Renting out a property on a short-let basis can be an exciting and well-paid venture, but it also has certain needs: it needs to be well-managed, it needs to be cost-effective, and it needs to be well-designed. When it comes to the latter, there are many factors that play a part in achieving this, and outlining and coordinating these is a part of what we do at Homewings.
We’ve decided to share some central redesign principles with you, as laid out by our designers, so that you can benefit from understanding the fundamentals of creating an individual, compact and simple short-term letting space – and why that’s important.
According to our designers, the top three aspects of design to focus on here are:
- Accent pieces
- Multipurpose furnishings
What do we mean by these? Well, to start with, think neutral – selecting an impartial colour scheme will ensure that your space appeals to the greatest number of people possible. This doesn’t mean that you have to select white, but orientate yourself toward lighter tones. You can offset and complement these with a colourful feature wall that creates contrast without undercutting the simplicity of your overall design. Just make sure this doesn’t clash with your chosen aesthetic.
Similarly, when it comes to furnishing your property, choose simple details with several accent pieces – like a statement armchair or striking artwork – to draw people to your rental. The secret here is that these pieces create focus points in your property, which not only look smart, but also attract attention in photographs, which are your main advertising point. This could be exactly what wins over a guest, by getting them to notice your place, and not one to the right.
Space is also an issue when redesigning a short-let – it’s all about that storage. Furnishings that are multipurpose or multifunctional are perfect for a short-let space. Quite often, these rentals are smaller than long-term lettings, meaning that you need to be resourceful, so finding a side table that doubles as a stool could make all the difference, and you should look for pieces that are adaptable to the different needs of each guest. The same goes for sleep count: you need to maximise your sleep count without compromising the spacious feel of your letting, so a piece like a pull-out sofa or futon can greatly improve your return on investment.
These are a few ways to streamline and define your redesign process, which is essential to creating a successful design-led letting. Of course, there are many other factors that you need to think about, from selecting the right distributors, to considering current interior-design trends, but these initial pointers should set you on track to getting exactly what you want out of your space. And, if you need more, then we’re just an email away.