Episode 9
Serviced Accommodation with Clare Fuller
Managing Director and founder of the Hamilton Grace group, Clare Fuller joins Alan on this episode of More Than Just Property. Hamilton Grace offers serviced accommodation in Swindon and Wiltshire and Clare is here to tell you how serviced accommodation works as well as what she’s learned in her 7 years of running the business and what led her to this point in her life journey.
KEY TAKEAWAYS
- Serviced accommodation is like a hotel room but people get to rent out your apartment for a night. It’s fully furnished and cleaned and serviced like a hotel would be.
- At the moment Clare has 12 apartments but at one point had 33. This was partly due to covid and partly because some of the apartments they had weren’t right for them. After things opened back up they redirected back towards where they wanted to be.
- When starting out, Clare would take photos of serviced apartments she liked and take them to letting agents pitching what she wanted to do. Once she had a few she actually had some people approach her to do the same with their apartments.
- The majority of Clare’s clients are contractors but has shifted now towards building contractors.
- The risk of investing in serviced apartments was much less than investing in houses for HMOs.
- Clare has always been the kind of person who does it herself and learns what she needs to do to do the job properly. It’s a spark that may have dimmed at points, but will never go away.
- By being loving towards yourself, it helps you be loving towards someone else.
BESt moments
‘With Xero it’s just so easy, I can do all that stuff while watching an action film’
‘They told you what to do not how to do it’
‘If you’re going to do a job, do it well’
‘I thought I’d rather live in a caravan for the rest of my life than live the life I’m living right now’
‘I ask how can I love myself today?’
EPISODE RESOURCES
MEET ALLAN HARDING
About the host
I’ve had an amazing career through to setting up my own businesses. It's time I gave that back to help other people achieve where they want to be in life. Through my learnings and those of the guests I have on the podcast I hope you find what you are looking for. I am certainly learning with every conversation that I have.From Art to finance, IT to Music, Some of my guests have led extraordinary lives and you can too. These recordings are unscripted and a natural conversation that explores peoples inner beings!
Interested to find out about Allan's mentoring opportunities?
Learn from Allan's unique journey of balancing a demanding corporate career while building a seven-figure property business.