Tag: lng_-1.2578499

Investing in Property for Sale: How to Buy A Profitable Property for Airbnb in Oxford City Centre

Post author By Robyn Peña
Post date November 28, 2022

airbnb property for sale Oxford City Centre

Oxford City Centre is home to the world-renowned Oxford University colleges including Christ Church, Trinity, Balliol, and Magdalen. The city centre also hosts an extensive range of shops and restaurants. The city centre also encompasses several peaceful parks and meadows.

According to Avrillo Conveyancing UK, the best cities to invest your money in as a landlord in 2022 are Bristol, Oxford, and Cambridge. These three cities are showing great potential judging by the increasing demand for homes and housing in the cities. In addition to this, it has one of the most profitable buy-to-let property investment hotspots in the UK!

Without a doubt, investing in a property in Oxford City Centre is a haven for property investors who are looking to maximize profitability. While rental arbitrage in the UK is fairly popular and does not require you to purchase a property, it’s still the best to learn about buying a property for Airbnb and making sure that it’s profitable. Primarily, it’s also important to check Airbnb rules in Oxford to operate the business without any hesitations.

Oxford is recognized for its thriving economic success and there are various high-growth companies with a total output of £21.9 billion, making Oxfordshire’s economy one of the strongest in the UK. Airbnb rental arbitrage in Oxford is also a popular option for investors who would like to try the market first before purchasing a property.

In this article, we’ll discuss the metrics in order to gauge the best property investment, specifically when buying a property investment in the UK. This includes the best website recommendations for property investment, defining property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location.

Stoked to learn more about starting an Airbnb business in the UK, particularly in Oxford City Centre? Continue reading!

Is Property Investment Profitable in Oxford 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 an Airbnb calculator, it was discovered that a 2-bedroom apartment in Oxford City Centre can generate an annual revenue of £77,314 with a steady occupancy rate of 90% and a nightly rate of £234.

airbnb property for sale Oxford City Centre

Profitable Properties for Sale in Oxford 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. Here are some of the profitable properties in Oxford City Centre along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

Disclaimer: The properties featured in this article are indicated as examples and there is a possibility that they have already been sold and removed from the website's listings.

Birch House, The Old Works, Leigh Street, High Wycombe HP11

1. Studio-type Property for Sale Oxford
Near High Wycombe

Asking Price: £39,800

GROSS RENTAL YIELD	15.94%
ANNUAL REVENUE	£15,784
CASH ON CASH RETURN	22.06%

Tumbling Bay Court, Oxford OX2

2. 1-Bedroom Property for Sale Oxford
0.3 miles to Oxford

Asking Price: £130,000

GROSS RENTAL YIELD	26.06%
ANNUAL REVENUE	£33,873
CASH ON CASH RETURN	52.40%

Cranmer Road, Cowley, Oxford OX4

3. 2-Bedroom Property for Sale Oxford
4.1 miles to Radley

Asking Price: £275,000

GROSS RENTAL YIELD	24.69%
ANNUAL REVENUE	£67,901
CASH ON CASH RETURN	48.31%

Silkdale Close, Oxford, Oxfordshire OX4

4. 3-Bedroom Property for Sale Oxford
3,7 miles to Radley

Asking Price: £250,000

GROSS RENTAL YIELD	24.36%
ANNUAL REVENUE	£60,895
CASH ON CASH RETURN	47.31%

Clinton Close, Oxford OX4

5. 4-Bedroom Property for Sale Oxford
2,6 miles to Radley

Asking Price: £475,000

GROSS RENTAL YIELD	25.95%
ANNUAL REVENUE	£123,255
CASH ON CASH RETURN	52.08%

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 Oxford such as Airbnb occupancy rates, annual revenue, and average daily rate should be the primary basis before investing in a property. But don’t be in a rush! We also recommend you analyze more areas with high rental demand in the UK in case there are better investment opportunities!

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.

Tags Airbnb Investments, lat_51.7520131, lng_-1.2578499

Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Oxford

Post author By Robyn Peña
Post date August 11, 2022

Are you interested in achieving financial independence through passive income? Here’s a disclaimer: you don’t need to own a property to start the Airbnb rental arbitrage business! In this article, we featured the entire process of Airbnb rental arbitrage in Oxford, its profitability, and the best areas and neighborhoods. Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage!

What is Rental Arbitrage?

Rental Arbitrage is a way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property!

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time.

Here’s a proof! In Oxford, Anne manages 10 listings and I’m pretty sure she doesn’t own the all properties. She made £187,871 in the last 12 months.

How much can I make with rental arbitrage in Oxford?

Before you dive in and start putting out your hard-earned money on a property, it’s important to know how much profit you can make. For instance, the best borough to invest in is Oxford City Centre located in the OX1 district! The rental demand in this area is stable because of the university accommodation providers and business professionals.

Now that we have the best neighborhood to invest in Oxford, let’s talk about profitability and monthly expenses.

Profit & Monthly Expense in Oxford

Based on Airbtics’ data, you can earn a whopping £5,850 per month for a 2-bedroom apartment in Oxford City Centre alone. With the data provided, you can certainly tell that investing in a property in Oxford is profitable!

Average Rent Price	Airbnb Monthly Revenue	Monthly Expense	Monthly Profit
£1,855	£5,850	£1,170	£2,825

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and monthly expense (£5,850-£1,855-£1,170= £2,825).

Startup Cost in Oxford

Now that you have an overview of how much your monthly expense and revenue is, let’s talk about the start-up cost! How long does it take for an investor like you to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price)	Cash Return Time
£5,710	2 months

The average estimated startup cost (for furnishing) in Oxford is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£3,710). Now that we have a total startup cost of £5,710, cash return time can be calculated by dividing this by the Airbnb monthly revenue (£2,825).

Given your monthly revenue of £2,825, it will take approximately less than 2 months time to get back the startup cost! In such a short period of time, you can already expect profit and consider starting your second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Oxford!

Best Areas for Rental Arbitrage in Oxford

Before investing in a particular area in Oxford, you have to take a look at the top markets and number of listings to set your expectations for success. Check out the top 3 neighbourhoods in Oxford ranked by their annual revenue, along with their occupancy & daily rates!

1. Oxford City Centre (OX1)

This area has driven a huge rental demand due to the exceptional job opportunities and student accommodations available. In Oxford City Centre, investors can expect a yield of 4%. Here’s what you can expect in this neighbourhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	£1,325	£3,659	76%	£172
2-bedrooms	£1,855	£5,850	80%	£222
3-bedrooms	£2,788	£3,672	66%	£260

According to our Airbtics Dashboard, there are more than 32 Airbnb listings with 7 private room properties and 20 one-bedroom properties in this area. The monthly revenue for most properties in Oxford City Centre is more than £2,825 per month with occupancy being more than 61%.

2. Cowley Road (OX4)

This neighborhood is also considered one of the best areas in Oxford for buy-to-let because of its profitability, cheap properties, and a rental yield of 5%! Known as the fashionable residential spot, here’s what you can expect in this neighbourhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	£979	£2,495	73%	£135
2-bedrooms	£1,291	£2,954	72%	£200
3-bedrooms	£1,616	£4,206	73%	£256

This area has a total of 125 Airbnb listings with 45 private room properties and 75 one-bedroom properties. The monthly revenue for most properties in Cowley Road is more than £1,748 per month with occupancy being more than 56%.

3. Jericho and Park Town (OX2)

Last but not least, Oxford’s independent area that offers an incredible nightlife experience, Jericho & Park Town! This area is often attractive to young professionals and students from nearby universities. Here’s what you can expect in this neighbourhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	£1,328	£3,227	74%	£172
2-bedrooms	£1,847	£5,111	85%	£234
3-bedrooms	£2,523	£7,367	71%	£317

This area has a total of 71 Airbnb listings with 19 private room properties and 34 one-bedroom properties in this area. The monthly revenue for most properties in Jericho & Park Town is more than £3,370 per month with occupancy being more than 61%.

Short-term rental regulations in Oxford

To begin with, it’s certainly important to be familiar with the Airbnb rules in Oxford to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

Required to apply for planning permission when there is a ‘material change’ in the use of a property through Oxford City Council.
It is required to pay council tax in Oxford.

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative!

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

Craigslist allows renters to specifically state what kind of property they are looking for. You can try typing in ‘landlords allowing Airbnb’ or ‘sublease property in (city name)’ and try other keywords to get you on the right track.
Facebook marketplace has a vast community of landlords & renters, so you can try joining the right groups to lead you on the right path. Here are some of the finest Facebook groups that you can join:

Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

Tags Airbnb Rental Arbitrage, lat_51.7520131, lng_-1.2578499

Airbnb Rules All About Airbnb

Airbnb Rules in Oxford

Post author By Robyn Peña
Post date August 1, 2022

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 Oxford 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 Oxford!

Is Airbnb legal in Oxford?

Don’t worry, Airbnb is legal in Oxford! Also known as the City of Dreaming Spires, Oxford is home of England’s oldest university and is filled with iconic & historical monuments. This city boasts many delightful gardens, and fascinating museums along with many other places of interest.

Here is a little proof! There are rental property management companies in Oxford that vouch for the legality of Airbnb in the city. Penny & Sinclair manages 37 listings, while Short Let Space Holiday Cottages manages over 100 properties in and surrounding Oxford and Oxfordshire including the Cotswolds.

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

Currently, there are 858 Airbnb listings in Oxford, with 49% of entire houses earning up to £3,233 a month. The Average Occupancy Rate in Oxford is 58% and the average daily rate is £91. According to vacation holiday rental market data source Airbtics, a 2-bedroom apartment in Oxford can make up to £21,899 each year. Find out how much income can you make on Airbnb with our Free Calculator!

Short-term rental policy in Oxford

Required to apply for planning permission when there is a ‘material change’ in the use of a property through Oxford City Council
It is required to pay council tax in Oxford

Investment in Oxford

If you are looking to start an Airbnb business in the UK, particularly in Oxford, 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!

Before investing in a property in Oxford, 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 Oxford:

Source: Oxford Property

Area	Population	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue	Yield
City Centre	6,000	£675,221	£2,435	£3,884	4%
Cowley Road Area	3,800	£391,263	£1,760	£3,156	5%
Jericho	5,200	£523,000	£2,093	£3,418	3%

Property For Sale in Oxford

Buying a property in Oxford with an impressive rental yield is an excellent way to have a passive income. The average house price in Oxford ranges at £447,000.

Oxford is recognized for its thriving economic success with rising property prices. There are various high-growth companies with a total output of £21.9 billion, making Oxfordshire’s economy one of the strongest in the UK! By looking at the following property investment websites such as Zoopla and Knight Frank, you can get a grasp of the various prices and properties for sale in Oxford.