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· 1-bed Flat
📊 SA Market Rates —South West England
Area data forSouth West England — 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
- Period Victorian/Edwardian character with original architectural features
- Established residential neighborhood with street presence
- Terraced arrangement provides potential for multiple SA units
✗ Issues
- Extensive visible damp, mortar deterioration, and weathering on brick facade
- Worn entrance areas, degraded door frames, and poor external condition suggest interior neglect
- Boarded/covered windows indicate potential vacancy, abandonment, or serious structural issues
💰 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) | £840 |
| First month's rent | £840 |
| SA setup cost by room (South West rates) | |
| Kitchen | £500–£2,000 |
| Bathroom | £400–£1,500 |
| Living Room | £200–£900 |
| Master Bedroom | £500–£2,000 |
| Entrance Hall | £100–£200 |
| Furnishing & fit-out (est. median) | £3,960 |
| GuestReady onboarding (photography + listing) | £300 |
| Welcome pack & consumables | £100 |
| Total initial outlay | £6,040 |
Monthly Running Costs
| Rent to landlord | £840 |
| GuestReady management (15%) | £178 |
| Utilities (gas / electric / broadband) | £150 |
| Consumables & restocking | £50 |
| SA insurance uplift (est.) | £35 |
| Total monthly costs | £1,253 |
| Monthly profit | £68 |
| Break-even occupancy (managed): 76% | |
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% | £1,002 | £882 | +£42/mo |
| 70% | £1,168 | £1,028 | +£188/mo |
| 80% | £1,335 | £1,175 | +£335/mo |
| 90% | £1,502 | £1,322 | +£482/mo |
| 100% | £1,669 | £1,469 | +£629/mo |
SA nightly rate: £74 (South West England). Net figures use 12% platform fee.
📍 Location
🏗️ Urban Regeneration & Infrastructure
🌎 Area Profile — South West England ⓘ What are deciles?
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | JMT Wood Build | 07843 437933 | — |
| decorator | SC Decor: Exeter Painter and Decorator | Painter in Exeter, Devon | 07468 181762 | — |
| photographer | Fiona French: Exeter & Devon Newborn, Family & Wedding ... | 07735546021 | — |
🏘 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.
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