Summary - Spey Bay Lodges IV32 7PJ
1 bed 1 bath Character Property
Coastal lodge portfolio with strong 2024 income and clear conversion upside.
Established Airbnb income £46,000 (2024) plus office rental £8,400
0.5 acre double‑gated plot adjacent to Spey Bay Golf Club and beach
Four letting properties plus office suite and 38m² double garage
Solar panels, battery and multiple Zappi EV charging points installed
Conversion potential: office/garage could become extra residential units
Heating: calor gas central heating (bottled gas), not mains gas
Very slow broadband; area classed as very deprived — staffing issues possible
Properties sold as seen; some refurbishment and reinstatement required
This rare coastal portfolio on a half‑acre plot at Spey Bay Lodges offers immediately workable holiday income and clear development upside. Four self‑contained letting units, an office suite and a high‑spec double garage sit adjacent to Spey Bay Golf Club and a short walk from the beach, set within an Area of Outstanding Natural Beauty.
The group has an established short‑let history with reported 2024 Airbnb takings of £46,000 plus £8,400 from the office. Solar panels, battery storage and multiple Zappi EV points reduce running costs and appeal to eco‑minded guests. The double garage and an attached commercial office present straightforward conversion potential to provide larger year‑round accommodation or an additional holiday unit, increasing revenue capacity.
Practical drawbacks are significant and must be accepted: broadband is very slow; heating is via calor gas (bottled gas) rather than mains gas; the site sits in a very deprived area which can influence staffing and local demand; properties are sold as seen with most contents included. Conversion, refurbishment and some reinstatement (for example the office’s former bathroom) will be required to realise the highest returns.
This portfolio suits a hands‑on investor or small operator seeking an established coastal holiday business with immediate income and tangible scope for value‑add through renovation, reconfiguration or expanded marketing. Viewing is recommended to assess the buildings, garaging and gardens and to confirm plans for conversion or improved year‑round lets.
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