North East Lincolnshire
Airbnb Market Data & Overview
UK

Is it profitable to do Airbnb in North East Lincolnshire, UK?

What is the occupancy rate of Airbnb in North East Lincolnshire, UK?

What is the average daily rate of Airbnb in North East Lincolnshire, UK?

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North East Lincolnshire, UK Airbnb Data

Last updated on: 15th May, 2024

UK / North East Lincolnshire
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 North East Lincolnshire is good for Airbnb.
Occupancy Rate

59%

$108

Daily Rate

$23K+

Revenue (2023)

12.8%

Net Yield

368

Number of Listings
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Is Airbnb Profitable in North East Lincolnshire ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 12.8%.
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 North East Lincolnshire is booked for 215 nights a year, with a median occupancy rate of 59% and an average daily rate of $100. In North East Lincolnshire, A typical host income (annual revenue) was $22,110 in 2023.

Best Areas in North East Lincolnshire for Airbnb

Are you wondering where to invest in North East Lincolnshire? 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. Cleethorpes Beach
  2. Spurn National Nature Reserve
  3. Grimsby Fishing Heritage Centre
  4. Waltham Windmill
  5. DiveLology
  6. Freshney Place Shopping Centre
  7. Cleethorpes Coast Light Railway
  8. National Fishing Heritage Centre
  9. The Jungle Zoo
  10. Lincolnshire Wolds
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 North East Lincolnshire's Airbnb Data
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