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Best Areas to Invest in Airbnb in Birmingham, UK

Last updated on January 31st, 2024

Best Areas to Invest in Airbnb in Birmingham, UK: Set sails and discover the best areas to invest in short-term lets in Birmingham to guarantee your investment success!

Best Areas to Invest in Airbnb in Birmingham, UK

best areas to invest in birmingham

Best Areas to Invest in Airbnb in Birmingham, UK

Set sails and discover the best areas to invest in short-term lets in Birmingham to guarantee your investment success!

Key Takeaways

  • The rental market in Birmingham offers plenty of investment opportunities to investors who want to cater to holiday lets and student accommodations. Thanks to this, many Airbnb hosts were able to obtain a good cash-on-cash return.
  • Using the dynamic data provided by Airbtics, we could gather the best buy to let areas in Birmingham. We will also feature the best property types you can get, their estimated annual revenue, gross rental yields and more.

Introduction

The second biggest city in the UK, Birmingham, is located in West Midlands, England, and is beautifully surrounded by the Lickey, Clent and Walton hills in the southwest area. This vibrant city is known for its history as it played an important role during the industrial revolution and also for being an iconic commercial center.

With plenty of places of interest and a fascinating cultural and architectural heritage, Birmingham is an exciting destination to visit and has nothing to envy other cities. On top of that, Birmingham offers attractive property investment opportunities that can easily draw real estate investors’ attention.

But before taking a significant step in this journey, investors should do an exhaustive investigation and set clear goals in order to make informed decisions that will guarantee their investment success. This is an essential consideration that must not be missed, especially if you’re aiming to start an Airbnb business in the UK, particularly in Birmingham. 

So you may be wondering “where should I invest in Birmingham?” – Let us lend you a hand! 

In this article, we will reveal the best areas to invest in Birmingham along with some of the main reasons why you should consider investing in a rental property in this city. Have we gotten your attention? Then you should keep reading!

Why should you consider investing in rental properties in Birmingham?

Birmingham is an attractive city filled with unique experiences as well as investment opportunities that can entice property investors easily. However, it’s always good to consider the advantages the real estate market can offer to real estate investors to get a better overview of the city’s conditions.

Make sure to check out some of the reasons why investing in a property in Birmingham is a good idea to earn a good passive income:

  • Diversified economy with plenty of job opportunities

Birmingham enjoys one of the biggest and most diversified economies in England with a wide range of industrial sectors. Some of its key industries are financial services, manufacturing, technology, health care, tourism and education. 

The city is home to many national and foreign companies and organizations and there’s a variety of developed industries and an emergent entrepreneurial ecosystem. Thanks to this, Birmingham also offers a plethora of employment opportunities.    

  • Enjoy Birmingham’s living conditions 

We can deny that Birmingham is quite a lovely city and the best part of living or visiting the city is that you can easily enjoy a high standard of living. The city spares no effort in offering great amenities such as green areas, shopping centers, sports and cultural facilities, and a wide variety of excellent restaurants and bars. Of course, we can’t forget to mention that the city also enjoys a strategic location in the UK, which is why is regarded as a major transportation hub.

In addition, many renowned universities and educational centers are settled in Birmingham. This means that there’s an important student demographic in the city and that, investors looking to cater to short-term lets, may find interesting. 

  • Low cost of living

While Birmingham is one of the biggest cities in the UK, second only to London, the cost of living is fairly affordable compared to the capital city. The best part is that you still get to enjoy high-quality amenities on a low budget. 

The housing and rental markets offer a variety of options at different prices that can easily fit your needs. However, it’s important to consider that the property value can highly differ depending on the location. The average property price in Birmingham is £274K as confirmed by Rightmove

  • Enjoy the unique charm of this city

Welcome to Birmingham, a city that can easily make you fall in love! And no, we are not lying because this city offers a vibrant yet cozy atmosphere that will make you feel at home. Plus, there’s always something up in here, so getting bored is not even an option. There’s a wide range of cultural, historical, and entertainment attractions scattered throughout the city. 

Birmingham is also a paradise for music lovers considering that iconic bands like Black Sabbath and Led Zeppelin were born. Moreover, the city hosts plenty of festivals and music events all year round! 

Aside from its plenty of leisure options, we should also take into account that Birmingham is an important tourist destination. In fact, just in 2022, the West Midlands, especially Birmingham, welcomed around 141.2M visitors

Is Airbnb profitable in Birmingham?

Thinking of investing in properties in Birmingham to list them on short-term rental platforms? Airbtics supports you on this business idea because this city can help investors like you obtain a steady source of passive income.

Are you still having doubts about Birmingham? Let us appease your concerns a little. According to Airbtics’ calculator data, Airbnb hosts can earn an average revenue of £28,174 with a median occupancy rate of 56% for operating a 2-bedroom apartment in Birmingham.

Aside from the amount of profit that a listing can create, it’s also important to know about Airbnb regulations in Birmingham if you’re aiming to become a host in this city. By doing so, you can follow the rules and manage your listings smoothly. 

best areas to invest in birmingham

Source: Airbtics Dashboard

Best Buy to Let Areas in Birmingham

As the second biggest city in the UK, it’s understandable to have a hard time choosing the best place to buy to let in Birmingham because each area’s profitability will certainly vary.  But with the help of Airbtics, we are here to make this research to be less overwhelming!

Go ahead and check out the top areas to buy to let property in Birmingham, UK:

airbtics-logo-300x87
Best Area Number of Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Edgbaston 80 3 bedrooms £325,000 (3 BD) £33,942 10.44%
City Centre 93 2 bedrooms £261,000 (2 BD) £32,934 12.62%
Westside 49 2 bedrooms £295,000 (2 BD) £32,621 11.06%
Jewellery Quarter 84 2 bedrooms £255,000 (2 BD) £26,660 10.45%
Digbeth 74 2 bedrooms £200,000 (2 BD) £23,491 11.75%

Best Area

Airbnb Dataset

  • Total Number of Airbnb Listings: 80
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): £325,000
  • Airbnb Annual revenue: £33,942
  • Gross rental yield: 10.44%
  • Total Number of Airbnb Listings: 93
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £261,000
  • Airbnb Annual revenue: £32,934
  • Gross rental yield: 12.62%
  • Total Number of Airbnb Listings: 49
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £295,000
  • Airbnb Annual revenue: £32,621
  • Gross rental yield: 11.06%
  • Total Number of Airbnb Listings: 84
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £255,000
  • Airbnb Annual revenue: £26,660
  • Gross rental yield: 10.45%
  • Total Number of Airbnb Listings: 74
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £200,000
  • Airbnb Annual revenue: £23,491
  • Gross rental yield: 11.75%
Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Having trouble finding the best areas to buy to let properties?

It doesn’t matter whether you’re a beginner or a knowledgeable property investor because the big question of “how much can I make with Airbnb?” will always be there when you want to target a new specific market. 

But finding rental markets that can generate a good level of profit can be a time-consuming task and there’s nothing more valuable than one’s time. For this reason, taking advantage of the many available resources for property investors to speed things up in this journey is a great way to proceed.

So instead of wasting a lot of time researching a variety of sites to find profitable areas, we encourage you to make use of powerful analytics tools to find profitable markets to invest in Airbnb. But not so fast! We also recommend focusing on those that can provide dynamic data.

Imagine exploring a city while getting useful info that can make things easier for you, it sounds like a dream come true, right? It’s possible with Airbtics Dashboard since you can get a reliable dataset that will show you metrics like the average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who was led to a new Airbnb market that generated more profitability than his previous one!

best places to buy to let glasgow

Just by typing the name of the city you want to target, you will be able to get important insights. However, if you’re not finding your desired area, you can also create a custom market.

Moreover, you can use filters to find out what type of property offers the most attractive profit in your preferred area. The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly.

best places to buy to let glasgow

This process can now be repeated until you decide what type of property would be a good investment in your target city or neighborhood. Compare data between different property types and you find out the option that suits you the best! 

Dive into a rewarding investment experience with the help of Airbtics!

Considering the information presented above, we can conclude that Birmingham can help investors and hosts secure a nice income stream by buying a property in specific areas of the city and then listing them on platforms like Airbnb. 

But don’t rush into making a decision yet because there are still a other top places to invest in property in the UK that you can discover. This way, you won’t miss out on better opportunities.

While finding out the best areas to invest in Birmingham is certainly a good start, you should continue your research to make smart investment decisions. Devise better strategies by using the best tools and analyze the level of profitability of the markets with our Airbnb income estimator!

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Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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