EA Hotel, Blackpool

About.

EA* Hotel with free accommodation and board for 2 years. Buildings in the run-down seaside holiday resort of Blackpool (UK) are really cheap. I’ve bought a 17 bedroom hotel with dining room, lounge and bar for £130k. Assuming a 7% rental yield, this works out at about £45 per person per month rent. Factoring in bills, catering, and a modest stipend/entertainment budget, living costs should be as low as £5700/person/year (or lower for people sharing rooms).