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What are ‘Serviced Apartments’?
‘A serviced apartment is a completely furnished apartment available for both short-term and long-term stays. They are inclusive of utility bills and of provide all the hotel-like amenities such as maid service and reception or 24 hour customer service’.
Are they a good idea for investment?
With the steady growth of business travel and tourism in many parts of the UK, and consequently high-to-full occupancy rates, serviced apartments are becoming more widespread across major cities. There are various elements of risk involved when buying serviced apartments as with any type of investment – however serviced apartments offer relatively strong returns with relatively low risk.
Furniture for Serviced Apartments.
Typically a contract specification quality would be preferred due to the high change of tenants etc. Similar to a hotel, serviced apartments can have changes of users daily and furniture and furnishings need to be built for heavy useage. A semi-contract product can also be used as this will be more cost effective when looking at cost to replace if there has been any damage by the user.
Furnish That Room can advise on each aspect of the property in relation to furniture choice, layout and also the aesthetic that will help give your investment the edge in a rapidly growing sector of tenancies in the UK.
What can we provide for you?
We can provide crib 3 or crib 5 (contract specification) furniture and can offer upto 3 years warranty to give you piece of mind that what you have purchased will last.
⊗ Fabric and leather sofas (bespoke, any size / colour etc..etc).
⊗ Occasional furniture which works well in heavy use areas.
⊗ Tv / Entertainment units, Tv’s (wall mounted), DVD players.
⊗ Dining sets to seat 2 to 10 people.
⊗ Rugs, soft furnishings and lighting packs.
⊗ Fitted bedroom cabinet as well as loose items.
⊗ Zip and Link beds.
⊗ Bedding packs / Kitchen packs / Cleaning Packs.