When he bought it for £6,500, it was little more than a shack to shelter in while he worked as a lifeguard.
But Adam Wooler’s modest investment had the all-important factor…location. After razing it to the ground, he built an idyllic holiday home in its place which is now earning him £100,000 a year.
Perched on the edge of a 300ft cliff, the chalet, with triple-glazed windows and heated floors, enjoys uninterrupted views of Whitsand Bay in Cornwall.
Idyllic: Adam Wooler transformed a ramshackle shed into this stunning cliff-top retreat that earns more than £100,000 pounds a year in rent
View: The clifftop retreat boasts stunning coastal views of Whitsand Bay, in Cornwall
Cosy: Mr Wooler and his wife Katherine invested £100,000 to turn it into the luxury holiday retreat, which has a kitchen, lounge, bedroom, shower room and sun terrace
Mr Wooler, 47, bought the hut more than 25 years ago while he studied at Plymouth University.
He did little with it for much of that time, but after marrying and moving further along the coast to Dorset, he and his new wife Katherine decided to invest £100,000 to create a luxury bolthole.
They now rent out the retreat all year round for between £1,500 and £2,900 a week. With an occupancy rate of 80 per cent, the annual return should be around £100,000.
Aimed at couples looking for a romantic break, the chalet, called The Edge, is already booked up for most of the spring and summer.
Married: Adam Wooler, with his wife Katherine, who transformed the hut he lived in as a student 25 years previously
Perfect position: The chalet has bi-folding patio doors to make the most of the uninterrupted coastal views
Booked up: The chalet, called The Edge, is aimed at honeymooners and couples looking for a romantic break, but is already full for most of spring and summer
Clifftop: The building is perched on the edge of a 300ft cliff, and was Mr Wooler's home while he was studying at university, before it was turned into the luxury retreat
Beautiful: Pop star Duffy has been one of the guests who have been able to enjoy stunning sunsets, such as this, while staying at the isolated seaside retreat
Mr Wooler said: ‘It was nothing more than a wooden shack on a cliff with one room and an outside loo when I bought it.
‘I lived in it for 18 months...and nearly got blown away with it a few times. I left it as it was for 25 years and couldn’t really afford to do anything with it. It has only been the last 18 months that we managed to get the funding and planning permission in place that we could really do something with it.
Eco-friendly: The chalet measures 23ft by 13ft and has been made out of eco-friendly cedar wood
Inside: Along with being well insulated, the building has underfloor heating and triple-glazed windows
Ambitions: The couple hope to buy another chalet nearby and transform it into a holiday let geared up for families
Worth it: Mr Wooler said: 'People are happy to pay the rental price for it because of the views and the high standard finish'
‘We are delighted with how it has turned out. It has been designed to make the most of the views and is now a really romantic getaway.’ The Edge, which has one bedroom, a kitchen, lounge and shower room, is made out of eco-friendly cedar wood.
Mr Wooler and his 37-year-old garden designer wife have just had a baby.
They hope to buy another chalet nearby and transform it into a holiday let especially for families.
Previously: How the old shack looked before it was demolished and turned into the luxury retreat
Bargain: Mr Wooler bought the shack, pictured before it was renovated, for £6,500 while working as a lifeguard on the beach below
Demolition: Mr Wooler clearing the old shack before work began on the new chalet
Underway: Mr Wooler admires the view as the construction of the new building begins to take shape
Building work: The couple spent £100,000 rebuilding the hut, which they now rent out to holidaymakers