Ryan owns a dwelling house which he lets to a tenant. Rent is payable monthly in advance on the first day of each month.

The rent was £600 per month until 1 January 2024, when it was increased to £650. All rent due during 2023-24 was paid by the tenant on the due date except that the rent due on 1 April 2024 was not paid until 7 April 2024.

Ryan spent £1,130 on property repairs in 2023-24 and he paid mortgage interest of £3,200. Compute his property income for the year (assuming no election for the accruals basis).