Best Places in the UK to start an Airbnb Business Uncovered
London shows the most promise for being one of the most profitable Airbnb cities in the UK for an Airbnb landlord.
Data crunched by AirDNA show that London has the highest annual income, with Brighton close behind. Homeowners, in this regard, at full occupancy, can earn 229% more from short-letting their property on sites like Airbnb than they would through renting to tenants.
Even if you were to rent a room one night a week on Airbnb for a year, you would generate, on average, £10,250, which is equal to six months of rent.
Peak periods, where tourism is high in months like July, could even see Airbnb landlords yield £3,181.53 a month on average.
An overview – the most profitable cities per night in the UK on Airbnb
The best UK cities for Airbnb investment:
London | Edinburgh | Cardiff | Cambridge | Liverpool | Brighton | Bath
To boost your property’s rankings and earnings through Airbnb, talk to us, Airbnb managers with almost a decade of experience creating successful, high-earning properties. We earn only when you do. Contact.
Can you earn more through sites like Airbnb compared to rental leases and tenancies?
Compare average annual tenancy fees in several popular cities to average Airbnb earnings per area:
What about paying off a house with Airbnb? Which cities are the fastest?
AirDNA, with ONS, also conducted a study to identify which UK city offers the best combination of low property prices and high rental returns via Airbnb.
The study examined 27 major British cities and found that Bradford had the highest median house price, at £135,000. With a monthly Airbnb revenue of £1,229, it would take 9 years to pay off.
Swansea came in second, taking just 10 years to pay off the city’s median property price of £143,500. A high occupancy rate of over 62%, combined with monthly yields of £1,100, makes this Welsh city one of the best cost-effective options for hosts.
Areas like Brighton, for example, rank top for monthly revenue. However, Brighton has the third-highest media price list (£367,500), meaning it would take 18 years to pay off the home, ranking it 14th on the list.
The worst places to be an Airbnb host
Places like Leicester have a small occupancy rate (33%) with only 400+ active rentals. Plus, if you were to invest in property, it would take hosts 30 years to pay it off. So, not good for beginner hosts looking to get on the property ladder and earn a substantial second income, too.
Remember that the study only looked at 27 cities in the UK, whereas the other forty or so may also offer very competitive returns.
For help increasing how much you earn on Airbnb monthly, consult with Hello Guest, one of the best Airbnb property managers and agents on the market.
Talk to us today to see how much you can earn.
AI Summary: Best Cities to Be an Airbnb Landlord
Location impacts profitability. This guide highlights cities with high demand and strong returns. HelloGuest helps owners succeed in top-performing markets. Summary on ChatGPT.
