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A couple who paid £1.7million for a spectacular clifftop home are facing life on the edge after their garden crashed into the sea.

They bought the property only 18 months ago, aware that it had already suffered a devastating landslip in 2007.

By yesterday its value had plummeted by an estimated £600,000 and they face a major bill to stabilise what remains of the cliff following the disappearance of 15ft of garden last week.

However, they are still hopeful that the house will remain standing … even though its boundary wall is only a yard away from a dizzying drop.

The property at Dawlish, south Devon, was built by Nick Skilton, managing director of Wessex Products, which supplies hand driers and dispensing machines to the prison service, hospitals and fast-food restaurants. 

Despite its apparently precarious position he was granted planning permission in 2005 for a four-bedroom house with glass spiral staircase and indoor pool.

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