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Flexi-Lets provide serviced apartments and houses to business travellers, contractors or leisure guests, offering a “home away from home” for just a few nights, a week, a month or even a year. Following numerous requests, they are seeking funds to access apartments in Slough, Maidenhead, Bracknell and Reading, aiming to double their turnover.

A home away from home.

Our extensive portfolio offers comfortable serviced apartments, ranging from 1-bedroom flats to 4-bedroom townhouses, for flexible short and long term lets. We currently have apartments in Farnborough, Camberley, Basingstoke, Guildford, Woking & Frimley, located near key business areas and transport links. Our apartments are very popular, as they offer guests, such as business travellers, contractors and holidaymakers, the same flexibility and service as a hotel, but double the space and comfort.

We pride ourselves on offering a 'Home away from home' experience, giving guests the flexibility to cook for themselves, save money on personal costs or company expenses, along with regular cleaning services, keeping the apartments clean and refreshed throughout their stay. As an accredited member of the Association of Serviced Apartment Providers (ASAP), we maintain very high standards of service, facilities, customer care, comfort as well as health & safety. Our commitment to quality has earnt us a consistent client base.

In the last 6 months, we have received a great number of enquires from people looking to rent accommodation in areas we do not currently have available. The funds raised will allow us to gain access to apartments in Slough, Maidenhead, Bracknell and Reading, with the aim of doubling our current turnover and profit.


Business keeps the raised amount even if target is not met.
Loan - product type
£ 106k
£ 106k
Estimated close date
Funded 7 months ago in 14 days

Where will the funds go?

Acquiring new apartments

Key people

Shaun Newbold

Got a question for the business?

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A. This funding is for additional office costs to achieve our increased estate

A. We have had a year of re-alignment, reducing our estate from 160 apartments to 103. Our plan is to take on 50 more profitable units over the following 6 months

A. Hi, its a variation of a standard AST but for a Company

A. Hi Michael, all answered. Let me know if you have any particular questions you would like to ask?

A. We had bad run on tripadvisor from one particular competitor. This has now been addressed

A. Turnover is looking around £3.7m and adjusted EBITDA around £320k

A. We deliberately reduced the estate to reduce costs. We now have over 100 apartments in the company

A. We deliberately reduced the estate to reduce costs. We now have over 100 apartments in the company

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Business brand

Farnborough, UK

"A home away from home."

13 years, 11 months
Equifax score
71 / 100
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Good score
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