Investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rentals typically is double the amount of traditional rentals. The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment’s annual return is 8.5% before taxes are considered. Without further ado, let’s see if Milton Keynes is good for Airbnb.
Maybe, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 7.9%.
The national median net short-term rental yield is 5.4% in the UK. For more context, a traditional rental can typically yield 2-4% if you don’t have to pay a mortgage interest. A typical 1 bedroom listing in Milton Keynes is booked for 226 nights a year, with a median occupancy rate of 62% and an average daily rate of $124. Guests from London make up the majority of the Airbnb bookings here. In Milton Keynes, A typical host income (annual revenue) was $28,650 in 2023.
Best Areas in Milton Keynes for Airbnb
Are you wondering where to invest in Milton Keynes? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
Bletchley Park
Gulliver’s Land
Milton Keynes Museum
Snozone
Willen Lake
Stadium MK
The Centre:MK
Woburn Safari Park
Milton Keynes Theatre
Xscape
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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