Airbnb is now such a popular way of making money from your home that estate agents are selling properties based on how well they might perform on the site.
‘A few years ago we didn’t tend to give out information on Airbnb income potential, but we do now. There’s a growing trend in buyers requesting outbuildings with the potential to be converted into annexes for Airbnb guests,’ says Edward Church, of Strutt & Parker estate agency.
‘People are drawn to quirky places. They appreciate design and style, and homes that stand out do best.’
In other words, the quirkier the better.
With Airbnb, you can rent out a bedroom and share your living space or let a self-contained area.
Richard Annette, 51, bought his two-bedroom end of terrace cottage in Bruton, Somerset, six years ago. Richard, who works in the events industry, is often away during the summer, so he lets it on Airbnb to supplement his income.
‘I try to provide plenty of information about the area and make the place homely and inviting. The company is always helpful if there’s a problem and guests have been respectful of my home,’ he says.
The cottage with garden, off-street parking and garage is for sale at £210,000 (R4,85 million).
Gillie and Nick Scherr, who are both 59, like the flexibility of Airbnb. It allows them to block out periods at short notice if they want to go away.
‘When the children left home, we decided to let out their bedrooms as we love having our house full of people,’ says Gillie.
More recently they have started letting their two-bedroom annexe.
‘People mostly come down here in the school holidays, so our annual income is about £4,500, (R87,000) well below the Rent a Room threshold,’ she says.
The six-bedroom house, Innisfree — a modern eco-friendly property they built 18 years ago overlooking the estuary at Newton Ferrers, Devon — is for sale at £1.6 million, (R31 million).