Home PropertyBeach hut rental premiums top Kensington and Chelsea for average monthly cost

Beach hut rental premiums top Kensington and Chelsea for average monthly cost

by LLP Reporter
29th Jul 19 12:53 pm

Innovative lettings platform Howsy, has looked at the cost of renting a beach hut in some of the most prestigious spots on the coast and where these eye-watering costs rank in the national rental market.

Howsy looked at the average cost of renting a beach hut across some of the most notoriously expensive and best beach hut locations, including Mudeford, Whitstable, Sandbanks, Southwold and Bournemouth. On average, it costs some ยฃ1,486 a month to rent a beach hut in these areas, 42% higher than the national average rent for all properties in England, let alone a room.

To put it into perspective, this is higher than the average rental cost for Ealing, South Bucks, Newham, Guildford and Hounslow to name but a few.

The most expensive is Mudeford, where the average cost of renting a beach hut is a whopping ยฃ3,816. This is more than the average monthly rent in Kensington and Chelsea, Westminster, Camden, the City of London and Hammersmith and Fulham!

At an average monthly cost of ยฃ1,184, a beach hut in Whitstable costs the same to rent as a house in Winchester, Reigate and Banstead, Spelthorne, Brentwood home of TOWIE and the Vale of Whitehorse and is only marginally lower than Barking and Dagenham.

Sandbanks in Poole is home to the likes of Harry Redknapp and with a beach hut setting you back an average of ยฃ920 a month, you could afford to rent in Aylesbury Value and youโ€™re not far off renting in nearby Christchurch.

Finally, the monthly beach hut rental cost of ยฃ788 in Southwold would sit between Southampton and Medway in the national rental market, while a Bournemouth beach hut (ยฃ720) sits between Northampton and Mid Suffolk.

Founder and CEO of Howsy, Calum Brannan said, โ€œWhether youโ€™re looking to rent or buy, beach hut premiums can be quite outrageous and the sums of money that can be involved for a single hut could secure you an actual rental property in many parts of the UK.

“This is all part and parcel of the supply and demand rental dynamic and whether itโ€™s a beach hut, parking space or actual property, if you have the prime asset and location, there will always be someone willing to pay way over the odds to rent it from you. Personally, Iโ€™d prefer a deck chair on the beach.โ€

Location Average Rent (per month)
Brent ยฃ1,578
Barnet ยฃ1,548
Merton ยฃ1,542
Haringey ยฃ1,513
Average (all beach huts) ยฃ1,486
Ealing ยฃ1,484
South Bucks ยฃ1,458
Newham ยฃ1,422
Guildford ยฃ1,413
England ยฃ858
   
Location Average Rent (per month)
Mudeford Beach huts ยฃ3,816
Kensington and Chelsea ยฃ3,208
Westminster ยฃ2,832
Camden ยฃ2,427
City of London ยฃ2,377
Hammersmith and Fulham ยฃ2,070
   
Location Average Rent (per month)
Cambridge ยฃ1,225
Wokingham ยฃ1,220
Runnymede ยฃ1,210
Barking and Dagenham ยฃ1,192
Whitstable Beach huts ยฃ1,184
Winchester ยฃ1,165
Reigate and Banstead ยฃ1,141
Spelthorne ยฃ1,139
Brentwood ยฃ1,139
   
Location Average Rent (per month)
Basingstoke and Deane ยฃ933
Thurrock ยฃ931
Cherwell ยฃ926
Christchurch ยฃ924
Sandbanks Beach huts ยฃ920
Aylesbury Vale ยฃ918
Adur ยฃ905
Solihull ยฃ898
Fareham ยฃ891
   
Location Average Rent (per month)
Worthing ยฃ807
Bedford ยฃ802
Ashford ยฃ797
Southampton ยฃ793
Southwold Beach huts ยฃ788
Medway ยฃ788
Norwich ยฃ787
South Hams ยฃ786
North Dorset ยฃ785
   
Location Average Rent (per month)
Lichfield ยฃ727
Moray ยฃ723
Broadland ยฃ723
Aberdeen ยฃ723
Bournemouth Beach huts ยฃ720
Northampton ยฃ718
Newcastle upon Tyne ยฃ717
Birmingham ยฃ715
Teignbridge ยฃ712

 

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