Is it profitable to do Airbnb in Oadby and Wigston, United Kingdom?
What is the occupancy rate of Airbnb in Oadby and Wigston, United Kingdom?
What is the average daily rate of Airbnb in Oadby and Wigston, United Kingdom?
The United Kingdom / Oadby and Wigston
Oadby and Wigston, Airbnb Market Statistics & Data, United Kingdom
A typical short-term rental listing in Oadby and Wigston is booked for 208 nights a year, with a median occupancy rate of 57% and an average daily rate of £39. In 2023, a typical host income (annual revenue) was £6K. As of 12th September, 2024, there are 31 active Airbnb listings.
Average Revenue: £6K/yr
Occupancy Rate
57%
Avg Daily Rate
£39
Budget
No. of Listings
50
Small
YoY Revenue Change
23.2%
Best Month
September
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£437
Average
£537
High
£778
Is Airbnb Profitable in Oadby and Wigston?
Yes, there is good short-term rental demand. A 57% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! 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 rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Oadby and Wigston
Short-term rental regulation is lenient in Oadby and Wigston. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Oadby and Wigston
A typical listing recorded a 57% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 16.59% of the guests are international guests, and visitors from United kingdom is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 57%
31 Active Listings
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Explore Oadby and Wigston's Airbnb Data ⟶
Best Areas in Oadby and Wigston for Airbnb
Are you wondering where to invest in Oadby and Wigston? Look no further!
- Leicester Cathedral
- New Walk Museum and Art Gallery
- Belvoir Castle
- National Space Centre
- Leicester Market
- Bosworth Battlefield Heritage Centre
- King Richard III Visitor Centre
- Tropical Birdland
- Curve Theatre
- Bradgate Park
Top demand Airbnb in Oadby and Wigston
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 31 listings.
See 31 listing Statistics
Other short-term rental market data in Oadby and Wigston
Here is a breakdown of short-let properties in Oadby and Wigston. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type