Oh I do like to be beside the seaside

June 24, 2016

If you’re looking for a slightly different kind of property investment, you could do worse than the typical British beach hut!

A relic left over from the Victorian era, they are as much a part of a visit to the seaside as ice-cream, donkey rides and of course, the odd rain shower. 

Popularity seems to be growing for these miniature seaside dwellings. A development of new beach huts just nearing completion on the side of a cliff in Torquay, Devon consists of six huts, each costing in excess of 2 million pounds to build. The interior features a mezzanine floor with a king size bed with porthole window sea views, a spacious lounge and even en-suite facilities. It’s a far cry from the Victorian original, a stay in one of these luxury beach huts will set you back £375 a night.

It seems that we just can’t resist these cute little huts! A row of eight wooden beach huts on a remote sandbank on Mudeford in Christchurch went on the market last summer for £200,000 each, despite having no running water, toilets or mains electricity. The 15-foot by 10-foot timber chalets were up for sale for a combined £1.6million, which means they cost a whopping £1,333 per square foot.

If, however, this is a little out of budget, you can still experience the atmosphere of the humble beach hut by renting one out for a week or two. Prices typically start at around £50 a week out of season right up to £1,250 for a hut in peak season in prime locations.

Think you know the value of seaside real estate around the country? Test your valuation skills below with our fun 2 minute quiz.

Channel 4’s property show Location,location,location even have a ‘Beach Hut of The Year’ competition where you can vote for your favourite. To have a look at the best beach huts Britain has to offer, or if you fancy casting a vote yourself, click here to view the final 10. Hurry though, voting closes on 12th July at 3pm!

If you’re looking for a more standard Buy to Let opportunity, check out our list of investment properties on the Northwood website or contact one of our local offices for expert advice.

 

Northwood is one of the largest and most recognised estate agents in the U.K. and the leading supplier of Guaranteed Rent to give landlords complete peace of mind.

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