But £500 for a studioWe have a Motorhome, so, seldom in the market for a holiday rental.
But, £500/week, in peak season does not seem unusual to me.
Slightly different market, but, when we worked (sorry for language) we used to go quite regularly to Lake District for weekend in a B&B, it was typically £70/night EACH, and that was over 12 years ago! Holidays in Uk are not cheap.
Imagine how much a 2 bed will be......if you can get one.