East Riding of Yorkshire
Airbnb Market Data & Overview

Is it profitable to do Airbnb in East Riding of Yorkshire, UK?

What is the occupancy rate of Airbnb in East Riding of Yorkshire, UK?

What is the average daily rate of Airbnb in East Riding of Yorkshire, UK?

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East Riding of Yorkshire, UK Airbnb Data

Last updated on: 15th May, 2024

UK / East Riding of Yorkshire
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 East Riding of Yorkshire is good for Airbnb.
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Is Airbnb Profitable in East Riding of Yorkshire ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 9.4%.
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 East Riding of Yorkshire is booked for 208 nights a year, with a median occupancy rate of 57% and an average daily rate of $114. In East Riding of Yorkshire, A typical host income (annual revenue) was $24,410 in 2023.

Best Areas in East Riding of Yorkshire for Airbnb

Are you wondering where to invest in East Riding of Yorkshire? 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. Bridlington
  2. Kingston upon Hull
  3. Beverley
  4. Flamborough Head
  5. Hornsea
  6. York
  7. Scarborough
  8. Whitby
  9. Filey
  10. Pocklington
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 East Riding of Yorkshire's Airbnb Data
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