It's hands down the most time efficient way of earning more cash for me, putting the house up as an Air BnB but there's a lot of work to be done before hand for sure!
These are very rough figures some pulled out of thin air!
Total... just > £3000 !
£60 a night shld be easy enough to achieve.... so working on 10 nights a month on average which isn't a lot that would mean....
£600 a month! That would be damned tasty...
But minus 20% in tax
Minus another 20% to maintain...
We're looking at around £350 a month net
Although thinking out loud I cloud claim back most of that tax given that it's legitimate business rental expenses
So that means the Vest would pay for itself in about 8 months which is not too shabby!
And the Vest makes it more sellable for at least another 3-4 years!
