PL1 — Property Investment Data

Short-term rental data · Last updated: Dec 2026 · 26 listings sampled

PL1 covers Plymouth city centre and the immediate surrounding areas, positioning it as one of the South West's principal urban short-let markets. The sector benefits from consistent visitor demand driven by Plymouth's status as a major tourist destination, its university presence, and business travel linked to the naval dockyard and wider regional employment. With 159 active Airbnb listings sampled in the sector, the market demonstrates meaningful scale and established supply-side infrastructure.

Current market conditions show a nightly rate of £122 averaging across listings, with occupancy running at approximately 60 per cent. This translates to estimated monthly short-let revenue of £2206 per listing. These figures reflect a functioning but moderately performing market. The 60 per cent occupancy rate sits below the 65-70 per cent threshold often considered optimal for short-let viability, suggesting that while demand exists, competitive pressures and seasonal variance are material considerations for potential investors.

PL1 presents a mixed proposition. The urban location and established tourism infrastructure provide a stable demand foundation, making it less volatile than peripheral markets. However, investors should carefully assess individual property specifications and positioning within the sector, as moderate occupancy rates mean acquisition costs and operational efficiency are critical to achieving target returns.

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