Last updated on June 22nd, 2023
If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Dorset along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Dorset!
Is Airbnb legal in Dorset?
Don’t worry, Airbnb is legal in Dorset! This city offers the best of both worlds, from relaxing places to spend a quiet day to activities full of adventure & excitement. Dorset is full of picturesque towns & cities and the best thing is that they all have something unique to offer!
Here is a little proof! As of May 2022, there are 46,624 nights available in Dorset from Airbnb alone. Lyme Bay Holidays manages 174 listings, Cottages,Com and Wyke Dorset Cottages operates 152 and 73 respectively.
How much can I make by running an Airbnb in Dorset?
Currently, there are 2,426 Airbnb listings in Dorset, with 78% of entire houses earning up to £3,153 a month. The Average Occupancy Rate in Dorset is 51% and the average daily rate is £224. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Dorset can make up to £27,786 each year. Check out our Short-term rental Calculator to know how much can you make with Airbnb.
Short-term rental policy in Dorset
- Required to pay for a commercial waste service in Dorset Council, including collection and disposal charges. This applies regardless of whether your properties are liable for business rates or council tax.
- It is a legal requirement to have an EPC Energy Performance Certificates (EPC) for each property AND ensure that the properties reach at least an Energy Performance Certificate (EPC) rating of ‘E.
Property Investment in Dorset
Before investing in a property in Dorset, you have to consider the major determinators for success. This includes average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. Here are the recent property prices in Dorset:
Source: Dorset Property
| Area | Population | Average House Price | Average Rent Price (pcm) | Average Airbnb Revenue | Yield |
|---|---|---|---|---|---|
| Bournemouth | 183,500 | £309,741 | £1,358 | £2,439 | 4,6% |
| Poole | 470,000 | £313,983 | £1,461 | £3,156 | 3,9% |
| Christchurch | 50,500 | £421,937 | £1,535 | £2,681 | 4.7% yields are possible in YO10 although a student let should earn more |
Invest in Dorset
If you are looking to start an Airbnb business in the UK, particularly in Dorset, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate Airbnb calculator, it shouldn’t be a difficult task at all!
Rent to Buy in Dorset
Finding a rent to buy in Dorset with an impressive rental yield is an excellent way to have a passive income. Dorset also has an incredibly strong economy over the years! By looking at the following property investment websites such as Share to Buy & Rent Plus, you can get a grasp of the various prices in Dorset.
Conclusion
In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do!
