With holidays within the UK booming, those looking at options to improve the returns on their savings might consider a switch to owning a holiday let property.
Shirley Child and Graham Bell, owners of Westfield Barns in Yorkshire, successfully converted their derelict farm buildings into two beautiful holiday lets in order to supplement their pension and farming business. Here, Shirley shares the process, challenges and results of their project.
What Made You Decide to Set Up a Holiday Let?
“Graham was born and has farmed at Westfield all his life, a farmer through and through. I was brought up on a dairy farm, but the farm was sold when I was in my 20’s after the death of my Aunt. Graham and I met in 2014 and I moved to the farm in 2015, bringing my dogs horse and sheep with me. I retired from my specialist nurse role, having nursed a total of 42 years.
Graham had some lovely old regency red brick loose boxes that are no longer useful in modern farming. They were becoming derelict and in desperate need of repair. Graham was looking at using the buildings for diversification, and I was looking to maximise my capital from the sale of my house. The perfect solution seemed to be converting the barn into holiday cottages.”