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· 2-bed Flat
📊 SA Market Rates —Yorkshire
Area data forYorkshire — 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
- Modern black kitchen with integrated appliances and breakfast bar
- Contemporary bathrooms with quality fixtures and rainfall showers
- Wooden flooring throughout main living area, carpet in bedrooms
✗ Issues
- Unfurnished - requires complete furnishing investment for guest comfort
- Sparse styling and decorative elements, feels cold and unwelcoming
- No visible bedroom furniture or soft furnishings in photos
💰 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) | £1,690 |
| First month's rent | £1,690 |
| SA setup cost by room (Yorkshire and The Humber rates) | |
| Kitchen | £400–£1,700 |
| Bathroom | £300–£1,200 |
| Living Room | £200–£700 |
| Master Bedroom | £200–£800 |
| Bedroom 2 | £200–£800 |
| Entrance Hall | £0–£200 |
| Furnishing & fit-out (est. median) | £3,240 |
| GuestReady onboarding (photography + listing) | £300 |
| Welcome pack & consumables | £100 |
| Total initial outlay | £7,020 |
Monthly Running Costs
| Rent to landlord | £1,690 |
| GuestReady management (15%) | £1,783 |
| Utilities (gas / electric / broadband) | £185 |
| Consumables & restocking | £50 |
| SA insurance uplift (est.) | £35 |
| Total monthly costs | £3,743 |
| Monthly profit | +£8,143 |
| Break-even occupancy (managed): 14% | |
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% | £10,188 | £8,965 | +£7,275/mo |
| 70% | £11,886 | £10,460 | +£8,770/mo |
| 80% | £13,584 | £11,954 | +£10,264/mo |
| 90% | £15,281 | £13,447 | +£11,757/mo |
| 100% | £16,979 | £14,942 | +£13,252/mo |
SA nightly rate: £566 (Yorkshire). Net figures use 12% platform fee.
📍 Location
🏗️ Urban Regeneration & Infrastructure
🌎 Area Profile — Yorkshire ⓘ What are deciles?
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | Builder in York | High Spec Extensions & Alterations | 01904 593544 | — |
| decorator | Painter & Decorators York - York Decorator | 01904 626920 | — |
| photographer | Sarah Burton Photography | 07822 010126 | — |
🏘 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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