High end Serviced Accommodation Investment

Targeting the professional contractor market at Hinkley Point C and other local large Infrastructure developments.

Property overview:
- Main House: 6 rentable rooms Inc Annex.
- Log Cabin: Already has water and electric; only needs a shower install and change of use approval.
- Land: ~25,000 sqft, suitable for potential future development (e.g., 10 glamping pods or similar).
- Projected and current Income: The property is currently being used as contractor short term self catering accommodation and has committed bookings in place.

Main House (Serviced Accommodation) :
- £5,100 per month currently
- £61,200 per year

Log Cabin (Contractor Let) – £1,000 per month (post shower install & change of use):
- £12,000 additional per year
- Glamping (Future Option – 10 units) (at approx 85% occupancy)
- Based on £10k each for 2nd-hand units (new units typically £40k+).
- Rented mainly to contractors (2 sharers @ £200 each/week = £400 per unit/week).
- Summer Airbnb potential (Burnham example: £120/night).
- Estimated blended annual gross for 10 units: ~£180,000 (future potential only, not part of near-term plan).
- Compliance & Approvals

Serviced Accommodation:
- Interlinked smoke & heat alarms fitted.
- Fire doors installed.

Log Cabin:
- Shower install cost ~£2–3k.
- Change of use likely straightforward as council has been approving Hinkley-related accommodation quickly to meet demand.

The land to the rear extends to approximately 0.7 acres (approx 25,000 sq ft), the info we have regarding lodges/pods that could go on there is as follows from the vendor:
- The space required for 10 glamping pods or similar on current planning is 12,000 sqft to get them in a 5 x 2 configuration.
- This gives option for vehicle parking at the top of the garden or indeed space for more statics & parking.

The financials:
▪ Rental price: £1,750
▪ Annual profit: £24,336
▪ Annual rent: £61,200
▪ ROCE: 11%
▪ Yield: 9%

Sourced reference: 275128891849136