of home.

This is also a great option of letting out your property if you live near a popular sports area such as Wimbledon, because they you could make a small fortune from either the players, or sports fans who wish to be closer to the action. Things like the Tennis Tournaments only last for about a few weeks, it would be a great opportunity to let out your house and earn some serious income. Or as a fan you can see all or most of the events without having to go through the gruelling process of camping overnight, paying extortionate prices for a hotel, or even driving there early in the morning.

As a landlord with a short term let house, the rent can be increased and this decision can be made more often than a long term let, and also the landlord can evict problematic tenants more easily. The same applies to the rental agreement and the terms, with notice to the tenant. On the positive side a lot of companies are willing to pay high rental prices, so if your property is in the right location and is kept at a high standard, it could mean the corporate sector can be quite profitable.

As a tenant, there could be  a lot more places to select from for a short term let, because more homeowners may be letting their properties for numerous reasons; such as for Wimbledon each year as mentioned above, and it would be more comfortable than a hotel. So whether you are a tenant or a landlord, choosing a short term let property is a great choice if you only want to stay somewhere for a short stay.