Two ways to earn from the same flat. On a twelve-month tenancy, one household pays you rent
every month. As a holiday let, forty or fifty households pay you for a few nights each. Rent is
a monthly figure times twelve. Holiday let income is a nightly rate times the nights you
actually sell. Everything else follows from that.
Work it through with our published indicative model. It is a market model, not a record of what
any property has earned. Take a two-bed flat in central Bournemouth: an indicative base of £142
a night, a central multiplier of 1.10, so about £156. Distributed across the channels and
actively priced, the model puts it at 68% occupancy, roughly 248 nights sold, or about £38,800
of booking revenue a year. The managed fee is 15%, so around £33,000 before
costs.
Now turn it around, because this is the number that decides it. To match £33,000, a tenancy on
the same flat would need roughly £2,750 a month, before any letting-agent fee and before a
single void week. Whether a two-bed on your street lets for that is a question for a local rent
appraisal, and we do not publish rent figures we cannot evidence. Get an appraisal on your own
property, or ask two local letting agents, before you weigh one model against the other.
That comparison flatters the holiday let, because it counts the fee and nothing else.