Born and bred in Cornwall, with over 30 years’ experience, we are a multi-award-winning architectural and interior design practice and luxury property builder. Our teams across all areas of the business live and breathe this special place. Life, and truly living, in Cornwall, is about so much more than bricks, mortar, wallpaper and furniture: our unwavering passion for the Cornish life + style is at the heart of everything we do.
We have a complete understanding of Cornwall and the ‘saltiness’ which lives in its fabrics, finishing, permanence, operations and elemental conditions, as well as in the general toughness of coastal (and often business) environments. We are Cornish to the core and know how Cornwall operates. We understand its charms and challenges, how its business and politics are conducted. We know its diverse landscapes: rugged moorlands, wild coastlines, and everything in between.
We also know what holidaymakers want, so are the ideal choice for investors. And with our Absolute turnkey solution, everything can be done for you so you don’t even need to come here. With this in mind, we have created this investment pack to make investing in Cornwall easier…
The Leading Holiday Destination
Cornwall is the UK’s leading holiday destination. It’s constantly popular, tourism-award-winning and, annually, hosts rising numbers of visitors. They keep coming back for its amazing beauty, big skies, coasts both wild and placid, unique microclimate, surf culture, varied events and brilliant food. Fine-dining options multiply as talented chefs – celebrity and otherwise – turn the county’s rich store of seasonal produce into amazing meals.
Many UK adults have fond childhood memories of long summer days on Cornish beaches. According to recent research commissioned by Holidaycottages.co.uk, nearly half of Brits who are planning a summer staycation intend heading to Cornwall. And that’s not taking into account the also-booming foreign market. Cornwall Airport Newquay is the UK’s fastest-growing, and keeps connecting Cornwall with new and untapped parts of Europe.
The Luxury Holiday Home Investment Market
Cornwall is one of the UK’s top five earning regions for property owners, so investing in a holiday let here is a super-smart financial move. In recent years (even pre-pandemic), Cornwall businesses have seen an uplift in yield and an extension of the season. A stronger awareness of climate change (amongst other factors) means the staycation trend is unlikely to tail off any time soon. Cornish Cottage Holiday’s 2022 bookings, for example, are currently up 35% compared to pre-pandemic levels.
We would always advise you to take out independent financial advice, but can say with confidence that holiday properties can earn you significantly more than longer term lets, with potential to charge the same for a week’s holiday let in-season as you can for a month’s long-term let. Gross yields from holiday rentals in England and Wales are, on average, at least 20% higher than for annual
rentals for a standard buy-to-let investment.
Discerning investors who use the property as a luxuriously furnished holiday let can also offer significant tax advantages (subject to status & terms) with the potential to save money in income tax through the Capital Allowance scheme.
A Land of Opportunity
Couldn’t your investment portfolio benefit from the pull of the most chilled of getaways and activities, spa treatments, wining and dining, and all aspects of the beguiling laid-back Cornish lifestyle, 365 days a year? We think so …
There’s never been a better time to invest in a Cornish bolthole or luxury investment property as holidaymakers are now seeking luxury self-catering properties more than ever.
The Stephens + Stephens Way
AN EXCLUSIVE PORTFOLIO
Work with us and you’re working with owners and properties delivering a distinctive brand: an easy walk to a good beach, harbour, local amenities, and high-quality accommodation with cool, contemporary interiors.
LOCAL EXPERTISE
Cornwall’s where we’re from and it’s what we love; we know how it feels to be close to a great beach. It’s more than something we feel, though, it’s something we understand as a business, an understanding which goes beyond a feel for a place and includes a grounded, practical understanding of all the properties. It’s this combination – which we believe to be unique – which means we know exactly how to attract the right guests, year-round, to find that feeling for themselves.
WE HAVE IT ALL COVERED
The difference with us is the responsibility we take for everything. We’re with you for the whole investment journey – architecture + build + brand + interiors + customer care – because we’re a perfect blend of skills, vision and experience. Which means no external agencies, sub-contractors, circumstances beyond our control or resigned shrugs. It’s on us, an integrated, holistic service which ensures every aspect of your journey is just right. This applies across every development and every property.
BEAUTIFUL PROPERTIES, BRILLIANT MARKETING
Holiday lets are so much more than bricks and mortar. Our innovative marketing conjures experience, lifestyle and brand. We understand our customers, and talk to them about what they want, whether it’s working-from-anywhere, a slower place or adrenaline filled activities.
OWNERS’ AVAILABILITY
To maximise flexibility, owners can negotiate their own usage at any time. The gross rent payable for the applicable period shall be deemed to have been paid to the buyer.
MANY HAPPY RETURNS
When it comes to optimising the yield on your property, our interests align. Our market’s characterised by enviable properties close to beautiful beaches and high quality restaurants and facilities. If letting a holiday property feels like a maze, we’ll be the trail of crumbs that helps you find your way. We understand the market and know the revenues achievable, and it’s in our interests as much as yours to maximise your return, so we’ll keep a close eye on your bookings all year round.
HOW MUCH WILL YOUR PROPERTY EARN?
Gross income in the first five calendar years is guaranteed at 10% gross yield, based on a mixture of short breaks and full weeks.
Take the Plunge…
Wherever we are developing, we always take a Stephens + Stephens individual design approach to every special place. We inherently understand the locale, and craft buildings, interiors and landscapes which provide a maximised life + style benefit for our future owners.
We currently have a range of one-, two-, three- and four- bedroom properties available across our tailored portfolio, including extensive townhouses, spacious ultra-luxe apartments, detached family homes and cliff top penthouses.
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