Holiday let venture for Bath’s largest social housing landlord Curo
Bath’s largest social housing landlord is branching out into catering for the city’s tourists with a new selection of holiday flats.
Curo has opened its first holiday let – a one-bedroom flat in Sydney Place – which comes fully furnished with a television and DVD player, wi-fi, iPod docking station, a fitted kitchen, private garden and its own parking space.
The one-bedroom ground-floor flat is available for a week’s rental for between £550 and £700, or for a three-night stay for between £360 and £450.
Chief executive of Curo, Victor da Cunha, said the conversion was about making the most of properties, which were no longer suitable for social housing.
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He said the flat’s layout and the cost of heating it all year round made it impractical for tenants on low incomes.
Mr da Cunha said: “Bath’s status as a top city break destination has enabled Curo to explore whether, by using a small number of our properties as holiday lets – properties otherwise earmarked for disposal – we can generate income to re-invest in building much-needed, modern and affordable homes for local people.
“If this project is successful it will mean we can avoid selling properties which would otherwise not be viable for Curo to retain.”
The flat has already had its first guests and has received a four-star Gold Standard by Quality in Tourism, the assessment service for Visit England.
Mr da Cunha said the charity planned to convert five of its properties into holiday lets over the next two years, and added that they could be used to help train people wanting to pursue a future in tourism.
He said: “Because we are a charity with a wider social purpose, this project is also about generating opportunities and training for local people.
“To that end we are already working with City of Bath College to see how we can broaden this project so it provides young local people with an opportunity to enter the tourism industry.”
Curo is responsible for 12,000 homes across the west.