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Located in the adjacent square (NZ5313) Grey Towers was built in the 1860s by Middlesbrough ironmaster William Randolph Innis Hopkins who was later made bankrupt as a result of the Tay Bridge disaster in 1879 (his firm built the bridge).
For twenty years Grey Towers was lived in intermittently until it brought by Sir Arthur Dorman who lived in it for more than thirty years until his death in 1931. Grey Towers once more became vacant until used as the Poole Sanatorium (for Tuberculosis). Eventually the hospital was closed and by the 1990's it was virtually derelict. Now it has been restored and divided into executive flats and apartments.