Consider a refurbished USFF business PC.
https://www.ebay.co.uk/sch/i.html?_nkw=usff+pc
A unit from any major brand will be good and there are i5/8gb units available for well under £100 that will happily shunt 4K video about. Plus they have the advantage of coming in a nice case, lots of ports, included storage, etc…
I used Kodi with a Jellyfin plugin for media center duties.