Property Types
Serviced Accommodation (SA)
Short-term furnished rentals like Airbnb
Full Definition
Serviced accommodation refers to fully furnished properties rented on short-term bases through platforms like Airbnb, Booking.com, or directly. SA can generate 2-3x the income of traditional lettings but requires more active management, higher operating costs, and may need planning permission for change of use. Popular in tourist areas and city centres.
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Analyse a PropertyMore Property Types Terms
Buy-to-Let (BTL)
Property purchased specifically to rent out
HMO (House in Multiple Occupation)
Property rented to 3+ unrelated tenants sharing facilities
Single Let
Property rented to one household on one tenancy
BRRR (Buy, Refurbish, Refinance, Rent)
Strategy to recycle capital through forced appreciation
Property Flipping
Buying, renovating, and quickly selling for profit