2 Bed Flat, St Mary's, EH1
EH1 1SU · 2-bed Flat
📊 SA Market Rates —EH1 1
Area data forEH1 1 — actual results vary by property, management quality, and season.
🏠 SA Readiness Score
✓ Strengths
- Charming historic stonework building with distinctive character
- Fully furnished with quality contemporary decor and appliances
- Spacious bedrooms and multiple living areas with good lighting
✗ Issues
- Historic property may require ongoing maintenance of period features
- Limited information on bathroom facilities and condition
- Older building may have accessibility limitations for mobility-impaired guests
💰 SA Setup & Running Costs
Based on GuestReady full management at 15% of SA gross. Monthly profit shown above is after all costs below.
Initial Outlay
| Security deposit (1 month) | £1,800 |
| First month's rent | £1,800 |
| Furnishing & fit-out | £2,500 |
| GuestReady onboarding (photography + listing) | £300 |
| Welcome pack & consumables | £100 |
| Total initial outlay | £6,500 |
Monthly Running Costs
| Rent to landlord | £1,800 |
| GuestReady management (15%) | £756 |
| Utilities (gas / electric / broadband) | £185 |
| Consumables & restocking | £50 |
| SA insurance uplift (est.) | £35 |
| Total monthly costs | £2,826 |
| Monthly profit | +£2,217 |
| Break-even occupancy (managed): 40% | |
All figures are estimates. Utilities scaled by bedroom count. GuestReady fee from 15% — actual rate varies by location. Insurance estimate ~£420/yr SA-specific uplift. Learn about GuestReady →
📊 Occupancy Sensitivity
Cashflow at different occupancy rates — how the spread changes if bookings are lighter or stronger.
| Occupancy | Gross/mo | Net/mo | Cashflow/mo |
|---|---|---|---|
| 60% | £3,690 | £3,247 | +£1,447/mo |
| 70% | £4,305 | £3,788 | +£1,988/mo |
| 80% | £4,920 | £4,330 | +£2,530/mo |
| 90% | £5,535 | £4,871 | +£3,071/mo |
| 100% | £6,150 | £5,412 | +£3,612/mo |
SA nightly rate: £205 (EH1 1). Net figures use 12% platform fee.
📍 Location
🏗️ Urban Regeneration & Infrastructure
🏘 Property Details
Before subletting or operating a short-term let from any rental property, you must obtain written permission from your landlord and check the terms of your tenancy agreement. Subletting without permission may breach your tenancy agreement and, in some cases, may be unlawful. This analysis is for informational purposes only and does not constitute legal or financial advice. You are solely responsible for ensuring all activity complies with your tenancy agreement, local planning rules, and applicable law.