How Much Can I Earn from an Airbnb in Leamington Spa?
Last updated: April 2026
The honest answer to this question is more useful than the reassuring one — so that's what this page gives you.
This page is for landlords with a specific Leamington Spa property in mind who want a realistic income figure: not the ceiling, not a developer's projection, but the number they'd actually receive each month including the quieter ones.
The figures below are net — after Stayful's 15% + VAT management fee — drawn from enquiry data for comparable CV31, CV32 and CV34 properties.
The income estimate form at the bottom gives you a figure tailored to your specific postcode and bedroom count, which is more useful than any district-level average.
A two-bedroom property in CV31, Leamington Spa typically earns £2,045 net per month as a short let — against £1,056 on a long-term tenancy. A three-bedroom CV32 property typically earns £2,261 net. These figures are after Stayful's 15% + VAT management fee. Even in January, comparable properties have returned above long-term rental rates. The income estimate gives you figures for your specific address.
Net Monthly Income — Leamington Spa by Postcode and Bedroom Count
The table below uses data from Stayful's enquiry records for comparable properties in Leamington Spa postcodes.
All figures are net — after the 15% + VAT management fee — and include a worst-month figure alongside the monthly average.
| Property | Monthly avg (net) | Peak month | Worst month | vs Long-term let | Annual net |
|---|---|---|---|---|---|
| 2-bed — CV31 | £2,045 | ~£2,500 | £1,704 | +94% vs £1,056 LTR | £24,540 |
| 3-bed — CV32 | £2,261 | ~£2,763 | £1,884 | +71% vs £1,320 LTR | £27,132 |
| 2-bed — CV34 (Warwick) | £2,045 | ~£2,500 | £1,704 | +94% vs £1,056 LTR | £24,540 |
| All figures net after Stayful's 15% + VAT management fee. Based on enquiry data from comparable Leamington and Warwick properties. Not a guarantee of future income. | |||||
What the Net Figure Actually Means — Gross to Net
The income figures above are what lands in your bank account between the 1st and 5th of each month.
Here is exactly how the gross booking value becomes the net figure you receive.
Your Income Range — From Quietest Month to Peak
The chart below shows the income spectrum for a 2-bedroom CV31 property — from the January floor to the July/August peak, with the long-term tenancy equivalent shown for comparison.
What Affects How Much Your Specific Property Earns
The postcode-level figures above are the right starting point — but individual property results vary based on several factors that the income estimate accounts for.
Two-bedroom properties in CV31 show the highest percentage uplift over long-term renting — because LTR rates for 2-beds in Leamington are relatively low compared to what the short-let market pays for the same space.
Three-bedroom properties generate a higher absolute monthly income (£2,261 vs £2,045) because the nightly rate scales with bedroom count, but the percentage uplift over LTR is lower (71% vs 94%) because 3-bed long-term rents are proportionally higher in CV32.
For 1-bedroom properties, data from the broader Warwickshire dataset is needed — the income estimate will produce a figure for your specific address.
Town-centre CV32 properties within walking distance of The Parade command higher nightly rates from leisure tourists but have a softer winter floor.
CV31 Old Town properties have a stronger winter floor because contractor demand from Warwick Hospital and the University of Warwick provides year-round bookings that don't depend on the leisure calendar.
Properties within 5 miles of Warwick Racecourse benefit from the 30+ race meetings per year running May to November — a consistent series of demand spikes that flat-rate listings consistently underprice.
The best areas for Airbnb in Leamington Spa page covers the postcode breakdown in more detail.
Photography quality and furnishing standard are the most direct controllable variables after location and bedroom count.
Properties with professional photography, a dedicated workspace and blackout blinds consistently achieve higher occupancy from contractor guests — the segment that books further in advance and stays 1–4 weeks rather than 2–3 nights.
The investment to reach this standard for a typical CV31 2-bedroom property is modest — the income estimate shows whether the incremental income from the contractor segment justifies the outlay for your specific property.
The figures in this page reflect Stayful-managed performance — which consistently achieves 65–70% occupancy against a market average of 55%, driven by daily dynamic pricing and the 40% direct booking channel.
A self-managed Airbnb-only listing for the same Leamington property would typically achieve lower occupancy and miss the contractor and corporate guest segments that don't book through consumer platforms.
Whether the net income under management (after the 15% + VAT fee) exceeds what you'd earn self-managing depends on your current or projected occupancy rate — the income estimate models this comparison for your specific address.
The Honest Worst-Case Figure
The worst case for a Leamington Spa short let is not a bad year — it's every month performing at January's rate.
per year is the worst-case annual net for a 2-bed CV31 property — calculated by applying the January floor rate (£1,704) to all 12 months. The long-term tenancy equivalent is £12,672 per year. Even the absolute worst case from short letting exceeds the long-term tenancy income by £7,776 per year.
Why the floor holdsJanuary is Leamington's softest leisure month — but contractor demand from Warwick Hospital locums and University of Warwick visiting staff continues year-round, providing a booking floor that prevents occupancy from falling to zero even in the quietest period.
What would need to happenFor income to fall below the long-term tenancy equivalent, Stayful's occupancy and pricing expertise and the entire direct booking channel would both need to fail simultaneously — a scenario that is structurally unlikely given that the two systems operate independently.
The honest positionNo short-let provider can guarantee a specific monthly income — including Stayful. What the figures above show is the realistic range for comparable properties, anchored by an actual January floor from enquiry data rather than a modelled worst case.
Questions About Airbnb Income in Leamington Spa
A 2-bedroom property in CV31 typically earns £2,045 net per month as a managed short let — £24,540 per year.
The peak monthly figure is approximately £2,500 in July and August; the quietest month (January) returns around £1,704 net.
All figures are after Stayful's 15% + VAT management fee and based on enquiry data from comparable CV31 properties — they are not a guarantee.
The income estimate gives you a figure tailored to your specific address and bedroom count.
All figures on this page are net — after Stayful's 15% + VAT management fee has been deducted.
Cleaning costs are paid by guests separately and do not reduce the net income you receive — they are passed to guests at cost with no markup.
The comparison to long-term tenancy income is therefore like-for-like: both figures represent what you'd receive each month.
January is Leamington's quietest short-let month — and based on enquiry data from comparable CV31 properties, a 2-bed nets around £1,704 in January.
That figure is £648 per month more than the same property would earn on a long-term tenancy (£1,056).
For a 3-bed CV32 property, the January floor is approximately £1,884 — against a long-term tenancy rate of £1,320.
The winter floor holds because contractor demand from Warwick Hospital, University of Warwick visiting staff and the Stoneleigh Park January LAMMA show provides year-round occupancy that doesn't depend on the leisure calendar.
For a 2-bed CV31 property, short letting averages £2,045 net per month against a long-term tenancy of £1,056 — a difference of £989 per month or £11,868 per year.
Even in January, the worst month, short letting returns £648 more per month than the long-term equivalent.
The 2025 FHL tax changes removed some advantages that previously existed — capital allowances and the lower CGT rate on sale — which narrows the after-tax gap for some landlords.
Whether short letting is better for your specific situation depends on your mortgage type, tax position and whether the income floor meets your requirements — the income estimate addresses the income side; a tax adviser addresses the rest.
Self-managing saves the 15% + VAT fee on gross bookings — but typically produces lower occupancy than professionally managed properties, because self-managed listings use static or infrequently-updated pricing and are limited to Airbnb-only distribution.
Stayful's managed properties achieve 65–70% occupancy against a market average of 55% — the 10–15% occupancy advantage largely offsets the management fee for most properties.
The direct booking channel adds a further dimension: 40% of Stayful bookings come through a channel a self-managed property wouldn't have access to — including the contractor and corporate guest segments that book outside Airbnb entirely.
For some landlords — particularly those already self-managing with high occupancy on Airbnb — the net benefit of switching may be modest. The income estimate models this comparison for your specific situation.
Warwickshire's conservative short-let uplift range is 71–94% across the county — and the Leamington Spa figures sit at exactly that range (94% for 2-beds, 71% for 3-beds).
CV34 in Warwick performs at the same income level as CV31 in Leamington for comparable bedroom counts — both benefit from racecourse, hospital and heritage tourism demand.
County-wide figures for Warwickshire are available on the Warwickshire income page — which covers a broader range of postcodes across the county.
Still working out whether the numbers stack up for your property? Run the income estimate for your specific postcode, or speak to Stayful directly.
Related Pages — Leamington Spa and Warwickshire
Get the Specific Figure for Your Leamington Spa Property
The income estimate shows you net monthly income for your postcode and bedroom count — including what the quietest months look like. Not a best-case projection.