Yes. Passive investing is often considered a more hands-off approach to investing, as it allows investors to earn a return on their investment without actively managing the assets. 

Average investment required is £7500. The price can vary as per the location of the property. 

This depends entirely on the investor. If you can afford to pay upfront then you can buy the furniture. If you’re a little tight on budget, then you can lease the furniture.

Minimum 36 months with 12 months break clause.

This is a rare occurrence, however, the investor can exit the contract after 12 months.

Once the property has been viewed by the investor, it takes a few days to get the rental agreement finalised. Usually it takes 2-3 months for the property to go live. 

There are multiple platforms:

1. Booking.com
2. Airbnb
3. Rental United
4. Vrbo, homelike
5. Misterb&b
6. Guesty
7. Xclusive Living 
8. Corporate Agencies
9. Situ, Owl, ICAB, Tradestay, Roomless, Pillowpartner, The square, Silverdoor, Roost, Rentola,OpenRent, Comfy Workers
10. Direct bookings database 
11. Contractor companies database

The mix of guests staying in serviced apartments can vary depending on the location, amenities, and pricing of the apartments. However, generally speaking, serviced apartments tend to be popular among business travellers, families, and individuals looking for an extended stay.

Business travellers often choose serviced apartments because they offer more space and privacy than a traditional hotel room, as well as the convenience of having a fully equipped kitchen and a dedicated workspace. Families also tend to enjoy serviced apartments because they can accommodate more people and offer amenities like a separate living area and kitchen, making it feel more like a home away from home.

Other guests who may opt for serviced apartments include people relocating to a new city or individuals in need of temporary accommodation due to home renovations or other reasons. Overall, serviced apartments tend to attract guests who value comfort, convenience, and flexibility in their accommodation options.

Star Sterling Limited operates a staged fee policy based on the occupancy to align our interest with our clients. The management fees are charged as per the following occupancy levels.

• Up to 50% occupancy – £83.33 + VAT (£100 inclusive of VAT)
• Between 50% and 75% – 12.5% + VAT (15% inclusive of VAT)
• Between 75% and 90% – 15% + VAT (18% inclusive of VAT)
• Between 90% and 100% – 20% + VAT (22% inclusive of VAT)

The fee is charged based on a percentage of the total gross revenue collected minus OTA fees.

Minimum 36 months with 12 months break clause. The investor has to notify 3 months prior to existing the contract. 

Yes, if you want to you can. However, it is recommended to have your property managed by a reputable company, such as Star Sterling, to avoid any unnecessary hassle. 

Serviced accommodation can be a good investment strategy for several reasons. First, it offers higher potential returns compared to traditional buy-to-let properties. Serviced accommodation can generate higher rental yields as it targets a niche market of short-term rentals for travellers, tourists, and business people.

Second, serviced accommodation provides more flexibility for investors. Unlike long-term rentals, serviced accommodation can be rented out on a short-term basis, which means that investors can adjust rental rates and occupancy levels to respond to changing market conditions. This can help investors maximise their returns and reduce the risk of vacancies.

Overall, serviced accommodation can be a good investment strategy for investors who are looking for higher potential returns, greater flexibility, and tax advantages. However, like any investment, it comes with risks, and investors should conduct thorough research and due diligence before making any investment decisions.

Rent to rent is legal in the UK, but it is subject to certain regulations and requirements. Rent to rent is a type of property investment strategy in which an investor rents a property from the owner and then sublets it to tenants for a profit.

In the UK, rent to rent is regulated under the Housing Act 1988, which requires landlords to obtain permission from their mortgage lender and the local authority before subletting a property. Landlords must also ensure that the property meets all legal and safety requirements, such as obtaining a gas safety certificate and installing smoke detectors.

Working with rent to serviced accommodation operators can offer several benefits for landlords. Some of these benefits include:

Guaranteed rent: Rent to serviced accommodation operators often provide a guaranteed rent to the landlord, which means the landlord can have a consistent income stream without having to worry about tenants defaulting on their rent payments.

Professional management: Serviced accommodation operators are experienced in managing properties and dealing with guests, which can relieve the landlord of the burden of managing the property themselves.

Higher rental income: Rent to serviced accommodation operators can offer higher rental income compared to traditional long-term rental agreements. This is because serviced accommodation is often priced at a premium due to the added amenities and services.

Reduced vacancy rates: Serviced accommodation operators often have a steady flow of guests, which can reduce vacancy rates for the landlord.

In London, the 90-day rule refers to a restriction on the use of residential premises for short-term rentals, such as those posted on home-sharing sites like Airbnb.

Under the Greater London Council (General Powers) Act of 1973, it is unlawful to rent out an entire residential property in London for more than 90 nights per calendar year without the local council’s authorization. This means that hosts can only rent out their full property for short-term visits for a maximum of ninety days per year without approval from the local municipality.

The 90-day restriction is intended to prevent London houses from being used exclusively for short-term rentals, which can have a negative effect on the local housing market by lowering the quantity of available long-term rental properties. It also aids in preventing problems such as noise disturbance and antisocial conduct, which can occasionally occur from short-term leases.

It is important to note that the 90-day limit applies exclusively to entire properties rented for short-term visits. As long as the host is still living on the premises throughout the guest’s stay, it does not apply to separate rooms inside a property.