Is it profitable to do Airbnb in Kings Lynn and West Norfolk, The United Kingdom?
What is the occupancy rate of Airbnb in Kings Lynn and West Norfolk, The United Kingdom?
What is the average daily rate of Airbnb in Kings Lynn and West Norfolk, The United Kingdom?
The United Kingdom / Kings Lynn and West Norfolk
Kings Lynn and West Norfolk, Airbnb Market Statistics & Data, The United Kingdom
A typical short-term rental listing in Kings Lynn and West Norfolk is booked for 234 nights a year, with a median occupancy rate of 64% and an average daily rate of £133. In 2023, a typical host income (annual revenue) was £30K. As of 12th September, 2024, there are 1,269 active Airbnb listings.
Average Revenue: £30K/yr
Occupancy Rate
64%
Avg Daily Rate
£133
Mid Scale
No. of Listings
1,731
Medium
YoY Revenue Change
10.75%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,835
Average
£2,487
High
£3,757
Is Airbnb Profitable in Kings Lynn and West Norfolk?
Yes, there is good short-term rental demand. A 64% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! 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 rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Kings Lynn and West Norfolk
Short-term rental regulation is lenient in Kings Lynn and West Norfolk. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
We made a guide on things you need to know before starting an Airbnb in The United Kingdom, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Kings Lynn and West Norfolk
A typical listing recorded a 64% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 5.45% of the guests are international guests, and visitors from United kingdom is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 64%
1,269 Active Listings
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Explore Kings Lynn and West Norfolk's Airbnb Data ⟶
Best Areas in Kings Lynn and West Norfolk for Airbnb
Are you wondering where to invest in Kings Lynn and West Norfolk? Look no further!
- Sandringham House
- Hunstanton Beach
- Castle Rising
- Norfolk Lavender
- Houghton Hall
- The Walks
- Oxburgh Hall
- True\\\'s Yard Fisherfolk Museum
- Bircham Windmill
- Lynn Museum
Top demand Airbnb in Kings Lynn and West Norfolk
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,269 listings.
See 1,269 listing Statistics
Professional Short-term rental property managers in Kings Lynn and West Norfolk
We've compiled a list of host profiles that manage the most Airbnb properties in Kings Lynn and West Norfolk. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Kings Lynn and West Norfolk
Here is a breakdown of short-let properties in Kings Lynn and West Norfolk. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type