• The rental market in Belfast provides a ton of investment opportunities for those looking to invest in short-term lets and student housing. Simply by listing their property on Airbnb, many hosts were able to generate a nice passive income.
• With the aid of the advanced tool Airbtics, we were able to pinpoint Belfast’s top buy-to-let areas. Among other datasets, we also feature the best property types you can buy, along with their gross rental yields and potential annual revenue.

Introduction

Located on the banks of the River Lagan on the east coast lies majestically the vibrant capital of North Ireland. The city is widely known for owning one of the most beautiful sceneries of Ireland as well as for its well-preserved and fascinating historical buildings and its lively nightlife.

With its wide range of attractions and intriguing history and diverse culture, Belfast is undeniably an exciting place that everyone should visit at least once in their lifetime. Moreover, Belfast presents plenty of real estate investment opportunities to investors aiming to obtain a good return on their investment.

But before embarking on this journey, you should conduct in-depth research and establish clear goals to make well-informed decisions that will guarantee your investment success. This is an important factor that shouldn’t be overlooked, especially if you want to invest in a top Airbnb location in the UK like Belfast. 

In this article, we will discuss some of the important aspects that should influence your decision to invest in a rental property in Belfast as well as the best locations for buy to let investments.  Have we piqued your curiosity? Continue reading if so!

Top reasons to invest in the Belfast rental market

Belfast is a friendly city that offers plenty of opportunities that can easily entice real estate investors. Yet, it’s always a good idea to take into account the advantages that the real estate market can offer for property investors. This way, they can obtain a better understanding of the city’s rental situation.

Some of the benefits of purchasing a buy-to-let property in Belfast include:

• Strong rental demand

Given that Belfast has a growing population, a great student community and is a popular tourist destination, investors can expect a high demand for rental property. Moreover, we should highlight that Belfast is one of the most recommended cities to start an Airbnb business in the UK. This, along with the real estate market’s affordability, allows investors to obtain a consistent rental income as well as achieve attractive rental yields. 

• Stable economy with a solid job market

As one of the fastest-growing cities in the UK, Belfast enjoys a resilient and diverse economy with a plethora of job opportunities. On top of that, the city is home to several high-growth companies that attract professionals to the city.

The economy is sustained by diverse sectors, including manufacturing, financial and professional services, cyber technology and creative and digital industries. With its stable economy, Belfast presents attractive possibilities for businesses, investors and workers alike.

• Great living conditions 

Without a doubt, Belfast is an enticing city that anyone would like to call home thanks to its friendly community and amazing living conditions! The city owns a vibrant cultural scene, an appraised education system, modern healthcare facilities, a dynamic economy and low unemployment rates. In addition, Belfast has a well-connected transportation network which makes it easy to navigate the city and explore other parts of Northern Ireland. 

And if that’s not enough, the cost of living in Belfast is relatively low when compared to other large UK cities. Thanks to this, investors can potentially obtain higher returns on their investments while also stepping into the market at a lower cost.

• Plenty of things to do

If you’re someone who is interested in history, then you will love Belfast because this city is steeped in a rich historical and cultural heritage. The city blends its old charm of Victorian architecture with its modern urban development perfectly, creating a fascinating surrounding to be admired. Additionally, Belfast presents a thriving arts and entertainment scene, with a variety of theaters, art galleries, and cultural festivals.

Furthermore, Belfast is renowned for its stunning natural landscapes, including the nearby Mourne Mountains and a picturesque coastline. So nature lovers need not worry as they will have plenty of striking sites to engage in outdoor activities like hiking and biking since they’re all within a short distance from the city center.

Is Airbnb profitable in Belfast?

Wondering if owning an Airbnb property in Belfast is profitable? No need to worry! Airbtics confirms that this is a great idea because some areas within the city can generate a steady rental income.

Let’s dive deeper into Belfast’s Airbnb market – based on Airbtics’ STR profit calculator, hosts can generate an average revenue of £45,435 with a median occupancy rate of 97% for operating a 1-bedroom apartment in Belfast.

• York offers interesting investment opportunities with its strong rental market, high influx of tourists and great student population. This allows property investors to earn a nice passive income by operating Airbnb listings.
• Using the Airbtics analytics tool, we were able to identify York’s top locations for buy-to-let properties. You will also find out their suggested property types, annual revenue potential, gross rental yields, and additional Airbnb data.

Introduction

The historical city of York is located in North Yorkshire, England, nestled where the rivers Ouse and Foss meet. With a rich history that dates back to Roman and Viking times, York is known for its well-preserved historic buildings and immaculate medieval architecture. 

Along with its charming atmosphere and impressive architectural heritage, York also owns a strong real estate market that offers a wealth of opportunities to property investors. In fact, we must highlight that York is one of the top cities for Airbnb investments in the UK.

If you’re considering investing in rental properties in York, UK, then you should know the best areas to set up an Airbnb listing. Moreover, to ensure your investment success, you should also establish clear and specific goals at the outset.

In this article, we feature the best areas for buy to let properties in York as well as some of the main reasons why you should consider buying an investment property in this city. If you’re eager to learn more about this market, keep reading!

Top reasons to invest in York’s rental market

Although owning an investment property in York may seem like a great way to get a good cash-on-cash return on your investment, it’s important to conduct thorough market research beforehand. As such, knowing what benefits the rental market in your target city can provide to real estate investors like you is essential.

Check out some of the reasons why a real estate investment in York can be a profitable idea:

• York offers a strong rental market

Considering that York is a popular tourist destination and home to renowned universities that attract a great influx of students, investors can foresee that there’s a consistent demand for rental properties. This coupled with the affordability of the housing market, property investors can achieve good rental yields. 

Moreover, York is one of the best locations to start an Airbnb in the UK. As a result, real estate investment in the city can lead to a rewarding and successful experience for investors.

• Flourishing economy

York owns a prosperous economy where sectors like education, finance, tourism, manufacturing and healthcare make important contributions to the city’s situation. There’s a solid job market that attracts many professionals to the city and several major companies are settling here as well. This also helped the city to enjoy economic growth in recent years as well as a steady demographic increase, which makes the rental and housing demand strong.

• Enjoy the good living conditions

York is renowned for its two esteemed universities that open the doors to a variety of academic opportunities. Moreover, it also has a well-developed road network and transportation system, making the city easily accessible. There’s also no lack of high-quality amenities and facilities as well as plenty of green spaces and parks that allow locals and visitors the opportunity to enjoy the outdoors.

Furthermore, York also has a relatively affordable cost of living compared to other major cities like London or Oxford. Currently, the average house price in York is at £344k.

• Explore this historic city!

York is home to numerous historical and tourist attractions and visitors are more than welcome to indulge themselves in the many leisure activities offered by this cathedral city.  The city is famous for its lively culture and nightlife, with a variety of museums, theaters and concert venues as well as great festivals throughout the year.

This is a dreamy destination and you can easily discover more about the city’s history while taking a stroll on its cobbled streets where you can admire the medieval structures. Along with your tour around the city, you will be able to see well-preserved landmarks such as York Castle, York Minster and the Roman walls.

Is Airbnb profitable in York, UK?

Wondering if Airbnb is profitable in the UK, particularly in York? Then let us give you the great news – York is indeed a city that can provide investors with a nice level of profitability.

If we delve more into this rental market with the help of an Airbnb profit calculator, we can find that Airbnb hosts can earn an estimated revenue of £44,799 with a median occupancy rate of 86% for operating a 2-bedroom apartment in York.