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THE CITY · EC2R / EC3V

Airbnb & Short-Let Management
Bank

Maximise your rental income with fully managed short- and mid-term lets.

Studio
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Bank
40%
avg. revenue uplift

vs long-let

THE BANK SHORT-LET MARKET

What demand actually looks like in EC2R / EC3V

6.0

Avg. guest stay (nights)

58%

International guests

58%

Business travellers

82%

Weekend occupancy

90%

Weekday occupancy

Jan–June

& Sept–Nov

Figures based on Staymo-managed portfolio and market data. Performance varies by property size, specification and exact location within the postcode.

Why Bank earns more

Bank is the one central London market that barely notices the tourist calendar. Investment banks, insurers, law firms and asset managers sit within a few streets of the junction, and they move people constantly: secondments, audits, integration projects, training cohorts. That demand is booked by companies rather than individuals, which makes it long, early and largely indifferent to price.

Bank market overview

Bank market overview

Average daily rate

£240 – £450

Avg. occupancy rate

86 – 92%

Best months

January – June, September – November, reporting season

Key demand drivers

Bank of England, Cornhill and Threadneedle Street, Royal Exchange, Moorgate and Liverpool Street, Cannon Street, St Paul's

Typical property

Converted office buildings, modern apartments, concierge developments

Uplift vs long-let

Up to
40%

THE CITY · EC2R / EC3V

What makes Bank different

Companies book, not tourists

Most bookings here come through employers or relocation agents rather than a guest browsing photographs. They arrive with fixed dates, a budget signed off in advance and a strong preference for the same apartment next quarter, which makes revenue unusually predictable.

Companies book, not tourists

STAYMO IN NUMBERS

40%

Average revenue uplift for owners who switch to managed short-let

85.3 %

Average occupancy across our managed London portfolio

£70M+

Earned for London property owners to date

Weekdays carry the week

This is one of the few London postcodes where Monday to Thursday outperforms the weekend. Pricing has to be built around that inversion: premium midweek, aggressive on Friday and Saturday, and mid-term bookings used to bridge the quiet nights.

Weekdays carry the week

HOW IT WORKS

Live in days, not weeks.

1
First call

First call

15 minutes

We review your property, walk through your earning potential, check compliance, and map out a clear plan. No commitment required.

2
Property setup

Property setup

~3 days

Professional photography, listing creation across every major platform, and a pricing strategy built specifically for this area. You hand over the keys. We do the rest.

3
Start earning

Start earning

+41% avg. revenue uplift

Every booking managed, every guest vetted, every turnover handled. Your income lands in your account monthly. Your dashboard shows everything in real time.

COMPLIANCE

What Bank landlords need to know

Regulations in Bank fall under the City of London and the standard Greater London short-let framework. We handle the detail — here's what matters.

THE 90-NIGHT RULE

Under the Deregulation Act 2015 you can let your entire home short-term for up to 90 nights per calendar year without planning permission. Beyond that, you'd apply to your council for a change of use. Staymo tracks your nights and keeps you informed.

Leasehold & freeholder rules

Many properties here are leasehold. Check your lease before proceeding — some restrict short-term letting or require freeholder consent. We'll help you understand exactly what to look for during your first call.

Safety requirements

A Gas Safety Certificate (annual), an Electrical Installation Condition Report (EICR), and working smoke & carbon monoxide alarms. We confirm what's in place during your property assessment.

Tax & income reporting

Income from short-letting must be declared to HMRC via Self Assessment. You may be eligible for the property income allowance or Rent a Room relief — worth discussing with your accountant.

HOW IT WORKS

The detail, upfront

How much can my Bank property earn on Airbnb?

-
+
A well-presented one-bedroom apartment near Bank typically earns £3,800–£6,500 gross per month, depending on specification and building services. Flats with a dedicated workspace, fast broadband and secure access take the strongest corporate rates.

Is short-term letting allowed in Bank?

-
+
Yes. Bank sits within the City of London and follows London's standard 90-night rule for entire-home short-term lettings. Beyond 90 nights per calendar year, planning consent may be required. Staymo tracks your nights and keeps the calendar compliant.

How quickly can you get my property live?

-
+

Once we have keys, photos and basic safety documentation in place, your property is typically live within 3 days.

What platforms will my property be listed on?

-
+

Airbnb, Booking.com, Vrbo, and additional platforms based on your property type. All bookings flow into one central calendar visible in your owner dashboard in real time.

How does payment work?

-
+

We collect guest payments and transfer your monthly income directly to your nominated bank account. Full revenue, occupancy and booking breakdowns are available in your owner dashboard.

Your Bank property should be working harder.

Find out exactly what your EC2R / EC3V property could earn. Get a free, no-obligation estimate in minutes — or book a 15-minute call and we'll walk you through everything.

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