2k plus £40/mth! WTF? That's crazy!
Over three years that's £3,500, or £100/ mth!
For that cost:
Mountian bike £500
Road Bike £500
Decent Biking Gear £200
Strava £Free
Turbo Trainer £200
Gym membership £30/mth (Bannatynes)
So that's, £1,400, plus £1,080 = £2,480
Leaves you 1k so spend on a holiday or spinning classes or whatever.