fbpx
🎉 FREE WEBINAR - July 24th, 11am / 8pm CET - Learn Airbtics in 7 Minutes - Revenue and Market Analysis Tips and Best Practices!
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in York

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in York along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in York.

Is Airbnb legal in York? 

Don’t worry, Airbnb is legal in York! This city in the UK has Roman roots and a Viking past makes everyone who visits it feel as if they are stepping back into the middle ages with the ancient walls surrounding the medieval buildings and streets. Aside from that, York is also a fashionable city that offers plenty of world-class museums, restaurants, bars and other shops.

Here is a little proof! As of May 2022, there are 17,578 nights available in York from Airbnb alone. Stays manages 133 listings, while York Boutique and WelcomeLets operates 87 and 42 respectively. 

How much can I make by running an Airbnb in York?

Currently, there are 914 Airbnb listings in York, with 71% of entire houses earning up to £3,039 a month. The Average Occupancy Rate in York is 56% and the average daily rate is £196. According to short-term rental market data source Airbtics, a 2-bedroom apartment in York can make up to £48,318 each year. Check out our Airbnb Calculator to know how much profit can you make while doing short-term rentals! 

York airbnb rules
Short-term rental policy in York, UK
  • You need planning permission if you let your property for a series of short periods that add up to more than 90 nights during any calendar year.
  • You may pay less council tax for a property you own or rent that’s not your main home. Councils can give furnished second homes or holiday homes a discount of up to 50%.
how much can you make on airbnb

Buy to Let in York

Having a buy-to-let property in York is a practical investment because it is a student city offering landlords opportunities to invest in student accommodations. York is also one of the few areas where you can purchase affordable properties.

property investment york

Source: Rental Property York

Property Investment in York

If you are looking to start an Airbnb business in the UK, particularly in York, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in York

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in York, so here are some of the most recommended areas that you can look into & consider purchasing:

Area Population Average House Price Average Rent Price (pcm) Average Airbnb Revenue Yields
City Centre 9,500 £306,000 £1,502 £3,426 In the YO1 postcode area, the yields are 4.4%
North York 67,000 £260,000 £1,242 £2,575 Yields here, in the YO30, YO31 and YO32 postcode areas, are between 4.4% and 5.3%
East York 50,500 £189,860 £674 £1,616 4.7% yields are possible in YO10 although a student let should earn more

Source: Rental Property York

Investment Property for Sale in York, UK

Buying a property in York with an impressive rental yield is an excellent way to have a passive income, considering it’s one of the affordable cities in England to buy a property. By looking at the following property investment websites such as Right Move & News Now, you can get a grasp of the various prices in York.

York airbnb rules

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Airbtics
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Norfolk

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Norfolk along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Norfolk!

Is Airbnb legal in Norfolk? 

Don’t worry, Airbnb is legal in Norfolk! This county is famous for its picturesque sandy beaches, wild swamps, and many other beautiful places to explore. In addition to this, Norfolk has a variety of amusement parks, museums, theaters, and plenty of medieval buildings.

Here is a little proof! As of May 2022, there are 58,935 nights available in Norfolk from Airbnb alone. Cottages,Com manages 400 listings, Norfolk Hideaways and 2cHolidays operate 338 and 241 respectively. 

How much can I make by running an Airbnb in Norfolk?

Currently, there are 3,315 Airbnb listings in Norfolk, with 81% of entire houses earning up to £2,695 a month. The Average Occupancy Rate in Norfolk is 50% and the average daily rate is £276. According to short-term rental properties data source Airbtics, a 2-bedroom apartment in Norfolk can make up to £28,955 each year. Discover how much income can you get on Airbnb with our Free Short-Term Rental Calculator

Norfolk airbnb rules
Short-term rental policy in Norfolk
  • If the total of all lettings that exceed 31 continuous days is more than 155 days during the year, then your property will not continue to be a Furnished Holiday Let for that year.
  • Your property must be available for letting as furnished holiday accommodation letting for at least 210 days in the year. The creation of a six-month tenancy would compromise this regulation.
how much can you make on airbnb

Investment Property in Norfolk

If you are looking to start an Airbnb business in the UK, this is your go signal to do so! Before investing in a property in Norfolk, you have to consider the major determinators for success. This includes average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. Here are Norfolk’s property market insights that you can look into & consider purchasing:

investment property norfolk
Area Average House Price Average Rent Price (pcm) Average Airbnb Revenue Yield
Norwich £268,977 £1,330 £1,850 4,9%
Dereham £242,723 £763 £2,076 4,4%
King’s Lynn £194,768 £725 £1,276 5,6%

Property For Sale in Norfolk

Buying a property in Norfolk with an impressive rental yield is an excellent way to have a passive income. The average house price in North Norfolk ranges at £307,000. Norfolk has been a desirable location for property investors because of its seaside locations & excellent transport links. By looking at the following property investment websites such as Zoopla and On The Market, you can get a grasp of the various prices and properties for sale on Norfolk.

Norfolk airbnb rules

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Airbtics
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Merseyside

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Merseyside along with short-term let policies, properties for sale, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Merseyside!

Is Airbnb legal in Merseyside, Liverpool? 

Don’t worry, Airbnb is legal in Merseyside! This metropolitan county in North West England offers many unique leisure activities. Merseyside is mainly known for music, shopping centers and lively nightlife. Other than that, people can also find green landscapes & beautiful beaches along with other fascinating places to visit.

Here is a little proof! As of May 2022, there are 24,579 nights available in Merseyside from Airbnb alone. Katy, Joe & Team manages 72 listings, Dream Apartments and iStay operates 49 and 44 respectively. 

How much can I make by running an Airbnb in Merseyside?

Currently, there are 1328 Airbnb listings in Merseyside, with 51% of entire houses earning up to £2,580 a month. The Average Occupancy Rate in Merseyside is 47% and the average daily rate is £152. According to vacation rental properties data source Airbtics, a 2-bedroom apartment in Merseyside can make up to £43,521 each year. Check out our Airbnb Estimator and find out how much can you make with short-term rentals.

Merseyside airbnb rules
Short-term rental policy in Merseyside
  • No restriction on the number of days. It can be for as long as 6 months.
  • It is required to pay a Council tax in Merseyside.
  • Any property with five or more people who form unrelated households, and share amenities such as a kitchen or bathroom, must have an HMO licence. Learn more about an HMO licence in Merseyside.
how much can you make on airbnb

Property For Sale in Liverpool

If you are looking to start an Airbnb business in the UK, this is your go signal to do so! Buying a property in Merseyside with an impressive rental yield is an excellent way to have a passive income. Although the property prices in Merseyside neighbourhoods are rapidly rising, the tourism figures also continue to climb. By looking at the following property investment websites such as Zoopla and Reeds & Rains, you can get a grasp of the various prices and properties for sale on Merseyside.

Merseyside airbnb rules

Merseyside Property Investment

Before investing in a property in Merseyside, you have to consider the major determinators for success. This includes average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. Here are some of the most recommended areas in Liverpool that you can look into & consider purchasing:

Area Population Average House Price Average Rent Price (pcm) Average Airbnb Revenue Yields
City Centre (L7) 33,000 £136,904 £364 - £975 £2,805 Yields here range between 9.33% in L1 and 6.8% in L2
South Liverpool (L18-L20) 63,000 £136,651 £966 - £1,842 £2,938 9.79% yields
223,000 North Liverpool (L37-38) £98,000 - £130,000 £676 - £1,599 £1,776 In the L6 postcode, 7.85% yields are possible. Yields elsewhere, based on the L20 (Bootle) area, should still be a healthy 5%

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Airbtics
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Leeds

If you want to start an Airbnb business in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb rules in Leeds along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb regulations in Leeds!

Is Airbnb legal in Leeds? 

Don’t worry, Airbnb is legal in Leeds! This modern and cosmopolitan city is considered the fourth largest urban area in the United Kingdom. You can find various shopping centers in Leeds as well as many leisure activities. On top of that, the city also offers exquisite gastronomy!

Here is a little proof! As of May 2022, there are 10,558 nights available in Leeds from Airbnb alone. Miroslav manages 23 listings, Charli, and Rhifa operates 20 and 20 respectively. 

How much can I make by running an Airbnb in Leeds?

Currently, there are 534 Airbnb listings in Leeds, with 57% of entire houses earning up to £2,134 a month. The Average Occupancy Rate in Leicester is 49% and the average daily rate is £109. According to short-term rental data source Airbtics, a 2-bedroom apartment in Leeds can make up to £37,264 each year. Check out our Airbnb Calculator!

Leeds airbnb rules
Short-term rental policy in Leeds
  • Mandatory Licensing of Houses in Multiple Occupation (HMO)
    If the property consists of a mixture of self-contained flats and flats where the tenant has to go out of their flat usually through a communal area to make use of an amenity as described above (whether for their exclusive use or not), then this may require an HMO licence. In addition, properties let above commercial premises may require an HMO licence.
  • In order to even advertise your property, it is a legal requirement to have an EPC Energy Performance Certificates (EPC) for each property. Once an EPC is obtained, it is valid for 10 years unless the property is sold and a new EPC must be obtained at that point.
  • Employers’ liability insurance is a legal requirement if you employ anyone at your holiday home – i.e. if you have a host, housekeeper, cleaner, or gardener.
  • If you have a mortgage, your lender will require you to have building insurance.
  • If the property is leasehold, the terms and conditions might prevent short-term letting, so check your lease and speak to the freeholder.
how much can you make on airbnb

Buy to Let in Leeds

Having a buy-to-let property in Leeds is a practical investment because it has been a massive student city over the decades. This city in the UK caters to students who are looking for a low-cost place to study. 

Based on multiple reports, Leeds has increased rental growth demand over the years! Aside from its active student market, this city also generates about 5% of all UK economic output.

Property Investment in Leeds

If you are looking to buy investment properties in the UK, particularly in Leeds, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate Airbnb calculator, it shouldn’t be a difficult task at all!

Buying A Property in Leeds

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. Here are some of the most recommended areas in Leeds that you can look into & consider purchasing:

Area Population Average House Price Average Rent Price (pcm) Average Airbnb Revenue Yields
Leeds City Centre 32,300 £179,183 £1,148 £2,055 Investors can expect a steady 5% yield from a Leeds city centre (LS1 postcode) apartment
Headingley (student central) 32,150 £216,734 £845 £1,443 Buy to let landlords can make attractive yields of 7.4%
Woodhouse, Burley, and Hyde Park 45,600 £220,082 £682 - £845 £990 Yields are a minimum of 5-6%. A good student investment property could return 9-10% or more

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Airbtics
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Devon

Devon Airbnb Rules: Do you need help with Airbnb property investment and rules in Devon? Here’s a helpful guide for hosts and investors in the UK!

Devon airbnb rules

Do you need help with Airbnb property investment and rules in Devon? Here’s a helpful guide for hosts and investors in the UK!

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Devon along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Devon!

Is Airbnb legal in Devon? 

Don’t worry, Airbnb is legal in Devon! This diverse county is located in southwest England and is well-known as a top-notch holiday destination. Devon offers some of England’s most stunning natural landscapes, as well as a variety of great cultural and historical attractions.

Here is a little proof! As of May 2022, there are 113,237 nights available in Devon from Airbnb alone. Cottages,Com manages 558 listings, Marsdens Devon Cottages and Luxury Coastal operate 108 and 76 respectively. 

How much can I make by running an Airbnb in Devon?

Currently, there are 6,259 Airbnb listings in Devon, with 77% of entire houses earning up to £2,693 a month. The Average Occupancy Rate in Devon is 48% and the average daily rate is £181. According to short-term rental data source Airbtics, a 2-bedroom apartment in Devon can make up to £30,835 each year. Check out our Short-Term Rental Profit Calculator to know how much can you make on Airbnb! 

Devon airbnb rules
Short-term rental policy in Devon
  • The Council of Devon will regard bed and breakfast hotels as HMOs if they are housing any people who use the hotel as their main residence for more than 30 consecutive days. Where this accommodation is used as the main residence, the same standards as for other HMOs should be met.
  • Homeowners in Devon are allowed to rent out their properties for short-term lets without planning permission for up to 90 nights a year.

Investment Property in Devon

If you are looking to start an Airbnb business in the UK, this is your go signal to do so! Before investing in a property in Devon, you have to consider the major determinators for success. This includes average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. Here are the recent property prices in Devon:

Devon airbnb rules

Source: Buying Property in Devon

 

Here are some of the most recommended areas in Devon that you can look into & consider purchasing:

airbtics-logo-300x87
Area Population Average House Price Average Rent Price (pcm) Average Airbnb Revenue Yields
Exeter 130,000 £261,808 £1,396 £1,989 Yields in Exeter itself are typically around 3% to 4%
Plymouth 234,900 £224,529 £690 £1,659 Yields are tight at around 3% (based on BS8 postcode)
Torquay 65,200 £259,944 £1,233 £1,983 These areas offer yields around 4% in BS7 and BS9, although BS6 could return 6-7%, particularly for a student let

Airbnb Location

Dataset

Exeter

  • Population: 130,000
  • Average House Price: £261,808
  • Average Rent Price (pcm): £1,396
  • Average Airbnb Monthly Revenue: £1,989
  • Yields: Yields in Exeter itself are typically around 3% to 4%

Plymouth

  • Population: 234,900
  • Average House Price: £224,529
  • Average Rent Price (pcm): £690
  • Average Airbnb Monthly Revenue: £1,659
  • Yields: Yields are tight at around 3% (based on BS8 postcode)

Torquay

  • Population: 65,200
  • Average House Price: £259,944
  • Average Rent Price (pcm): £1,233
  • Average Airbnb Monthly Revenue: £1,983
  • Yields: These areas offer yields around 4% in BS7 and BS9, although BS6 could return 6-7%, particularly for a student let

Rental Properties in Devon

Buying a property in Devon with an impressive rental yield is an excellent way to have a passive income. According to County Homesearch, Devon is widely considered one of the best areas to buy a holiday home in the UK because of its proximity to beautiful national parks (Dartmoor & Exmoor). By looking at the following property investment websites such as Stephens Scown and Bruton Knowles, you can get a grasp of the various prices in Devon.

Rental Property in South Devon

Based on a recent property analysis in Devon, its coastal towns have increased prices in all of England. Over the last year, the average house prices in South Devon is at £279,694. As seen on this rental property in South Devon, you can rent a property for as low as £620.

buy-to-let
Rental Property in Paignton

Paignton is the safest major town in Devon according to UK’s official crime rate. However, the towns of Paignton & Goodrington are among the fastest-rising house prices in Devon with an 11% increase in asking price. As seen on this rental property in Paignton, you can rent a property ranging from £975 – £1,400.

Devon airbnb rules
Rental Property in Torquay

Torquay has recorded a compound growth rate of 9% over the past few years. Known as a popular tourist & retirement property, Torquay is popular with investors for its excellent value buy-to-lets and house shares. The average house price in this town is £201,893. As seen on this rental property in Torquay, you can rent a property for as low as £850.

Devon airbnb rules

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Unlock Worldwide
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.

Annual Airbnb Revenue in Greenbelt maryland, USA

Greenbelt, Maryland| Airbnb Market Data & Overview | USA Greenbelt, Maryland Airbnb Market Data & Overview USA Is it profitable to do Airbnb in Greenbelt, …

Read More →
Top Property Management Companies Ipoh, Malaysia

Top 7 Property Management Companies in Ipoh Top 7 Property Management Companies in Ipoh Last updated on: 5th July, 2024 This list aims to provide …

Read More →
Annual Airbnb Revenue in Sun city arizona, USA

Sun City, Arizona| Airbnb Market Data & Overview | USA Sun City, Arizona Airbnb Market Data & Overview USA Is it profitable to do Airbnb …

Read More →
Annual Airbnb Revenue in Miramar beach florida, USA

Miramar Beach, Florida| Airbnb Market Data & Overview | USA Miramar Beach, Florida Airbnb Market Data & Overview USA Is it profitable to do Airbnb …

Read More →
airbnb occupancy south rivers ontario
Interview with an Airbnb Host from South Rivers, Ontario – S2 EP44

Welcome back to another episode of Into The Airbnb, where we talk with Airbnb hosts about their short-term rental experience. Today’s guest is Mike Cameron, …

Read More →
Annual Airbnb Revenue in Centennial colorado, USA

Centennial, Colorado| Airbnb Market Data & Overview | USA Centennial, Colorado Airbnb Market Data & Overview USA Is it profitable to do Airbnb in Centennial, …

Read More →

Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Cardiff

If you are looking into buying a property for Airbnb in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Cardiff along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Cardiff!

Is Airbnb legal in Cardiff? 

Don’t worry, Airbnb is legal in Cardiff! The capital of Wales is a modern city with Victorian touches in its surroundings. Cardiff basically has it all, from fascinating castles & museums to many green spaces where one can relax.

Here is a little proof! As of May 2022, there are 13,943 nights available in Cardiff from Airbnb alone. Sabina manages 47 listings, Miroslav and StayBC operates 39 and 28 respectively. 

How much can I make by running an Airbnb in Cardiff?

Currently, there are 956 Airbnb listings in Cardiff, with 61% of entire houses earning up to £2,873 a month. The Average Occupancy Rate in Cardiff is 40% and the average daily rate is £393. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Cardiff can make up to £55,200 each year. Check out our Short-Term Rental Income Calculator!

Cardiff Airbnb Rules
Short-term rental policy in Cardiff
  • Compulsory landlord registration & licensing

The Housing (Wales) Act 2014 requires all landlords with property in Cardiff to register with Rent Smart Wales and to either be licensed themselves if they’re ‘self-managing’ or use a licensed agent.

The Welsh Government is planning to introduce controls to limit the numbers of second homes and holiday lets, as well as a licensing scheme for anyone wanting to list units on booking platforms such as Airbnb.

how much can you make on airbnb

Cardiff Property Investment

If you are looking to start an Airbnb business in the UK, this is your go signal to do so! Before investing in a property in Cardiff, you have to consider the major determinators for success. This includes average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. Here are some of the most recommended areas in Cardiff that you can look into & consider purchasing:

Area Population Average House Price Average Rent Price (pcm) Average Airbnb Revenue Yield
City Centre & Cardiff Bay 44,400 £194,000 £1,348 £2,755 With careful buying – in CF10 this could be up to about 7%
Inner City Suburbs 97,000 £190,000-£230,000 £1,237 £3,494 Yields here, east of the centre and based on CF24, are a solid 4%. But west of the centre in CF11 up to 6% is possible
Outer Suburbs 182,000 £132,000-£364,000 £1,136 £1,772 Yields in these areas are likely to be 3% in CF5 and CF14 – and 4% in CF3

Rental Property in Cardiff

Buying a property in Cardiff with an impressive rental yield is an excellent way  to have a passive income. Cardiff is best known for its modern economy with a strong market for student accommodation. By looking at the following property investment websites such as Right Move and On The Market, you can get a grasp of the various prices in Cardiff.

Cardiff Airbnb Rules

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Airbtics
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Belfast

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Belfast along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Belfast!

Is Airbnb legal in Belfast? 

Don’t worry, Airbnb is legal in Belfast! Belfast is described as the gateway city to a land of legends. The city boasts a lively historic city center, fascinating museums, a variety of restaurants and many other top-notch attractions.

Here is a little proof! As of May 2022, there are 14,228 nights available in Belfast from Airbnb alone. Andrew manages 58 listings, Central and John operates 17 and 12 respectively. 

How much can I make by running an Airbnb in Belfast?

Currently, there are 598 Airbnb listings in Belfast, with 52% of entire houses earning up to £2,193 a month. Average Occupancy Rates in Belfast is 53% and average daily rate is £104. According to vacation holiday rental data source Airbtics, a 2-bedroom apartment in Belfast can make up to £29,374 each year. Want to discover how much can you make on Airbnb? Then check out our Airbnb Calculator!

Belfast Airbnb rules
Short-term rental policy in Belfast
  • The need for planning permission will depend on the extent to which the short-term holiday let changes the character of the use of the property and the degree to which it impacts its surroundings.
  • All tourist accommodation providers in Northern Ireland (for example, anyone offering overnight sleeping accommodation to tourists for a fee) must receive certification by Tourism NI before they can trade.
  • Under Northern Ireland’s regulations, Airbnb properties are classed as self-catering accommodation. All hosts are required to apply for a certificate that costs £40 and is valid for up to four years.
how much can you make on airbnb

Property in Belfast

Before investing in a property in Belfast, you have to consider the major determinators for success. This includes average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. Here are some of the most recommended areas in Belfast that you can look into & consider purchasing:

Belfast Airbnb rules
Population: 343,000 approximately Average House Price: £145,337

Here are some of the most recommended areas in Belfast that you can look into & consider purchasing:

Area Average House Price Average Rent Price (pcm) Average Airbnb Revenue Yields
City Centre (BT1 - BT2) £226,814 £912 £2,169 Flats in this area can offer a yield of between 2% and 3.9% according to Liveyield
Andersontown, Lady Brook, and Suffolk (BT11) £167,462 £750 £1,607 BT11 can offer typical yields around 5% up to as much as 9.2%
Falls Road, Sandy Row, and The Village (BT12) £117,819 £718 £1,746 Properties in BT12 offer a minimum yield of 3% and a maximum yield of 12.2%

Buy to Let in Belfast

If you are looking to start an Airbnb business in the UK, this is your go signal to do so! One of the reasons to buy to let in Belfast is its remarkable exponential growth in business industries & tourism. 

Since house prices in Belfast are generally lower than in other cities in the UK, it’s also a feasible option for investors to buy-to-let properties with a strong return of investment (ROI). Using an accurate Airbnb calculator, this shouldn’t be a difficult task at all!

Rental Properties in Belfast

Buying a property in Belfast with an impressive rental yield is an excellent way to have a passive income. As a competitive and connected city, Belfast is the second-fastest growing knowledge economy in the UK with over 80% of business investments. By looking at the following property investment websites such as Propertypal Belfast and Property News Belfast, you can get a grasp of the various prices in Belfast.

buy-to-let

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Airbtics
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Nottingham

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Nottingham along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Nottingham!

Is Airbnb legal in Nottingham? 

Don’t worry, Airbnb is legal in Nottingham! The city associated with Robin Hood’s legend is located in the East Midlands, England and it’s filled with historical attractions. Aside from its rich history and folklore, Nottingham offers a variety of restaurants, shopping centers, clubs, and sports stadiums.

Here is a little proof! As of May 2022, there are 8,504 nights available in Nottingham from Airbnb alone. Steve manages 57 listings, Miroslav and Graham operate 51 and 40 respectively. 

How much can I make by running an Airbnb in Nottingham?

Currently, there are 438 Airbnb listings in Nottingham, with 56% of entire houses earning up to £2,259 a month. The Average Occupancy Rate in Nottingham is 47% and the average daily rate is £121. According to short-term rental market data source Airbtics, a 2-bedroom apartment in Nottingham can make up to £41,111 each year. Check out our Airbnb Profit Calculator!

Nottingham airbnb rules
Short-term rental policy in Nottingham
  • Required to apply for a licence before you rent your property
  • A resident landlord and family can have up to two lodgers living in the house, where this the case, you do not require a selective licence. Read more about the selective licensing in Nottingham for more details.
  • If you have three or more lodgers, the house may require an HMO licence (under the additional or mandatory licensing scheme). 
how much can you make on airbnb

Buy to Let in Nottingham

Having a buy-to-let property in Nottingham is an outstanding investment because of its large student property market & largest teaching hospital in the UK. This city in the UK caters to numerous students & employees which creates a massive demand for property to buy and rent. Some of the specialist property investment companies that you can contact are Fairview Estates, RW Invest, and Castle Gate.

Property Investment in Nottingham

If you are looking to start an Airbnb business in the UK, particularly in Nottingham, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate Airbnb estimator, it shouldn’t be a difficult task at all!

Buying Property in Nottingham

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find the best places to buy-to-let in Nottingham, so here are some of the most recommended areas that you can look into & consider purchasing:

Area Population Average House Price Average Rent Price (pcm) Average Airbnb Revenue Yields
Lenton (Student Areas) 44,400 £194,000 £415 - £1,500 £1,284 It’s in these districts (based on the NG7 postcode), an 8.89% yield is possible
City Centre 8,000 approx. £169,716 £1,220 £2,013 A city centre apartment could be expected to earn a 5-6% yield
Beeston 53,148 £259,072 £506 £1,243 The average price in Beeston is £259,072 and yields (based on NG9) are 4%

Rental Properties in Nottingham

Buying a property in Nottingham with an impressive rental yield is an excellent way to have a passive income. As the capital of the East Midlands and the biggest shopping centre, property investors in this city are aiming to buy more properties. By looking at the following property investment websites such as Zoopla & On The Market, you can get a grasp of the various prices in Nottingham.

Nottingham airbnb rules

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Airbtics
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Newcastle

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Newcastle along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Newcastle!

Is Airbnb legal in Newcastle? 

Don’t worry, Airbnb is legal in Newcastle! Without a doubt, this vibrant city has the most exciting nightlife in the North East of England. But not only that because it also has a variety of top-notch cultural & natural attractions. 

Here is a little proof! As of May 2022, there are 6,041 nights available in Newcastle from Airbnb alone. Dream manages 32 listings, Properties Unique and Ryan operates 20 and 18 respectively. 

How much can I make by running an Airbnb in Newcastle?

Currently, there are 302 Airbnb listings in Newcastle, with 54% of entire houses earning up to £2,496 a month. The Average Occupancy Rate in Newcastle is 47% and the average daily rate is £239. According to short-term holiday rental data source Airbtics, a 2-bedroom apartment in Newcastle can make up to £32,392 each year. Check out our Airbnb Income Calculator!

Newcastle airbnb rules
Short-term rental policy in Newcastle
  • Energy Performance Certificates (EPC’s) are needed whenever a property is built, sold, and rented. A holiday accommodation that’s rented out for less than 4 months a year or is let out under a licence does NOT need an EPC.
  • It is required to pay Council tax in Newcastle.
  • Any property with five or more people who form unrelated households, and share amenities such as a kitchen or bathroom, must have an HMO licence. Learn more about an HMO licence in Newcastle.
how much can you make on airbnb

Property Investment in Newcastle

Before investing in a property in Newcastle, you have to consider the major determinators for success. This includes the median price paid, population, nearby landmarks or attractions, and the asking amount for rent to expect – among the rest. 

Newcastle airbnb rules
Rental Properties in Newcastle

Buying a property in Newcastle with an impressive rental yield is an excellent way to have a passive income. Due to this city’s strong reputation in banking & excellent track record in overseas investment, property investors in this city are aiming to buy more properties. By looking at the following property investment websites such as Your Move & On The Market, you can get a grasp of the various prices in Newcastle.

Buy to let Newcastle

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Airbtics
Categories
Airbnb Rules All About Airbnb

Airbnb Rules in Sheffield

If you are looking to buy investment properties in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Sheffield along with short-term let policies, buy to let properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Sheffield!

Is Airbnb legal in Sheffield? 

Don’t worry, Airbnb is legal in Sheffield! Also known as The Outdoor City, Sheffield is considered one of the greenest cities in England with the Peak National Park within its boundary. Aside from its wonderful natural landscapes, the city also offers fascinating cultural & historical attractions.

Here is a little proof! As of May 2022, there are 7,873 nights available in Sheffield from Airbnb alone. Miroslav manages 37 listings, Atanas and Stephanie operate 31 and 26 respectively. 

How much can I make by running an Airbnb in Sheffield?

Currently, there are 390 Airbnb listings in Sheffield, with 52% of entire houses earning up to £2,198 a month. The Average Occupancy Rate in Sheffield is 48% and the average daily rate is £139. According to vacation rental properties data source Airbtics, a 2-bedroom apartment in Sheffield can make up to £30,937 each year. Find out how much can you make on Airbnb!

Sheffield airbnb rules
Short-term rental policy in Sheeffield
  • Register with the Private Rented Solutions Scheme.
  • If you have more than one property to rent you will need to submit a separate registration form for each one.
  • It is required to pay a Council tax in Sheffield
how much can you make on airbnb

Buy to Let Properties in Sheffield

Having a buy-to-let property in Sheffield is an ideal investment because it is amongst the fastest-growing cities in the UK. Sheffield is perfect for property investors because of its hi-tech future & high-paying jobs, which creates a skyrocketing demand for property to buy and rent. 

Property Investment in Sheffield

If you are looking to start an Airbnb business in the UK, particularly in Sheffield, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate Airbnb estimator, it shouldn’t be a difficult task at all!

Rented Properties in Sheffield

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Sheffield, so here are some of the most recommended areas that you can look into & consider purchasing:

Area Population Average House Price Average Rent Price (pcm) Average Airbnb Revenue Yields
City Centre 30,000 £114,200 £894 £1,621 Buy To Let Yield map reports strong yields are possible here with 6.85% in S1.
West Sheffield 192,000 £190,000 - £330,000 £900 £1,843 Higher than average prices mean yields here (based on S6, S10 and S11 postcodes) are in the 3%- 4% region although a student-shared property could return double that.
South West Sheffield 63,000 £240,000-£390,000 £700 - £900 £1,935 Yields are tight in the pricier areas like this, around 3%. Yields are tight in the pricier areas like this, around 3%.

Buying A Property in Sheffield

Buying a property in Sheffield with an impressive rental yield is an excellent way to have a passive income. It’s also one of the cheapest cities in England to buy a property. Sheffield is a huge university city with student housing located almost anywhere, so property investors in this city are aiming to buy more properties. By looking at the following property investment websites such as Zoopla & On The Market, you can get a grasp of the various prices in Sheffield.

Conclusion 

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15 – 30% gross rental yields, and 10-20% net. It’s also fun to do! 

Airbtics

Free Webinar

Learn Airbtics in 7 Minutes

Revenue and market analysis Tips and Best Practices!
Airbnb Data
Airbnb Data

ARE YOU IN?

Get Access to our weekly data-driven airbnb report!