£70,000 beach hut classed as a bargain

"These huts are seen more of an asset, people buy them as investments. In many ways they are a lot better investments than the rest of the housing market."

He added: "You can wait a lifetime for a chance to get a council one, so if you have a big house down here, people buy them so they can sell it as part of an overall package.

"To have one come on to the market is very, very rare and we expect a huge amount of interest."

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