You will NEVER guess why this three bedroom house has gone on the market for £5MILLION
A MODEST three bedroom house has gone on the market for almost £5MILLION - but its not what's inside that will interest potential buyers.
This three bedroom house has gone on the market for almost £5million
The remarkable 1960s property may not look pretty on the outside either, but it sits on one of the last undeveloped waterside plots on the exclusive sandy peninsula of Sandbanks.
The desirable plot, located in Dorset, boasts stunning views of Poole Harbour and has its own foreshore with direct access to the shores.
Most of the waterside plots on Sandbanks have been snapped up and turned into mansions over the years, so 18 Old Coastguard Road provides a rare chance for an investor.
And the land could soon be worth a staggering £8MILLION if the two-storey house is demolished and replaced with an ultra-sleek property in its place.
The modest home is located on Sandbanks
The potential new detached house would cover an incredible 8,000 sq ft in floor space - enough room for a separate boat store at the rear.
Lloyds Property Group, marketing the property said: "The property has been occupied by the same family for nearly half a century and this is the first time it has come to the market during that period.
"Opportunities to develop brand new replacement dwellings are scarce to say the least. There are perhaps just a handful remaining, some of which could no longer be acquired economically.
"It is on one of the finest water-front plots on Sandbanks.
"The site is quite historic with connections to the first lifeboat house, which was one of the first parts of the Sandbanks peninsula to be developed in the 19th century.
It boasts spectacular views of Poole Harbour
The back of the property
"The nearby Coastguard Cottages were constructed in the 1870's to accommodate the lifeboat crews and their families until 1882.
"The old Coastguard Station House remained on the site for part of the 20th Century until it was acquired by a prominent local family who built the current property, known simply as 'Coastguards' in the early 1960s."