Oadby and Wigston
Airbnb Market Data & Overview
UK

Is it profitable to do Airbnb in Oadby and Wigston, UK?

What is the occupancy rate of Airbnb in Oadby and Wigston, UK?

What is the average daily rate of Airbnb in Oadby and Wigston, UK?

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Oadby and Wigston, UK Airbnb Data

Last updated on: 15th May, 2024

UK / Oadby and Wigston
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 Oadby and Wigston is good for Airbnb.
Occupancy Rate

64%

$52

Daily Rate

$7K+

Revenue (2023)

7.9%

Net Yield

33

Number of Listings
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Is Airbnb Profitable in Oadby and Wigston ?

Maybe, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 7.9%.
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 Oadby and Wigston is booked for 285 nights a year, with a median occupancy rate of 78% and an average daily rate of $86. In Oadby and Wigston, A typical host income (annual revenue) was $25,679 in 2023.

Best Areas in Oadby and Wigston for Airbnb

Are you wondering where to invest in Oadby and Wigston? 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. Leicester Cathedral
  2. New Walk Museum and Art Gallery
  3. Belvoir Castle
  4. National Space Centre
  5. Leicester Market
  6. Bosworth Battlefield Heritage Centre
  7. King Richard III Visitor Centre
  8. Tropical Birdland
  9. Curve Theatre
  10. Bradgate Park
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 Oadby and Wigston's Airbnb Data
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