NR postcode area short-term rental market

Building· 8 samplesNo STR licence required (yet)

85A

A · Exceptional

£32,078

Avg gross revenue / yr

£140

Average daily rate

66%

Occupancy

22.8%

Gross yield-on-cost

on ~£130,000 property value

Building· 8 samplesA reasonable sample — figures are firming up as more reports come in. As more Stayful analyser reports come in for this area, these figures will firm up.

Stayful score: 85/100 · A (Exceptional)

A transparent composite of four factors — we show our working. Higher is better.

Factor	What it measures	Points
Yield-on-cost	22.8% gross yield	40 / 40
Occupancy	66% occupancy	18.4 / 25
Revenue scale	£32,078/yr	11.4 / 20
Regulatory ease	No licence required	15 / 15

Short-let vs long-let

Short vs long-let: not enough data

We couldn’t fetch an area long-let comparator for NR postcode area, so the short-vs-long verdict isn’t available for this area yet.

By bedroom count

Beds	Samples	ADR	Occupancy	Gross rev	Property value
1	4	£125	65.3%	£28,454	£93,500–£126,500
2	2	£166	65.0%	£39,540	—
3	2	£144	67.0%	£31,864	£144,500–£195,500

Licensing & regulation

No STR licence required

No short-term-let-specific licence or registration currently applies in this area — normal letting rules only.

Heads-up: A national registration scheme (Levelling-Up & Regeneration Act 2023) is legislated but not yet live as of July 2026; a proposed C5 short-let use class has not yet come into force.

Sources: www.gov.uk · www.gov.uk

Last verified: 2026-07-18

Analyse a specific property in NR postcode area

These are area averages. To model a specific address — with its own comparables, risk profile and 12-month forecast — run it through the Stayful analyser.

Analyse an address

NR postcode area figures are averages from 8 Stayful analyser samples across the NR postcode area — indicative, not a guarantee of returns. Licensing is a general guide; confirm with the local authority before buying.