North Lanarkshire
Airbnb Market Data & Overview
UK

Is it profitable to do Airbnb in North Lanarkshire, UK?

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

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

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North Lanarkshire, UK Airbnb Data

Last updated on: 15th May, 2024

UK / North Lanarkshire
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 Lanarkshire is good for Airbnb.
Occupancy Rate

61%

$122

Daily Rate

$26K+

Revenue (2023)

16.7%

Net Yield

299

Number of Listings
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Is Airbnb Profitable in North Lanarkshire ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 16.7%.
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 Lanarkshire is booked for 237 nights a year, with a median occupancy rate of 65% and an average daily rate of $108. In North Lanarkshire, A typical host income (annual revenue) was $26,129 in 2023.

Best Areas in North Lanarkshire for Airbnb

Are you wondering where to invest in North Lanarkshire? 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. The Time Capsule Waterpark
  2. Summerlee - Museum of Scottish Industrial Life
  3. Drumpellier Country Park
  4. Strathclyde Country Park
  5. Fir Park Stadium
  6. Chatelherault Country Park
  7. Discover Amazonia
  8. Alona Hotel
  9. Colville Park Golf & Country Club
  10. Motherwell Heritage Centre
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 Lanarkshire's Airbnb Data
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