Kings Lynn and West Norfolk
Airbnb Market Data & Overview
UK

Is it profitable to do Airbnb in Kings Lynn and West Norfolk, UK?

What is the occupancy rate of Airbnb in Kings Lynn and West Norfolk, UK?

What is the average daily rate of Airbnb in Kings Lynn and West Norfolk, UK?

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Kings Lynn and West Norfolk, UK Airbnb Data

Last updated on: 15th May, 2024

UK / Kings Lynn and West Norfolk
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 Kings Lynn and West Norfolk is good for Airbnb.
Occupancy Rate

61%

$162

Daily Rate

$34K+

Revenue (2023)

8.4%

Net Yield

1,465

Number of Listings
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Is Airbnb Profitable in Kings Lynn and West Norfolk ?

Maybe, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 8.4%.
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 Kings Lynn and West Norfolk is booked for 223 nights a year, with a median occupancy rate of 61% and an average daily rate of $115. In Kings Lynn and West Norfolk, A typical host income (annual revenue) was $26,871 in 2023.

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! 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. Sandringham House
  2. Hunstanton Beach
  3. Castle Rising
  4. Norfolk Lavender
  5. Houghton Hall
  6. The Walks
  7. Oxburgh Hall
  8. True\\\'s Yard Fisherfolk Museum
  9. Bircham Windmill
  10. Lynn Museum
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 Kings Lynn and West Norfolk's Airbnb Data
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