014 Derelict cottage conversion to holiday let

We turned a derelict cottage into a high-end holiday let — and the numbers might surprise you.

What we cover:

• Full acquisition breakdown (£543k purchase)

• Build cost reality (£430k+ SOW)

• Finance costs over 10–12 months

• Total project cost: £1.15m+

• Conservative vs expected exit scenarios

• 75% LTV refinance strategy

• £36k–£42k annual net profit projections

• 13.5% vs 29% yield explained

• What nearly went wrong

• Why design and positioning change everything

Our companies:

• ZEN Stays — £1.1m annual turnover through Serviced Accommodation & Property Management

• ZEN Properties — £1m+ assets with £500k own equity

• ZEN Properties Podcast — real conversations on building cashflow + wealth through UK real estate

Sponsorship:

• This episode is brought to you by ZEN Properties.

• We develop and convert property across the UK.

• Investors earn 11-15% annual, asset-backed.

• Find out more: zenproperties.uk 

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