A buyer in Sandbanks, Dorset, is demolishing a bungalow he acquired for £13.5 million in March 2023. The property, located in the affluent Sandbanks area often associated with very high-value homes, was described as rundown at the time of purchase. According to the reporting, the buyer paid a record £13.5 million for the existing bungalow and is proceeding with demolition as part of plans for a replacement home. The coverage also states that the buyer insists he will not “flip” the replacement property for profit, framing the demolition and redevelopment as planned replacement work rather than a short-term sales strategy. The articles identify the purchaser as Tom Glanfield and describe the house’s condition at purchase, including references to it being in poor state. The reports do not provide additional details about planning permission, contractors, timelines, or the design of the replacement home.