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· 2-bed Flat
📊 SA Market Rates —East Midlands
Area data forEast Midlands — actual results vary by property, management quality, and season.
🏠 SA Readiness Score
✓ Strengths
- Contemporary furnishings and decor throughout all spaces
- High-quality fixtures, kitchen appliances, and bathroom suite
- Bright, spacious living areas with large windows and city views
✗ Issues
- Limited outdoor space; small balcony area shown in one photo
- Minimal bedroom storage with only one wardrobe in some rooms
- Some wall art and decor choices may feel dated within 2-3 years
💰 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) | £1,090 |
| First month's rent | £1,090 |
| Furnishing & fit-out | £2,500 |
| GuestReady onboarding (photography + listing) | £300 |
| Welcome pack & consumables | £100 |
| Total initial outlay | £5,080 |
Monthly Running Costs
| Rent to landlord | £1,090 |
| GuestReady management (15%) | £221 |
| Utilities (gas / electric / broadband) | £185 |
| Consumables & restocking | £50 |
| SA insurance uplift (est.) | £35 |
| Total monthly costs | £1,581 |
| Monthly profit | £110 |
| Break-even occupancy (managed): 44% | |
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% | £2,207 | £1,942 | +£852/mo |
| 70% | £2,575 | £2,266 | +£1,176/mo |
| 80% | £2,942 | £2,589 | +£1,499/mo |
| 90% | £3,310 | £2,913 | +£1,823/mo |
| 100% | £3,678 | £3,237 | +£2,147/mo |
SA nightly rate: £123 (East Midlands). Net figures use 12% platform fee.
📍 Location
🏗️ Urban Regeneration & Infrastructure
🌎 Area Profile — East Midlands ⓘ What are deciles?
🛋️ SA Setup Cost Estimate
Estimated · East Midlands rates
| Room / Area | Setup Cost Range |
|---|---|
| Kitchen | £400–£1,700 |
| Bathroom | £300–£1,300 |
| Living Room | £200–£800 |
| Master Bedroom | £200–£900 |
| Bedroom 2 | £200–£900 |
| Entrance Hall | £0–£200 |
| Total Est. SA Setup Cost | £1,425–£5,700 |
⚠ SA setup cost covers furnishing, appliances, linen, welcome kit, and photography. Does not include full structural refurb. Obtain quotes before committing.
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | Absolute Builders Ltd: Nottingham Builders | 01158 967 485 | — |
| decorator | Painting & Decorating | Painting and Decorating Nottingham | +44 7568746845 | — |
| photographer | Nottingham Wedding Photographer | Alison Edwards | 07977 499473 | — |
🏘 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.