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Annual Airbnb Revenue in Torbay, UK

Last updated on April 30th, 2024

Torbay| Airbnb Market Data & Overview | UK

Torbay
Airbnb Market Data & Overview
UK

Is it profitable to do Airbnb in Torbay, UK?

What is the occupancy rate of Airbnb in Torbay, UK?

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

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Torbay, UK Airbnb Data

Last updated on: 15th April, 2024

UK / Torbay
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 Torbay is good for Airbnb.
Occupancy Rate

57%

$133

Daily Rate

$29K+

Revenue (2023)

8.2%

Net Yield

1,475

Number of Listings

Is Airbnb Profitable in Torbay ?

Maybe, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 8.2%.
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 Torbay is booked for 215 nights a year, with a median occupancy rate of 59% and an average daily rate of $110. Guests from London make up the majority of the Airbnb bookings here. In Torbay, A typical host income (annual revenue) was $24,379 in 2023.

Best Areas in Torbay for Airbnb

Are you wondering where to invest in Torbay? 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. Babbacombe Model Village
  2. Kents Cavern
  3. Brixham Harbour
  4. Paignton Zoo
  5. Living Coasts
  6. Princess Theatre
  7. Torquay Marina
  8. Greenway House
  9. Riviera International Centre
  10. Berry Head
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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