Discover the Broads' Best kept secret

Financial Benefits

Buy to Let – receive a guaranteed return of up to 7% on your investment

To maximise your investment at Waveney River Centre, you can let your holiday lodge through our booking office to produce a net income of up to £14,500 pa – and if you make your lodge available to let throughout the year then we’re prepared to guarantee you a return of up to 7% on your investment for 3 years. Yes, that’s a net return – after all expenses including ground rent, commission and cleaning. *

We do all the work for you – all you need to do is tell us which weeks you wish to release for hire, and we take care of the rest. We look after your hirers, collect the holiday charge for you and pay straight into your bank account on a monthly basis.

The costs to let your lodge work out as follows:-

  • 24% commission inc VAT on each holiday sold – this covers marketing, advertising, website, admin, check in and customer care
  • £55 cleaning charge – which includes linen, bathrobes, towels and maintenance checks
  • £60 hot tub checks – this covers emptying, cleaning and re-filling the hot tub and checking the chemical levels each day
  • £10 welcome pack – which includes a pack of local food and complimentary toiletries

In August, you could expect to see £825 per week sold after all the above costs are deducted. In September, the net hire to you would be around £440.

Exchange your holiday weeks and explore the world

We’ve hooked up with worldwide holiday property owner’s club Dial An Exchange to give our lodge owners free membership of the DAE holiday exchange programme. It’s simplicity itself – you simply exchange weeks in your lodge for holidays in villas, condos and lodges around the world. Full details or their portfolio of holiday lodges, villas and condos can be found on their website:

www.dialanexchange.com

You simply need to deposit a week in your lodge with DAE and they give you a credit. Each credit allows you to purchase a week in any other property, at any time of year, for just £99 (£87 in Europe & the UK). This is a free benefit of lodge ownership at Waveney River Centre and there is no commitment to deposit any weeks if you don’t wish to.

What are the annual costs?

Your lodge benefits from a 40 year (extendable) licence at Waveney River Centre and there is an annual ground rent – currently 4,150 inc VAT – which covers the standing charges for water, electricity, gas, drainage and TV connection. It also includes maintenance of all shared areas, street lighting, window cleaning and waste collection. There are no ‘hidden’ extras.

Gas & electricity consumption will vary according to how much you use your lodge. Typical total annual consumption varies from £150, up to £1,400 if your lodge has a hot tub and is made available for hire all year.

The gas and electrical installations in your lodge have to be checked annually, this typically costs £300 inc VAT and includes servicing of the boiler.

To find out more

Please speak to one of our friendly, helpful staff who will be able to answer any questions you may have in person, by calling 01502 677 343 or email [email protected]

* The rental guarantee for lodges in premium locations may be less than 7%.