Location, location, location! Is this the best property on the market in Wales?

The old lifeboat station at St David's. Credit: geography.org.uk

An historic lifeboat station with one of the best sea views in Wales is up for sale.

The corrugated iron hut perched on stilts overlooking a rocky bay has the potential to be turned into a stunning holiday home.

For more than 100 years, the building has been home to the St David's lifeboat in Pembrokeshire, where the brave crew has saved hundreds of lives.

But a new £9.5m lifeboat station is being built 300 yards away and the RNLI has put the old one up for sale to the highest bidder.

The estate agents Savills describe it as an "exciting coastal property with development potential".

The Grade II-listed building could be converted into a home, a shop for tourists or a luxury boathouse, but planners will want it to retain many of its architectural features.

That includes the slipway from where the lifeboat is launched with a huge splash on its way to a rescue.The new owners might be able to walk down the gentle slope straight into the sea for a refreshing morning morning swim.

Fancy an early morning dip? Credit: savills.com
Credit: savills.com

The lifeboat station in the tiny cove of St Justinian has views across to Ramsey island, home to seals, fulmars and peregrine falcons.

The building and slipway, constructed in 1911, is made of timber-framed walls clad in cream painted corrugated iron with a curved red roof.It stands on reinforced concrete latticed piers strong enough to take the Atlantic gales which blow in each winter.

Credit: savills.com

The sale brochure shows interiors of the wooden clad building with the crew's lifejackets hanging up ready for the next call out

Credit: savills.com

Ms Lewis said: "There is planning for a variety of uses, one of which is residential. It would make a fabulous holiday home."The only reservation at the moment is there is nowhere to park a car."

Credit: savills.com

Whoever buys the old station will have amazing views of the lifeboat - the Norah Wortley - being launched down the slipway from the new station.

Savills are holding two open days for potential buyers to have a look around and the closing date for offers is September 10.

The St David's lifeboat station, manned by two full-time staff and local volunteers, has saved more than 330 lives in its 150-year history.