Is it profitable to do Airbnb in South Lanarkshire, The United Kingdom?
What is the occupancy rate of Airbnb in South Lanarkshire, The United Kingdom?
What is the average daily rate of Airbnb in South Lanarkshire, The United Kingdom?
The United Kingdom / South Lanarkshire
South Lanarkshire, Airbnb Market Statistics & Data, The United Kingdom
A typical short-term rental listing in South Lanarkshire is booked for 241 nights a year, with a median occupancy rate of 66% and an average daily rate of £95. In 2023, a typical host income (annual revenue) was £21K. As of 12th September, 2024, there are 303 active Airbnb listings.
Average Revenue: £21K/yr
Occupancy Rate
66%
Avg Daily Rate
£95
Mid Scale
No. of Listings
385
Small
YoY Revenue Change
1.93%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,137
Average
£1,739
High
£2,532
Is Airbnb Profitable in South Lanarkshire?
Yes, there is good short-term rental demand. A 66% 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 South Lanarkshire
Short-term rental regulation is lenient in South Lanarkshire. 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.
We made a guide on things you need to know before starting an Airbnb in The United Kingdom, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in South Lanarkshire
A typical listing recorded a 66% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 29.83% 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: 66%
303 Active Listings
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Explore South Lanarkshire's Airbnb Data ⟶
Best Areas in South Lanarkshire for Airbnb
Are you wondering where to invest in South Lanarkshire? Look no further!
- New Lanark World Heritage Site
- Bothwell Castle
- Chatelherault Country Park
- David Livingstone Centre
- Hamilton Park Racecourse
- Low Parks Museum
- Biggar Gasworks Museum
- Strathclyde Country Park
- Craignethan Castle
- Summerlee - Museum of Scottish Industrial Life
Top demand Airbnb in South Lanarkshire
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 303 listings.
See 303 listing Statistics
Professional Short-term rental property managers in South Lanarkshire
We've compiled a list of host profiles that manage the most Airbnb properties in South Lanarkshire. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in South Lanarkshire
Here is a breakdown of short-let properties in South Lanarkshire. 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