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· 1-bed Flat
📊 SA Market Rates —East Midlands
Area data forEast Midlands — actual results vary by property, management quality, and season.
🏠 SA Readiness Score
✓ Strengths
- Complete furnishings including kitchen appliances, washer/dryer, and living essentials
- Clean, well-maintained spaces with good natural light throughout
- Functional layout with separate sleeping, living, and utility areas
✗ Issues
- Dated kitchen cabinetry and fixtures need modernization for contemporary appeal
- Several pieces of furniture show wear; refresh would improve guest perception
- Bathroom and decor styling appears basic; upgrade would justify higher nightly rates
💰 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) | £740 |
| First month's rent | £740 |
| SA setup cost by room (East Midlands rates) | |
| Kitchen | £400–£1,700 |
| Bathroom | £300–£1,300 |
| Living Room | £200–£800 |
| Master Bedroom | £400–£1,700 |
| Entrance Hall | £0–£200 |
| Furnishing & fit-out (est. median) | £3,420 |
| GuestReady onboarding (photography + listing) | £300 |
| Welcome pack & consumables | £100 |
| Total initial outlay | £5,300 |
Monthly Running Costs
| Rent to landlord | £740 |
| GuestReady management (15%) | £165 |
| Utilities (gas / electric / broadband) | £150 |
| Consumables & restocking | £50 |
| SA insurance uplift (est.) | £35 |
| Total monthly costs | £1,140 |
| Monthly profit | £37 |
| Break-even occupancy (managed): 42% | |
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% | £1,655 | £1,456 | +£716/mo |
| 70% | £1,931 | £1,699 | +£959/mo |
| 80% | £2,207 | £1,942 | +£1,202/mo |
| 90% | £2,483 | £2,185 | +£1,445/mo |
| 100% | £2,758 | £2,427 | +£1,687/mo |
SA nightly rate: £123 (East Midlands). Net figures use 12% platform fee.
📍 Location
🏗️ Urban Regeneration & Infrastructure
🌎 Area Profile — East Midlands ⓘ What are deciles?
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | Brooks Builders | Restoring the past, building the future | 07715 895 096 | — |
| decorator | Paul Dixon - Painter and Decorator in Lincoln | 01522 871472 | — |
| photographer | Natural Expressions Photography | 07818 436706 | — |
🏘 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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