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  1. ITV Report

Cornish beachfront house sells for £1.4m

Photo: ITV West Country

A former council house in St Ives has sold for nearly one and a half million pounds at an auction in London.

Sunset House on Porthmeor Hill in St Ives had a guide price of 600 thousand pounds.

Credit: ITV West Country

The property was sold by Devon and Cornwall Housing who say the money will go towards building affordable homes in the area.

Property is in high demand in St Ives after rules were introduced preventing new builds being used as second homes.

Another reason for the property's high value is that it is extremely close to the beach.

The property overlooks the Cornish sand. Credit: ITV West Country