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Investing in Property for Sale: How to Buy A Profitable Property for Airbnb in Cardiff Bay

Famous for its rugby and over 600 fairytale castles, Cardiff Bay is certainly one of the tourists’ favourite UK cities. Famous for its concerts and for its national parks. There is undoubtedly a huge demand for high-quality HMO’s and blocks of flats in Cardiff, both for investors to purchase or tenants to let and as the number of student and professional residents increases.

If you are interested to invest in a property in Cardiff Bay where you can maximize profitability, then it’s certainly a must to consider the major things to look out for when buying a property for Airbnb. While rental arbitrage in the UK is fairly popular and does not require you to purchase a property, it’s still the best to learn about buying a property for Airbnb and making sure that it’s profitable. Primarily, it’s also important to check Airbnb rules in Cardiff to operate the business without any hesitations.

Cardiff Bay is the coastal corner of Wales’ capital and only a short bus or train ride from the city centre – highly recommended for doing Airbnb rental arbitrage in Cardiff

In this article, we’ll discuss the metrics in order to gauge the best property investment, specifically when buying a property investment in the UK. This includes the best website recommendations for property investment, defining property gross rental yield, cash-on-cash return, and monthly revenue, along with some of the most ideal and profitable properties according to their location. 

Stoked to learn more about starting an Airbnb business in the UK, particularly in Cardiff Bay? Continue reading to learn more!

Is Property Investment Profitable in Cardiff Bay?

Since the UK has the fastest-growing property markets across the globe, there is a wide variety of profitable property investments offering higher yields. Using an Airbnb calculator, it was discovered that a 2-bedroom apartment in Cardiff Bay can generate an annual revenue of £34,553 with a steady occupancy rate of 56% and a nightly rate of £168.

airbnb property for sale Cardiff Bay

Profitable Properties for Sale in Cardiff Bay

Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage. 

At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Here are some of the houses and apartments for sale in Cardiff Bay along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property for sale Cardiff Bay
airbnb property for sale Cardiff Bay

Bute Terrace, Cardiff CF10

1.Studio-type Property for Sale Cardiff
0.4 miles to Cardiff Queen Street

Asking Price: £125,000

GROSS RENTAL YIELD 24.25%
ANNUAL REVENUE £30,311
CASH ON CASH RETURN 46.98%
airbnb property for sale Cardiff Bay
airbnb property for sale Cardiff Bay

Constellation Street, Roath, Cardiff, CF24

2. 1-Bedroom Property for Sale Cardiff
0.5 miles to Pike High School

Asking Price: £90,000

GROSS RENTAL YIELD 25.17%
ANNUAL REVENUE £22,657
CASH ON CASH RETURN 49.76%
airbnb property for sale Cardiff Bay
airbnb property for sale Cardiff Bay

Wordsworth Avenue, Cardiff, CF24

3. 2-Bedroom Property for Sale Cardiff
0.4 miles to Cardiff Queen Street

Asking Price: £95,000

GROSS RENTAL YIELD 25.69%
ANNUAL REVENUE £24,406
CASH ON CASH RETURN 51.30%
3-Bedroom Property for Sale Cardiff Bay
3-Bedroom Property for Sale Cardiff Bay

5040 Allisonville Rd UNIT D, Indianapolis, IN 46205

4. 3-Bedroom Property for Sale Cardiff
0.8 miles to Cardiff Central

Asking Price: £139,000

GROSS RENTAL YIELD 25.96%
ANNUAL REVENUE £36,085
CASH ON CASH RETURN 52.11%
4-Bedroom Property for Sale Cardiff Bay
4-Bedroom Property for Sale Cardiff Bay

Stafford Road, Cardiff(City), CF11

5. 4-Bedroom Property for Sale Cardiff
0.5 miles to Cardiff Central

Asking Price: £190,000

GROSS RENTAL YIELD 25.84%
ANNUAL REVENUE £49,088
CASH ON CASH RETURN 51.74%

Conclusion

Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article for Cardiff such as Airbnb occupancy rates, annual revenue, and average daily rate should be the primary basis before investing in a property. 

Hence, if the data presented above has given you ideas to boost your strategic pricing plan for your business, then an Airbnb rental arbitrage calculator is certainly what you need for success in the long run. It’s a fact that some of the STR investors are also considering Airbnb Rental Arbitrage, but they still need to have a reliable data tool on which to base their conclusions! 

As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.

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