A MAN who became a multimillionaire in his 20s has revealed why he’ll never buy a home on the poshest beach in the UK.
Samuel Leeds is a property investor who could buy almost any UK home he wanted – but there’s a reason he won’t purchase anything in affluent Sandbanks, Poole.
The town in Dorset is home to football veteran Harry Redknapp and named “Millionaire's Row” due to the price of houses lining the beach.
Five-bedroom properties can go for up to £7 million.
Samuel, 31, took to his popular YouTube channel with wife Amanda to share that they rented a mansion in the posh town last summer.
“This is my favourite part of the world,” he said.
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“We like it so much we’ve almost bought something here but Amanda wouldn’t let us buy.”
The couple decided against treating themselves to a Sandbanks home due to a very real danger.
They were weary of the flood risk presented by living next to the sea.
The risk is so great that BCP Council is forcing all properties lining the beach to build a 27 foot sea wall.
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“It’s just gonna kill the views, kill the beach access,” Samuel said.
The £1 million house the couple, who have been married for eight years, rented was a three minute walk from the shoreline.
They paid £500 a night in peak season, making monthly rent on the property just above £15k.
Samuel noted the millionaires living in the area are “all so friendly”.
The home he rented was on a stretch of land overlooking both the sea and the harbour.
The property guru grew up in a modest home in Walsall, West Midlands and trained as a plasterer at 16 after leaving school.
However, he describes himself as always having a “money mindset” and tried his hand at a number of side hustles before making it big in the property bizz.
One of his most unique ventures was performing magic tricks for money.
Samuel and Amanda currently reside in Beaconsfield, Bucks.
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