Sandbanks penthouse in Poole hits the market for £5million

Sandbanks penthouse in Poole hits the market for £5million

The priciest apartment to be built on Britain's most exclusive seaside resort has hit the market for a record-breaking £5 million.

The state-of-the-art penthouse resides in the Ace apartment complex and enjoys a prime spot in Sandbanks, in Poole, Dorset, one of the UK's most expensive areas thanks to its stunning harbour and beach views.

Surpassing the previous record-holder's cost by £1.3 million, the new property boasts four bedroom suites, two reception rooms, a massive bespoke kitchen, lights you can control from your smartphone, plus access to the property's swimming pool and spa.

Up for grabs: The state-of-the-art penthouse apartment in Sandbanks is part of the new Ace development complex

Up for grabs: The state-of-the-art penthouse apartment in Sandbanks is part of the new Ace development complex

A modest surf school had previously occupied the site, but this was demolished around three years ago to be replaced by the luxury Ace apartment block.

The fully-furnished penthouse has 4,873 sq-ft of floor space, more than five times the average home, and it also has additional 3,427 sq-ft of terraces and balconies.

The master bedroom suite has a large bathroom, dressing room and doors which open onto one of the property's terraces.

Steve Isaacs, director of Luxury and Prestige Realty, which is marketing the flat, said: 'It is unique in terms of size and location and it is very unlikely there will be another penthouse built to this specification.'

Stunning: Sandbanks in Poole is one of the most exclusive seaside resorts in the country, with property prices to match

Stunning: Sandbanks in Poole is one of the most exclusive seaside resorts in the country, with property prices to match

 Room with a view: The stunning property boasts enviable views of the Dorset coastline - some of the best in the UK

 Room with a view: The stunning property boasts enviable views of the Dorset coastline - some of the best in the UK

Eat your heart out: The dining room boasts floor-to-ceiling windows for an uninterrupted vista across the bay

Eat your heart out: The dining room boasts floor-to-ceiling windows for an uninterrupted vista across the bay

Spacious: This bedroom suite is one of four within the property, which is spread-out over 4,873 sq-ft of floor space

Spacious: This bedroom suite is one of four within the property, which is spread-out over 4,873 sq-ft of floor space

THE RICH RESIDENTS OF SANDBANKS 

Sandbanks, between Poole and Bournemouth, has been home to many millionaires. Some notable former and current residents include:

  • Harry Redknapp, football manager
  • Maxim Denim, current AFC Bournemouth owner
  • Graeme Souness, former football player turned pundit
  • Darren Anderton, form er football player
  • Ian McGlinn, who helped start The Body Shop (died 2010)
  • Geoffrey Boycott, former cricketer
  • Celia Sawyer, Four Rooms dealer

He continued: 'On one side you have fantastic harbour views and on the other you have direct access to the beach,' he says.

'The penthouse has been fitted with the best of everything. You can programme the lighting remotely from anywhere in the world via your iPhone. 

'All of the fittings are bespoke and it is fully furnished so you can just pick up the keys and move in. 

'There is a beautiful kitchen and the bathrooms all have a contemporary feel. 

'It has a terrace whic h occupies the entire top floor and offers 360 degree views. It would be an ideal property for entertaining.

'Sandbanks has a beautiful beach right on your doorstep and the views across Poole Harbour are also pretty special. 

'The apartment block also has a swimming pool, steam room and sauna which is very unusual. 

'It has just been completed and we have already had interest from potential buyers on three continents.'  

Land Registry figures show that the average price paid on Sandbanks is almost £1.1 million - around five times the average house in England and Wales.  

Pricey: Land Registry figures show that the average price paid on Sandbanks is almost £1.1 million - around five times the average house in England and Wales

Pricey: Land Registry figures show that the average price paid on Sandbanks is almost £1.1 million - around five times the average house in England and Wales

Making a splash: With a £5 million-plus asking price, the Ace penthouse is around twenty times the price of a typical home, and comes with access to this pool and spa 

Making a splash: With a £5 million-plus asking price, the Ace penthouse is around twenty times the price of a typical home, and comes with access to this pool and spa 

History: A modest watersports school had previously occupied the site but this was demolished around three years ago to be replaced by the luxury Ace apartment block

History: A modest watersports school had previously occupied the site but this was demolished around three years ago to be replaced by the luxury Ace apartment block

With a £5 million-plus asking price the Ace penthouse is around twenty times the price of a typical home. Stamp duty alone is more than £500,000.

If it achieves this, it will set a record for an apartment on Sandbanks, with publicly-available figures suggesting the current priciest pad in the area cost £3.7 million. 

The most expensive apartment sold in the UK this year cost £90 million, with the massive penthouse located in Knightsbridge, London. But outside the capital, the most expensive apartment sold this year is another Sandbanks penthouse which cost £3.1 million. 

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