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LRPM Reviews - Airbnb Property Manager Performance & Revenue

LRPM

Average Occupancy Rate
53%
Average Daily Rate
£162
Average Revenue
£23,839
Listings Under Management
18
YoY Change: 20.0%
Market Coverage
North Norfolk

LRPM Overview

Looking for a reliable Airbnb management company in North Norfolk to maximize your short-term rental revenue? LRPM specializes in managing vacation rentals and holiday homes, offering seamless STR property management services. With a competitive commission structure and expert handling of bookings, guest communication, and pricing optimization, LRPM helps property owners increase their occupancy rates and revenue.

How Do LRPM Listings Compare to the Average North Norfolk Airbnb Market Performance?

To make an informed decision whether LRPM is the best Airbnb property manager for your North Norfolk short-term rental, it’s important to compare its listings performance with the average metrics for the market. Airbtics data-driven analysis covers average daily rate (ADR), occupancy rate, annual revenue, and more to help you.

Whether you’re an established vacation rental investor or a beginner host, find out if LRPM is the best choice for your Airbnb business.

Average Daily Rate (ADR) Occupancy Rate Average Annual Revenue
LRPM £162 53% £23,839
North Norfolk £168 67% £47,415
Competitive Positioning -3% -21% -50%

Our data-driven analysis covers average daily rate (ADR), occupancy rate, revenue per listing, and guest reviews to help you make an informed decision. Whether you're a property owner or investor, find out if LRPM is the best choice for your short-term rental business.

LRPM Growth: 20.0% More Airbnb Listings Under Management YoY

Over the last 12 months, LRPM has increased the number of short-term rentals it manages by 20.0%. This expansion indicates growing demand and a strong market presence. 🏖️

LRPM Airbnb Management Fees

The average North Norfolk Airbnb property manager charges 10-15% of short-term rental income for half-service management and 20-30% for full-service management. Premium North Norfolk Airbnb management companies charge up to 40-45% of the booking total. The exact rate depends on your exact location, property type and size, and required vacation rental management services.

To get a custom quote from LRPM about their Airbnb management fees, get in touch with the team.

LRPM Reviews by Guests & Hosts

LRPM has an average rating on Airbnb of 4.6. This Airbnb rating shows that LRPM consistently delivers excellent property management services, ensuring strong guest satisfaction and trust.

LRPM’s Top Airbnb Reviews by Guests

★★★★
Really lovely little place close to the beach. Proper kitchen, plentiful utensils and comfortable bed. I slept so well. The only constructive feedback I have it to leave a couple of dishwasher tablets so we can use it, rather than washing up.
★★★★
A spacious and comfortable flat with everything you need for a short stay and in the perfect location for exploring Cromer and beyond. The late check-in time and early check-out is times are quite inconvenient so be aware of this when booking.
★★★★
Brook Cottage is a beautifully restored Norfolk Cottage One of the best we have visited. All credit to the owners. But we were very disappointed by the management company. as, for the price albeit high season, we expected a basic welcome pack eg bread, milk extra toilet rolls in the bedrooms The TV in the main bedroom didn't work due to no signal. This was not a problem for us but could be for some guests.
We suggest an earlier check in time in winter ie in daylight .
★★★★★
Our booked accommodation was not available but LRPM sorted out a lovely alternative with no fuss.
★★★★
A great location for visiting Cromer. A small cottage with all the required amenities for a few nights away. A comfy bed and great shower. Not ideal for cooking at the property due to the table being tucked in the corner and tricky to access, but plenty of places to eat out nearby. There is free parking on a road- only a 5 min walk away. Would recommend!


Is LRPM a Good Airbnb Property Manager Option in North Norfolk?

Considering LRPM property management services, fees, and performance vs market average, it could be a good option for some Airbnb hosts and owners looking for passive short-term rental property investments in North Norfolk.

To decide if LRPM is the best choice for you, take into account the costs and benefits. Evaluate whether the expected boost in rental revenue due to professional services and the elevated level of comfort for you exceed or not the monthly Airbnb management fees charged by LRPM.

It’s best to schedule a call with LRPM to discuss your particular situation, what the Airbnb manager can do for your property, and how much exactly you’d need to pay them.

Top 5 LRPM’s alternatives and competitors

If you’d like to explore the best LRPM competitors and alternatives in the local market, check out these top North Norfolk Airbnb management companies: