Airbnb Market Data & Overview

Is it profitable to do Airbnb in Chorley, UK?

What is the occupancy rate of Airbnb in Chorley, UK?

What is the average daily rate of Airbnb in Chorley, UK?

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Chorley, UK Airbnb Data

Last updated on: 15th May, 2024

UK / Chorley
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 Chorley is good for Airbnb.
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Is Airbnb Profitable in Chorley ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 10.0%.
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 Chorley is booked for 245 nights a year, with a median occupancy rate of 67% and an average daily rate of $103. In Chorley, A typical host income (annual revenue) was $26,602 in 2023.

Best Areas in Chorley for Airbnb

Are you wondering where to invest in Chorley? 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. 🚀
  1. Astley Hall
  2. Yarrow Valley Country Park
  3. Botany Bay
  4. Rivington Pike
  5. Chorley Market
  6. Worden Park
  7. Heskin Hall Shopping Village
  8. British Commercial Vehicle Museum
  9. Hoghton Tower
  10. Beacon Fell Country Park
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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Explore Chorley's Airbnb Data
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