Looking for an investment property that you can Airbnb?

  • Posted on: 19 August 2016
  • By: Tim Deakin

Airbnb is one of the most iconic tech businesses of our generation – now rivalling the best hotels and bed and breakfast chains all over the world. Booking flights with no plans on where to stay would have been completely unheard of and considered extremely foolish just a few years ago. Nowadays, thanks to the rise of Airbnb there are rentals available in over 190 countries and 34,000 cities, making it easier than ever to travel spontaneously and safely.

 

Airbnb: A History

To put it in perspective, it is now so popular someone books a stay on the site every 2 seconds.

The site has grown vastly since its lowly beginnings back in 2007, with the business recently valued at a whopping 1.3 billion dollars. It did not start with a solid business plan and great investment as you would imagine. It started back in 2007 when founders, Joe Gebbia and Brian Chesky, then both 27, could not afford their rent. Having met five years earlier during their studies at Rhode Island School of Design, they decided to rent out their loft to three guests who were visiting San Francisco to attend a design conference. The next day they created the website, airbedandbreakfast.com, which became Airbnb a year later.

 

Why it is popular?

For those who do not know what Airbnb is, it is self described as ‘a trusted community marketplace for people to list, discover, and book unique accommodations around the world’. Simply put, the site allows its users to list or rent out a room in a home or an entire flat, cabin or even island.

 

Guests

The joy in Airbnb is its affordability, as guests pay one flat fee per night rather than per person it is perfect for multiple travellers. It also does not come with the service charges and price points charged by hotels. The best bit is the scope of beautiful homes available all over the world in beautiful cities and rural locations. More often than not experiencing someone’s home in this way gives you access to a full cultural experience you simply will not get staying in a hotel. Discussing your stay directly with your host online means you can benefit from their intimate knowledge of the area, finding out the best places to eat and visit, you cannot get from the travel guides.

 

Hosts

Similarly, the site is also incredibly beneficial for home owners wanting to rent out their home in an easy and flexible manner. Listing through the site gives hosts control who they let stay in their homes and also covers insurance too. With a £600,000 Host Guarantee protecting your belongings from accidental damage and Host Protection Insurance, hosts are well taken care of. Becoming a host also provides users with extra cash they can use to maintain the home they love or even fund their own travel. Renting out your own home whilst you travel essentially covers the cost of your holiday. What is not to like?

 

Why Axwell Park could be the perfect investment as well as a home?

Whether your job takes you away from home for days on end or you are looking for a getaway in the North East that you also want to monetise, the key to Airbnb is having a property that is a desirable place for guests to stay. And Axwell Park delivers that in spades. Stunning views, 35 acres of parkland to explore and award-winning Palladian design make these the perfect homes from home.

Should you rent out your home to tourists, they'll have everything they could wish for right on their doorste. Attractions such as Hadrian’s Wall, Kielder observatory and the many crumbling castles and fortifications dotted all over the North east of England are all within easy reach. Just 5 minutes drive from the A1 and within less than 1.5 miles from the Metrocentre, Axwell Park is as convenient as it is beautiful.

Want to find out more about Axwell Park? Contact the sales office today on 0191 499 0170 or sales@eightproperty.co.uk.