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30 Milton Street

Air BnB setup parameters

Direct competitors on and around Milton Street Edinburgh.

Average Per Night

Average Per Night

Average Per Night

Property photos and potential earnings

The property is in a highly competitive area of Edinburgh with multiple long standing Air BnB hosts. The map below shows the general distribution in the area with purple being full time hosts.

The 3 listings above show the general finish of a successful Air BnB property with solid reviews and consistent bookings located within the General area.

Air BnB suggested pricing

Low season

Mid season

High season

Average price

Service chargers for management 

%

Mid season

Cleaning/Laundry

N

Location

The area is proven on Air BnB and has long established hosts and listings.

N

Separate living room

Guests would have use of a separate living room.

N

Broadband

Guest have access to broadband and TV

M

General finish

Compared to the other properties on offer in the area some furniture and items could be updated.

M

Parking

The lack of parking may put some potential customers off.

Recomendations

Without doing any updates to the property in its current format the best to to launch the listing would be May-June 2020.

October – April most hosts in Edinburgh are pricing very competitively as demand falls sharply.

If changes were made more in line with what competitor have on offer in the area. Look to launch asap to catch visitors for December.

Summary

  • In current format look to lunch May-June 2020
  • With some updates look to launch asap