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Alternative routes to a spacious investment

By: Series: Estates Gazette ; (0431) 31 July 2004, 78-80(3)Publication details: 2004Subject(s): Summary: Reports on innovative experiments by canny developers to overcome the current property glut in the buy-to-let residential rental sector. Looks at hotel room schemes such: as the former Westbourne Hotel, Notting Hill; serviced apartments such as those created in the old GLC County Hall; upmarket timeshare marketed by hotel chains such as De Vere, Marriott and Hilton; and developments such as Peter de Savory's Bovey Castle in Devon where the right to occupy the lodge properties is purchased by taking out membership to a private club. The above alternatives have at best uncertain capital returns and exist in untried rental markets. Student buy-to-let accommodation such as the Junxion scheme in Lincoln is a more sustainable sector, buoyed up by very high demand.

Reports on innovative experiments by canny developers to overcome the current property glut in the buy-to-let residential rental sector. Looks at hotel room schemes such: as the former Westbourne Hotel, Notting Hill; serviced apartments such as those created in the old GLC County Hall; upmarket timeshare marketed by hotel chains such as De Vere, Marriott and Hilton; and developments such as Peter de Savory's Bovey Castle in Devon where the right to occupy the lodge properties is purchased by taking out membership to a private club. The above alternatives have at best uncertain capital returns and exist in untried rental markets. Student buy-to-let accommodation such as the Junxion scheme in Lincoln is a more sustainable sector, buoyed up by very high demand.