Charteroak | Buying a Lodge | Guaranteed Rental Income

CHARTEROAK (Stonerush Ltd)
1 Saxon House
Saxon Way West
Corby
NN18 9EZ

Email: info@charteroak.co.uk
Sales: 0800 117 0883
Customer service: 01503 220 220

Charteroak Holiday Lodges in Cornwall

uP TO 8% Guaranteed Rental Income

Earn back up to 8% of your purchase price, each year for 3 years with Guaranteed Rental Income with selected Charteroak® holiday home purchases*.

Selected holiday homes, at all four of our parks, are available with the option to join our fully managed letting service, with Guaranteed Rental Income of up to 8% of your purchase price for the next three years. The Guaranteed Rental Income per annum, includes plot fees* and at the end of the three year period you will be given the option to move onto the Managed Sublet scheme, with a variable return.

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*The up to 8% guaranteed rental income relates solely to income generated through subletting your holiday home and is based on the price of your holiday home at the point of purchase. Please be aware that post purchase, the value of your holiday home is variable.

How does Guaranteed Rental Income Work?

Our Guaranteed Rental Income enables you to purchase a holiday let, with the reassurance of knowing exactly how much income you will receive over the first three years. Once you have purchased your lodge we will market the holiday let on your behalf. Your holiday home will be rented out purely for the purpose of holidays and the Charteroak® team will look after the whole process for you, from marketing and liaising with guests to looking after your lodge in between rentals. You will also have an annual allocation of days where you can use your holiday home for your own enjoyment.

What are the Benefits of Guaranteed Income?

With a Guaranteed Rental Agreement, you can enter into the world of holiday letting risk free. From day one you will have the peace of mind of knowing how much income to expect and when to expect the income in your bank account. Your holiday let income will not be affected by seasonality or market downturns, enabling you to effectively budget. Additionally, whilst in the three year Guaranteed Rental Income agreement, a number of annual costs associated with holiday home ownership will also be covered. These include:

Insurance

Utility bills

TV licence and broadband

Hot tub maintenance

Linen and cleaning (excluding periods of own use)

Annual plot fees

Rental commission

Maintenance programme

Is the Guaranteed Rental Income available with all Charteroak® lodge purchases?

Our 8% Guaranteed Rental Agreement is only available with selected lodge purchases at Southern Halt and Stonerush Lakes in Cornwall and on selected holiday homes at Manleigh Park in Devon and Stafford Moor and is not available on any private sales. For details on which holiday homes are available with a Guaranteed Rental Agreement please get in touch.

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Will I be able to use the holiday lodge myself?

You will be able to use your holiday lodge for up to 5 weeks in each calendar year of the Guaranteed Income Agreement. There are some restrictions on when these weeks can be taken, but you will find that you will have some access to your lodge throughout the year.

What if I change my mind?

If you decide that Guaranteed Rental is not for you, or would prefer not to sublet your holiday lodge at all, there are opportunities to end your contract before the end of the three years and we can explain all of this and any other conditions to you before you purchase.

SOUNDS GREAT, WHAT'S NEXT?

If you would like to speak to us about Guaranteed Rental Income and view the holiday homes that we have available, please complete the form below and we will be in touch to book an appointment with you.

If you have a query or need a little more info, we are here to help. Just fill in the details below and one of our team will do their best to help.

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