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· 2-bed Flat
📊 SA Market Rates —Yorkshire
Area data forYorkshire — actual results vary by property, management quality, and season.
🏠 SA Readiness Score
✓ Strengths
- Bold geometric wall art and contemporary design appeals to Instagram-savvy guests
- Fully furnished with quality bedding, lamps, and modern amenities throughout
- Open-plan living with integrated kitchen, dining, and lounge areas
✗ Issues
- Kitchen shows signs of active use and could benefit from professional cleaning
- Limited storage and compact bedroom space may concern some guests
- White walls with geometric patterns 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) | £1,000 |
| First month's rent | £1,000 |
| 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 | £5,640 |
Monthly Running Costs
| Rent to landlord | £1,000 |
| GuestReady management (15%) | £576 |
| Utilities (gas / electric / broadband) | £185 |
| Consumables & restocking | £50 |
| SA insurance uplift (est.) | £35 |
| Total monthly costs | £1,846 |
| Monthly profit | +£1,991 |
| 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% | £6,615 | £5,821 | +£4,821/mo |
| 70% | £7,718 | £6,792 | +£5,792/mo |
| 80% | £8,820 | £7,762 | +£6,762/mo |
| 90% | £9,923 | £8,732 | +£7,732/mo |
| 100% | £11,026 | £9,703 | +£8,703/mo |
SA nightly rate: £368 (Yorkshire). Net figures use 12% platform fee.
📍 Location
🏗️ Urban Regeneration & Infrastructure
🌎 Area Profile — Yorkshire ⓘ What are deciles?
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | Building Contractor in Hull, House Extensions in Hull | 01482 714 371 | — |
| decorator | Painting and decorating from Mike Walker Painter & Decorator in Hull | 07792 262 861 | — |
| photographer | Darryl Brooks Photography | 07762 484541 | — |
🏘 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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