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Beach hut on Dorset sandbank sells for £485,000 in 24 hours
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A £485,000 beach hut has sold within 24 hours of going on the market.
The wooden cabin is located on the Mudeford Sandbank in Christchurch, Dorset - home to the most expensive beach huts in the country.
Hut 303 is one of the most valuable to ever come on the open market.
It is thought its enviable position at the end of a row, having front and rear sea views and being above-average in size led to it being snapped up in record time.
It was bought by someone who had been on the lookout for a beach hut in the middle of the 650 yard long sandy spit.
The wooden cabin is located on the Mudeford Sandbank in Christchurch, Dorset
The hut can sleep between six to eight people with the sofas in the lounge area being converted into a bed
It was bought by someone looking for a beach hut in the middle of the 650 yard long sandy spit
As soon as it was listed on a local estate agent's website they 'jumped' at the chance of buying it and put in an offer without arranging to view it.
The hut can sleep between six to eight people with the sofas in the lounge area being converted into a bed and a mezzanine floor level offering more bed space.
It has solar led panel panels on the roof to provide 12 volts of power which can run an electric fridge, kettle and lights. It has a gas oven powered by calor gas bottles.
It has a water pump to supply cold water for the kitchen sink and there is even a separate area for a chemical toilet.
There is a communal toilet block nearby for shower and washing facilities.
The website for Christchurch estate agents Denisons said: 'Hut 303 occupies a beach side location on the end of the terrace and is above average size benefitting from front, rear and side view and comfortably positioned with space to the side.
'On entering the hut, the brightness from the extra windows gives a sense of space.'
Beach huts at Mudeford are so sought-after because of its idyllic and isolated setting.
Its enviable position on the end of a row, having front and rear sea views and being above average in size may have led to it being snapped up in record time.
Cars are banned and the only way of getting there is a 20 minute walk, a ride on a novelty land train or a short ferry trip across the mouth of Christchurch Harbour.
It is impossible to secure a mortgage for the huts and so all new owners have to pay in cash.
On top of the sale price the new owner will have to pay £3,652 annual licence fee to the local authority plys £716 council tax.
Read More
EXCLUSIVE
Our beach hut goldmines: Tiny wooden sheds sell for £450,000 (after being bought for £50)
Over the past 20 years prices for beach huts at Mudeford have shot up from £80,000 to almost £500,000 today.
Andy Denison, of Denisons, said the market for beach huts at Mudeford shows no sign of slowing down.
Mr Denison said: 'With the beach huts at Mudeford people are buying a lifestyle as well as an investment.
'There is a vibrant community of hut owners and people go and spend all weekend down there.'
This is not the only beach huts which has gone up for sale for six figure sums.
In Dorset, five sought-after hunts last year were listed for sale at the same time, two for £450,000 each and the other three for a whopping £440,000, £430,000 and £395,000.
For comparison, this is more than the price of a four-bedroom house in many parts of the country.
Another sought-after hut with dual aspect views of the sea and a harbour had gone on the market earlier this month for £475,000 at Mudeford Spit in Christchurch Harbour, Dorset.
In July, a tiny 8ft by 5ft timber cabin with no power, running water and nothing inside except a bench, shelves and hooks for towels was listed for over £70,000.
A small beach hut with no running water or power is up for grabs in Swanage, Dorset to the tune of £70,000
Inside the 8ft by 5ft timber cabin there are some hooks, shelves and a storage bench (pictured)
Although the beach hut in Swanage, Dorset, doesn't boast a flurry of assets, those who buy it would have sea views over the beauty spots Old Harry Rocks and The Needles on the Isle of Wight.
MailOnline has previously spoken to the lucky owners of these huts in Christchurch, with some voicing their concerns young investors coming along and snapping up the little wooden shacks.
Nicola French-Doyle purchased hers for £50 in 1999 - and it is now worth a staggering £70,000.
The 59-year-old lives just down the road but said one problem had been tourists buying them and then barely ever returning.
She said: 'It's so expensive for locals. It's a shame there are not more of us. I got a discount all those years ago for being local but now they are not offered.
'There's a lot of people from London and other tourists who have come and bought them and then the novelty wears off. It's a real shame.'
The wooden cabin is located on the Mudeford Sandbank in Christchurch, Dorset - home to the most expensive beach huts in the country.
Hut 303 is one of the most valuable to ever come on the open market.It is thought its enviable position at the end of a row, having front and rear sea views and being above-average in size led to it being snapped up in record time.
It was bought by someone who had been on the lookout for a beach hut in the middle of the 650 yard long sandy spit.
The wooden cabin is located on the Mudeford Sandbank in Christchurch, Dorset
The hut can sleep between six to eight people with the sofas in the lounge area being converted into a bed
It was bought by someone looking for a beach hut in the middle of the 650 yard long sandy spit
As soon as it was listed on a local estate agent's website they 'jumped' at the chance of buying it and put in an offer without arranging to view it.
The hut can sleep between six to eight people with the sofas in the lounge area being converted into a bed and a mezzanine floor level offering more bed space.
It has solar led panel panels on the roof to provide 12 volts of power which can run an electric fridge, kettle and lights. It has a gas oven powered by calor gas bottles.
It has a water pump to supply cold water for the kitchen sink and there is even a separate area for a chemical toilet.
There is a communal toilet block nearby for shower and washing facilities.
The website for Christchurch estate agents Denisons said: 'Hut 303 occupies a beach side location on the end of the terrace and is above average size benefitting from front, rear and side view and comfortably positioned with space to the side.
'On entering the hut, the brightness from the extra windows gives a sense of space.'
Beach huts at Mudeford are so sought-after because of its idyllic and isolated setting.
Its enviable position on the end of a row, having front and rear sea views and being above average in size may have led to it being snapped up in record time.
Cars are banned and the only way of getting there is a 20 minute walk, a ride on a novelty land train or a short ferry trip across the mouth of Christchurch Harbour.
It is impossible to secure a mortgage for the huts and so all new owners have to pay in cash.
On top of the sale price the new owner will have to pay £3,652 annual licence fee to the local authority plys £716 council tax.
Read More
EXCLUSIVE
Our beach hut goldmines: Tiny wooden sheds sell for £450,000 (after being bought for £50)
Over the past 20 years prices for beach huts at Mudeford have shot up from £80,000 to almost £500,000 today.
Andy Denison, of Denisons, said the market for beach huts at Mudeford shows no sign of slowing down.
Mr Denison said: 'With the beach huts at Mudeford people are buying a lifestyle as well as an investment.
'There is a vibrant community of hut owners and people go and spend all weekend down there.'
This is not the only beach huts which has gone up for sale for six figure sums.
In Dorset, five sought-after hunts last year were listed for sale at the same time, two for £450,000 each and the other three for a whopping £440,000, £430,000 and £395,000.
For comparison, this is more than the price of a four-bedroom house in many parts of the country.
Another sought-after hut with dual aspect views of the sea and a harbour had gone on the market earlier this month for £475,000 at Mudeford Spit in Christchurch Harbour, Dorset.
In July, a tiny 8ft by 5ft timber cabin with no power, running water and nothing inside except a bench, shelves and hooks for towels was listed for over £70,000.
A small beach hut with no running water or power is up for grabs in Swanage, Dorset to the tune of £70,000
Inside the 8ft by 5ft timber cabin there are some hooks, shelves and a storage bench (pictured)
Although the beach hut in Swanage, Dorset, doesn't boast a flurry of assets, those who buy it would have sea views over the beauty spots Old Harry Rocks and The Needles on the Isle of Wight.
MailOnline has previously spoken to the lucky owners of these huts in Christchurch, with some voicing their concerns young investors coming along and snapping up the little wooden shacks.
Nicola French-Doyle purchased hers for £50 in 1999 - and it is now worth a staggering £70,000.
The 59-year-old lives just down the road but said one problem had been tourists buying them and then barely ever returning.
She said: 'It's so expensive for locals. It's a shame there are not more of us. I got a discount all those years ago for being local but now they are not offered.
'There's a lot of people from London and other tourists who have come and bought them and then the novelty wears off. It's a real shame.'
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