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· 4-bed Not Specified
📊 SA Market Rates —East Midlands
Area data forEast Midlands — actual results vary by property, management quality, and season.
Converting this property to short-term letting (SA) will likely require planning permission under the local Article 4 Direction. Confirm with the local planning authority before proceeding.
🏠 SA Readiness Score
✓ Strengths
- Contemporary design with striking blue accent wall and quality finishes throughout
- Well-equipped kitchen with integrated appliances and dining area suitable for guests
- Bright, spacious living areas with natural light and comfortable furnishings
✗ Issues
- Bedroom appears small/compact, may limit appeal for longer stays or couples
- Limited storage visible in living spaces could feel cluttered with guest belongings
- Single bedroom property limits guest capacity and market appeal
💰 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) | £429 |
| First month's rent | £429 |
| SA setup cost by room (East Midlands rates) | |
| Kitchen | £400–£1,700 |
| Bathroom | £300–£1,300 |
| Living Room | £200–£800 |
| Master Bedroom | £100–£400 |
| Bedroom 2 | £100–£400 |
| Bedroom 3 | £100–£400 |
| Bedroom 4 | £100–£400 |
| Entrance Hall | £0–£200 |
| Furnishing & fit-out (est. median) | £3,420 |
| GuestReady onboarding (photography + listing) | £300 |
| Welcome pack & consumables | £100 |
| Total initial outlay | £4,678 |
Monthly Running Costs
| Rent to landlord | £429 |
| GuestReady management (15%) | £342 |
| Utilities (gas / electric / broadband) | £220 |
| Consumables & restocking | £50 |
| SA insurance uplift (est.) | £35 |
| Total monthly costs | £1,076 |
| Monthly profit | +£1,204 |
| Break-even occupancy (managed): 15% | |
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. Setup cost covers furnishing, appliances, linen, welcome kit, and photography — excludes structural refurb; obtain quotes before committing. 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% | £3,421 | £3,010 | +£2,581/mo |
| 70% | £3,991 | £3,512 | +£3,083/mo |
| 80% | £4,561 | £4,014 | +£3,585/mo |
| 90% | £5,131 | £4,515 | +£4,086/mo |
| 100% | £5,701 | £5,017 | +£4,588/mo |
SA nightly rate: £123 (East Midlands). Net figures use 12% platform fee.
📍 Location
🏗️ Urban Regeneration & Infrastructure
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | Builders in Leicester | Renovations, New Homes, Construction | 07795 322 737 | — |
| decorator | Painters and Decorators Leicester | Commercial & Domestic | 0116 4785346 | — |
| photographer | ZigZag Photography Leicester | 0116 2700995 | — |
🏘 Property Details
📝 Description
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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.
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