Ultimate Guide to Start Airbnb in The United Kingdom. Rules, Startup Cost, Profitability and Statistics.
Quick Airbnb Statistics and Facts
All statistics below is collected and processed from Airbtics, unless specified otherwise. The observation period is between 2023 October to 2024 September.
- There are 389,580 active listings in The United Kingdom.
- The city with the most number of Airbnb Listings in The United Kingdom is London with 55,484.
- The average occupancy rate of an Airbnb listing in The United Kingdom is 62%.
- A typical listing charges £102 per night excluding service charge and cleaning fees.
- The average income of Airbnb host is £22,694 per listing per year.
- Startup cost: It costs around £2,820 to start an Airbnb listing. The major costs are to furnish bedrooms and living room.
How to start an Airbnb in The United Kingdom?
Short-term rental rules & regulations in The United Kingdom
For regulations, refer to Responsible Airbnb Hosting in United Kingdom.
How much does it cost to start an Airbnb in The United Kingdom?
Bedroom 1
In order for you to furnish a room like below, it'll cost you around £2,820 per bedroom.
Mattress and bedframe | Bedroom | £400 |
Wardrobe | Bedroom | £320 |
Desk | Bedroom | £80 |
Desk chair | Bedroom | £40 |
Lighting | Bedroom | £80 |
Decorative | Bedroom | £80 |
Curtains | Bedroom | £40 |
Total | Bedroom | £1,040 |
Living room
For living room, it'll cost you around £3,968 and this'll include dining table set for 4 people.
Sofa | Living room | £400 |
Dining table and chairs | Living room | £240 |
Coffee table | Living room | £40 |
Coffee machine | Living room | £80 |
Microwave | Living room | £80 |
Laundry | Living room | £400 |
Total | Living room | £1,240 |
Other costs
For living room, it'll cost you around £2,820 and this'll include dining table set for 4 people.
Finally, you need to budget for various supplies like towels. You may also need smart lock for self-checkin. This'll add another £540.
Towels | Other | £80 |
Pillows | Other | £80 |
Blankets | Other | £80 |
Smart lock | Other | £120 |
Security camera | Other | £80 |
Labour cost | Other | £100 |
Total | Other | £540 |
Total startup cost for 1, 2 and 3 bedrooms
Number of Bedrooms | Total Furnishing Cost |
1 Bd Startup Cost | £2,820 |
2 Bd Startup Cost | £3,968 |
3 Bd Startup Cost | £5,008 |
Is it profitable to start an Airbnb in The United Kingdom?
The average host in the UK earns £22,694 per year. Here are the 3 cities with the most number of Airbnb listings. See the full list of 357 cities here.
London
- Market Score: 357
- Yield: 8.3%
- Revenue: £34,198
- Average Daily Rate: £136
- Occupancy Rate: 74%
- Regulations: Lenient
Cornwall
- Market Score: 356
- Yield: 7.8%
- Revenue: £26,848
- Average Daily Rate: £121
- Occupancy Rate: 62%
- Regulations: Lenient
Westminster
- Market Score: 355
- Yield: 6.2%
- Revenue: £58,290
- Average Daily Rate: £217
- Occupancy Rate: 79%
- Regulations: Lenient
Useful resources
Here are some of the useful resources for you to get started.
Complete list of on-going host expenses: https://airbtics.com/complete-list-of-airbnb-host-expenses/