Last updated on April 30th, 2024
Greenwich| Airbnb Market Data & Overview | UK
Greenwich
Airbnb Market Data & Overview
UK
Is it profitable to do Airbnb in Greenwich, UK?
What is the occupancy rate of Airbnb in Greenwich,
UK?
What is the average daily rate of Airbnb in Greenwich,
UK?
Greenwich, UK Airbnb Data
Last updated on: 15th April, 2024
UK / Greenwich
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
Greenwich is good for Airbnb.
Is Airbnb Profitable in
Greenwich ?
No, it’s not profitable to Airbnb
because the average net rental yield for a
one-bedroom property is
6.4%.
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 Greenwich is booked for
255 nights a year, with a median
occupancy rate of 70% and an average
daily rate of $143. Guests from London make up the
majority of the Airbnb bookings here. In Greenwich, A typical
host income (annual revenue) was
$36,968 in 2023.
Best Areas in
Greenwich for
Airbnb
Are you wondering where to invest in Greenwich? 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. 🚀
- Greenwich Park
- Cutty Sark
- Royal Observatory Greenwich
- National Maritime Museum
- The O2
- Thames Clipper
- Emirates Air Line
- Old Royal Naval College
- Greenwich Market
- Queen’s House
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?
Signup and check out more in-depth
vacation rental data for free.
See
Greenwich‘s Airbnb Data
⟶
