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Annual Airbnb Revenue in North norfolk, UK

Last updated on May 15th, 2024

North Norfolk| Airbnb Market Data & Overview | UK

North Norfolk
Airbnb Market Data & Overview
UK

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

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

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

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North Norfolk, UK Airbnb Data

Last updated on: 15th May, 2024

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

63%

$165

Daily Rate

$37K+

Revenue (2023)

7.8%

Net Yield

2,314

Number of Listings

Is Airbnb Profitable in North Norfolk ?

Maybe, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 7.8%.
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 Norfolk is booked for 234 nights a year, with a median occupancy rate of 64% and an average daily rate of $122. Guests from London make up the majority of the Airbnb bookings here. In North Norfolk, A typical host income (annual revenue) was $29,468 in 2023.

Best Areas in North Norfolk for Airbnb

Are you wondering where to invest in North 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. Cromer
  2. Sherringham
  3. Hunstanton
  4. Holt
  5. Blakeney
  6. Wells-next-the-Sea
  7. Burnham Market
  8. Sheringham Park
  9. Felbrigg Hall
  10. Blickling Estate
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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