CENTRAL LONDON · WC2

Airbnb & Short-Let Management in
Covent Garden

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

Studio
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Cobbled Covent Garden street with brick warehouses and the Stanfords map shop
+40%
avg. revenue uplift

vs long-let

THE Covent Garden SHORT-LET MARKET

What demand actually looks like in WC2

3.8

Avg. guest stay (nights)

68%

International guests

18%

Business travellers

95%

Weekend occupancy

80%

Weekday occupancy

Apr–Aug

& December

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

Why Covent Garden earns more

Covent Garden sits at the intersection of London's tourism, theatre and shopping markets, making it one of the most consistently booked postcodes in the capital.

Guests come from across the world to be within walking distance of the Royal Opera House, the West End, and the piazza — and they stay longer than the average London visitor because there's so much on the doorstep.

Close-up of a cream sofa with a patterned cushion beside red flowers in a vase

Covent Garden market overview

Average daily rate

£175 – £260

Avg. occupancy rate

85 – 90%

Up to, vs long-let

40%

Best months

Apr
Jul
Aug
Dec

Key demand drivers

West End theatres, Soho House clubs, media & film industry (Wardour Street), nightlife, Carnaby Street

Typical property

Period conversions, mansion block flats, boutique apartments

CENTRAL LONDON · WC2

What makes Covent Garden different

Theatre and opera visitors

The Royal Opera House and surrounding West End venues draw guests who book weeks ahead, stay 2–5 nights, and want a well-managed base within walking distance of the show. These are often couples and international visitors spending on quality.

Red and gold Royal Opera House auditorium filled with an audience before a show

Year-round tourism

Covent Garden's piazza, street performers, boutique shops and restaurant scene keep leisure demand high in every season, with particular spikes in summer and at Christmas.

Covent Garden Market hall with green iron arches, glass roof and shoppers

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

Live in days, not weeks.

Get your estimate. Book a call when you're ready. We handle everything from there.

Smiling Staymo team member holding a tablet in front of the Staymo logo
01

First call

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

Camera on a tripod photographing a modern short-let kitchen

Property setup

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.

02
Father playing with his young son on a yellow beanbag at home

Start earning

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

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03

COMPLIANCE

What Covent Garden landlords need to know

Regulations in Covent Garden fall under Westminster City Council and the standard Greater London short-let framework. We handle the detail. Here's what matters.

Greater London

90

nights per
calendar year

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.

Nearby areas we manage

FREQUENTLY ASKED QUESTIONS

The detail, upfront

How much can my Covent Garden property earn on Airbnb?

-
+

A well-presented 1-bed in Covent Garden typically earns £2,600–£4,000/month gross. Theatre and tourist demand keeps occupancy extremely high throughout the year.

Is short-term letting allowed in Covent Garden?

-
+

Yes. Covent Garden falls under the Greater London 90-night rule — you can let your entire home for up to 90 nights per year without planning permission. Beyond that, apply to Westminster City Council for change of use. Staymo tracks your nights and keeps you 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 Covent Garden property should be working harder.

Find out exactly what your WC2 property could earn. Get a free, no-obligation estimate in minutes — or book a 15-minute call with our team and we'll walk you through everything.

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Book a call
•  4.8 on Trustpilot• From 15% commission•  Live in ~3 days