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
Location
The area is proven on Air BnB and has long established hosts and listings.
Separate living room
Guests would have use of a separate living room.
Broadband
Guest have access to broadband and TV
General finish
Compared to the other properties on offer in the area some furniture and items could be updated.
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