Tag: lng_-2.5972985

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

Post author By Robyn Peña
Post date November 24, 2022

airbnb property for sale Bristol City Centre

Bristol City is one of the most fascinating cities in Britain as it offers more than museums and art galleries. Known as a walkable city, its distinct architecture and buildings are some of the favorite tourist spots with overlooking views of the sea.

Before deciding to purchase a property in Bristol, it’s certainly important to consider the major costs and revenue. While rental arbitrage in Bristol is fairly popular and does not require you to purchase a property, it’s still recommended to learn about buying a property for Airbnb in the future and making sure that it’s profitable. It’s also good to know that Airbnb rules in Bristol are not too strict, although a license to operate is required.

Aside from a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment in Bristol, which is an important step when buying a property investment in the UK.

This includes the best website recommendations for property investment, property gross rental yield, cash-on-cash return, and monthly 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? Continue reading to learn more!

Is Property Investment Profitable in Bristol 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 Bristol City Centre can generate an annual revenue of £43,385 with a steady occupancy rate of 64% and a nightly rate of £183.

airbnb property for sale Bristol City Centre

Profitable Properties for Sale in Bristol 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 newly built home properties in Bristol 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.

Kiddles, Yeovil BA21

1. Studio-type Property for Sale Bristol
0.6 Miles to Yeovil Pen Mill

Asking Price: £70,000

GROSS RENTAL YIELD	23.68%
ANNUAL REVENUE	£16,577
CASH ON CASH RETURN	45.28%

St. Thomas Place, St. Thomas Street, Redcliffe, Bristol BS1

2. 1-Bedroom Property for Sale Bristol
0.1 Miles to Bristol Marina Ferry Landing

Asking Price: £80,000

GROSS RENTAL YIELD	27.28%
ANNUAL REVENUE	£21,823
CASH ON CASH RETURN	56.07%

St. Matthias Road, Bristol BS16

3. 2-Bedroom Property for Sale Bristol
2 miles to Filton Abbey Wood

Asking Price: £126,000

GROSS RENTAL YIELD	25.77%
ANNUAL REVENUE	£32,469
CASH ON CASH RETURN	51.54%

Angelica Drive, Emersons Green, Bristol BS16

4. 3-Bedroom Property for Sale Bristol
3.2 miles to Bristol Parkway

Asking Price: £185,000

GROSS RENTAL YIELD	26.26%
ANNUAL REVENUE	£48,581
CASH ON CASH RETURN	53.01%

New Cheltenham Road, Bristol BS15

5. 4-Bedroom Property for Sale Bristol
3.2 Miles to St Lawrence Hill

Asking Price: £325,000

GROSS RENTAL YIELD	25.98%
ANNUAL REVENUE	£84,423
CASH ON CASH RETURN	52.16%

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 Bristol 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.

Tags Airbnb Investments, lat_51.4538022, lng_-2.5972985

Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Bristol

Post author By Robyn Peña
Post date August 9, 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 Bristol, 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 Bristol, Mairead manages 20 listings and I’m pretty sure she doesn’t own the all properties. Mairead made £630,855 in the last 12 months.

How much can I make with rental arbitrage in Bristol?

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 neighborhood to invest in is Bristol City Centre, located in the BS1 district with an estimated increase of student accommodation developments by 2028!

Since this neighborhood massively covers both student houses & incorporates a wide range of tourist attractions, it has become a preferred area for investors! Now that we have the best neighborhood to invest in Bristol, let’s talk about profitability and monthly expenses.

Profit & Monthly Expense in Bristol

Based on Airbtics’ data, you can earn a whopping £4,047 per month for a 3-bedroom apartment in Bristol City Centre alone. With the data provided, you can certainly tell that investing in a property in Bristol is profitable!

Average Rent Price	Airbnb Monthly Revenue	Monthly Expense	Monthly Profit
£1,837	£4,047	£809	£1,401

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and monthly expense (£4,047-£1,837-£809 = £1,401).

Startup Cost in Bristol

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
£5,674	4.1 months

The average estimated startup cost (for furnishing) in Bristol is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£3,674). Now that we have a total startup cost of £5,674, cash return time can be calculated by dividing this by the monthly profit (£1,401).

Given your monthly revenue of £1,401, it will take approximately 4.1 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 Bristol!

Best Areas for Rental Arbitrage in Bristol

Before investing in a particular area in Bristol, 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 neighbouroods in Bristol ranked by their annual revenue, along with their occupancy & daily rates!

1. Bristol City Centre (BS1)

Numerous investors prefer this area because they are targeting young professionals as Bristol’s employment rate continues to rise! Not to mention Bristol’s booming technology and splendid university city which boosts the overall rental growth demand. 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	£1,282	£2,341	79%	£130
2-bedrooms	£1,804	£3,320	70%	£205
3-bedrooms	£1,837	£4,047	76%	£256

According to our Airbtics Dashboard, there are more than 256 Airbnb listings with 42 private room properties and 129 one-bedroom properties in this area. The monthly revenue for most properties in Bristol City Centre is more than £2,914 per month with occupancy being more than 54%.

2. Clifton (BS8)

This neighborhood enjoys a huge rental demand due to its accessibility to the city centre with plenty of natural spaces and upmarket local shops. 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	£1,039	£2,517	75%	£141
2-bedrooms	£1,431	£3,333	73%	£215
3-bedrooms	£1,858	£4,976	72%	£342

This area has a total of 459 Airbnb listings with 112 private room properties and 246 one-bedroom properties. The monthly revenue for most properties in Clifton is more than £2,601 per month with occupancy being more than 53%.

3. Easton (BS5)

Last but not least, Bristol’s most affordable area, Easton! Investors find this area tempting because of its lowest property prices and good yields of 4-5%. 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	£996	£1,977	59%	£123
2-bedrooms	£1,313	£2,000	70%	£138
3-bedrooms	£1,571	£4,844	59%	£245

This area has a total of 121 Airbnb listings with 47 private room properties and 69 one-bedroom properties in this area. The monthly revenue for most properties in Easton is more than £1,806 per month with occupancy being more than 51%.

Short-term rental regulations in Bristol

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

It is required to pay a Council tax in Bristol. You can pay in 12 monthly installments, but the payments can only begin at the start of the financial year, which runs from April to March.
If you are a registered provider of social housing and own or manage houses in multiple occupations, you may not need a licence.
When determining a property licence application, there’s no requirement for the property to have planning consent. However, to comply with planning legislation, planning consent may need to be obtained.

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_51.4538022, lng_-2.5972985

Airbnb Rules All About Airbnb

Airbnb Rules in Bristol

Post author By Robyn Peña
Post date July 29, 2022

If you are looking for the best property rental yields in the UK, knowing the Airbnb rules in your preferred city is the first step! In this article, we featured Airbnb regulations in Bristol 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 Bristol!

Is Airbnb legal in Bristol?

Don’t worry, Airbnb is legal in Bristol! This cosmopolitan city has an innovative culture and an impressive maritime heritage. Bristol boasts a fantastic commercial area, many museums, delicious gastronomy & vibrant nightlife.

Here is a little proof! As of May 2022, there are 20,470 nights available in Bristol from Airbnb alone. Hopewell manages 116 listings, Your Apartment and Mairead operates 74 and 19 respectively.

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

Currently, there are 878 Airbnb listings in Bristol, with 50% of entire houses earning up to £2,844a month. The Average Occupancy Rate in Bristol is 53% and the average daily rate is £128. According to short-term rental properties data source Airbtics, a 2-bedroom apartment in Bristol can make up to £44,359 each year. Check out our Free Airbnb Calculator!

Short-term rental policy in Bristol

It is required to pay a Council tax in Bristol. You can pay in 12 monthly installments, but the payments can only begin at the start of the financial year, which runs from April to March.
If you are a registered provider of social housing and own or manage houses in multiple occupations, you may not need a licence.

Investment Property in Bristol

Before investing in a property in Bristol, 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 Bristol that you can look into & consider purchasing:

Area	Population	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue	Yields
City Centre	15,900	£359,749	£1,706	£2,914	Yields in the city centre (BS1 postcode) are around 3%.
Clifton	21,200	£474,950	£1,300	£2,601	Yields are tight at around 3% (based on BS8 postcode).
Northern Suburbs	134,000	£370,000-£500,000	£1,502	£2,010	These areas offer yields around 4% in BS7 and BS9, although BS6 could return 6-7%, particularly for a student let.

Source: Investment Properties in Bristol

Buy to Let in Bristol

If you are looking to start an Airbnb business in the UK, this is your go signal to do so! Bristol is an excellent investment because it is becoming one of the best cities in Europe with an immense growth rate. As the biggest centre in the south-west for retail & public administration, Bristol has a rising demand for property. The property prices may be above the average amount, however, it’s still much cheaper than London and other areas located in the southeast.

Rental Properties in Bristol

Buying a property in Bristol with an impressive rental yield is an excellent way to have a passive income. Bristol is also a major student city filled with shared student houses and buy-to-lets, so property investors are aiming to invest their hard-earned money. By looking at the following property investment websites such as Cornerstone and Maggs & Allen, you can get a grasp of the various prices in Bristol.

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!

Tags Airbnb Rules & Regulations, lat_51.4538022, lng_-2.5972985

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Is Property Investment Profitable in Bristol City Centre?

Profitable Properties for Sale in Bristol City Centre

Conclusion

What is Rental Arbitrage?

How much can I make with rental arbitrage in Bristol?

Profit & Monthly Expense in Bristol

Startup Cost in Bristol

Best Areas for Rental Arbitrage in Bristol

1. Bristol City Centre (BS1)

2. Clifton (BS8)

3. Easton (BS5)

Short-term rental regulations in Bristol

How to Find Landlords for Airbnb Rental Arbitrage

Search Engines & Marketplaces

Communicate with Landlords

Is Airbnb legal in Bristol?

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

Short-term rental policy in Bristol

Investment Property in Bristol

Buy to Let in Bristol

Rental Properties in Bristol

Conclusion

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