airbnb property for sale Southampton City Centre
Southampton is a modern city that has been a major seaport for the UK for centuries and is still known as the cruise ship capital of Europe. In comparison to other cities in the UK, Southampton is the cheapest place to invest in property in Hampshire. Southampton property prices are also well under the average house price in England. While there are best areas for rental arbitrage in Southampton such as Ocean Village and Shirley, it’s highly recommended to conduct research on profitable neighbourhoods before purchasing a property.
Fun fact: the cost of living in Southampton is 34% cheaper than in London!
When looking for a property for Airbnb in Southampton, you should not only look at its close proximity to major tourist areas but also determine its potential profitability. It’s also good to know that Airbnb rules in Southampton are not too strict. In this article, we’ll discuss the metrics in order to gauge the best property investment in Southampton, which is an important step when buying a property investment in the UK.
This includes the best website recommendations for property investment, each property’s gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location.
Is Property Investment Profitable in Southampton City Centre?
Since the UK has the fastest-growing property markets across the globe, there is a wide variety of profitable property investments offering higher yields. Using a short-term rental calculator, it was discovered that a 3-bedroom apartment in Southampton City Centre can generate an annual revenue of £27,737 with a steady occupancy rate of 67% and a nightly rate of £117.
airbnb property for sale Southampton City Centre
Profitable Properties for Sale in Southampton City Centre
Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage.
At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Check out the profitable properties in Southampton City Centre along with the calculated gross rental yield, cash-on-cash return, and annual revenue:
Anglesea Road, Shirley, Southampton SO15
1. Studio-type Property for Sale Southampton
1 miles to Millbrook (Hants)
Asking Price: £60,000
| GROSS RENTAL YIELD | 27.66% |
| ANNUAL REVENUE | £16,598 |
| CASH ON CASH RETURN | 57.22% |
Grosvenor Road, Southampton SO17
2. 1-Bedroom Property for Sale Southampton
0.5 miles to St Denys
Asking Price: £80,000
| GROSS RENTAL YIELD | 24.22% |
| ANNUAL REVENUE | £19,373 |
| CASH ON CASH RETURN | 46.88% |
Waterloo Road, Freemantle, Southampton, Hampshire SO15
3. 2-Bedroom Property for Sale Southampton
0.4 miles to Southampton Central
Asking Price: £90,000
| GROSS RENTAL YIELD | 27.96% |
| ANNUAL REVENUE | £25,161 |
| CASH ON CASH RETURN | 58.10% |
Westfield Chase, Aldbourne, Marlborough SN8
4. 3-Bedroom Property for Sale Southampton
6.5 miles to Hunger ford
Asking Price: £130,000
| GROSS RENTAL YIELD | 24.82% |
| ANNUAL REVENUE | £32,266 |
| CASH ON CASH RETURN | 48.69% |
5. 4-Bedroom Property for Sale Southampton
0.3 Miles to Grange Junior School
Asking Price: £180,000
| GROSS RENTAL YIELD | 23.75% |
| ANNUAL REVENUE | £42,752 |
| CASH ON CASH RETURN | 45.49% |
Conclusion
Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article for Southampton such as Airbnb occupancy rates, annual revenue, and average daily rate should be the primary basis before investing in a property.
Hence, if the data presented above has given you ideas to boost your strategic pricing plan for your business, then an Airbnb rental arbitrage calculator is certainly what you need for success in the long run. It’s a fact that some of the STR investors are also considering Airbnb Rental Arbitrage, but they still need to have a reliable data tool on which to base their conclusions!
As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.
