No mod cons, £70,000. Cat swingers need not apply

It has no electricity, no running water and is made of corrugated sheeting and wood. Indeed, there's barely room inside to swing the proverbial cat, let alone host a housewarming party.

But despite the seemingly humble description, this property, a tiny beach hut in Wales, has just changed hands for £70,000.

The hut, which measures just 13ft by 9ft and is considered only big enough for "sitting and bathing in", sits cosily amid a row of 18 on a sand dune at the highly-sought-after location of Abersoch on the Llyn Peninsula in Gwynedd. It boasts views over Cardigan Bay.

Agents Beresford Adams, who marketed the hut, said the new owner wanted to remain anonymous. "There's always a lot of interest in these huts, because it is a very rare opportunity when they come on the market. There is only a limited amount of them," said Martin Lewthwaite, the senior manager with Beresford Adams at Abersoch.

It is not the first time tiny beachside properties in the area have sold for such a large amount of money.

A slightly larger hut, measuring 18ft by 15ft, went on sale in Abersoch earlier this year for £150,000. It followed the sale of another hut there that attracted £75,000. Last month, in Anglesey, a hut went on the market for £80,000.

The most recent sale has underlined the continuing boom in the beach hut market. While the property market faces an uncertain future with house prices generally continuing to fall, the beach hut section of the market is continuing to buck the trend.