Introduction
Investing in short-term rentals can be highly profitable, but location is key to maximizing returns. This post highlights some of the best areas in England for short-term let yields, based on recent data and market trends.
1. London
London remains a top destination for short-term rentals due to its global appeal. The city attracts millions of tourists and business travelers annually, ensuring high demand for accommodation. According to GuestReady, short-term rentals in London can achieve up to 30% higher yields compared to long-term tenancies (GuestReady). Popular areas include Central London, Camden, and Kensington.
2. Brighton
Brighton is known for its vibrant culture, seaside attractions, and annual events, making it a hotspot for short-term rentals. The city’s popularity among tourists and students contributes to high occupancy rates. Data from 53 Degrees Property indicates that properties in Brighton often experience strong demand, especially during peak tourist seasons (53 Degrees Property).
3. Manchester
Manchester’s growth as a business and cultural hub has boosted its short-term rental market. The city’s dynamic economy and numerous events attract a diverse range of visitors. Houst’s analysis shows that Manchester properties can benefit from high occupancy rates and competitive rental yields (Houst).
4. Edinburgh
While not in England, Edinburgh’s proximity and appeal make it worth mentioning. The city’s historic charm and annual festivals draw significant tourist traffic. Short-term rentals in Edinburgh often achieve high yields, particularly during major events like the Edinburgh Festival Fringe.
5. Cambridge
Cambridge’s reputation as a leading university city makes it an attractive location for short-term lets. The steady influx of students, academics, and tourists ensures a constant demand for accommodation. GuestReady reports that properties near the university and city center are particularly lucrative (GuestReady).
Conclusion
Choosing the right location is crucial for maximizing short-term rental yields. London, Brighton, Manchester, and Cambridge are among the best areas in England for short-term lets, offering strong demand and high rental income potential. By investing in these regions, property owners can capitalize on the thriving short-term rental market and achieve impressive returns.
