Friday, November 22, 2024

Mystery buyer of Katie Price’s £1.5million Mucky Mansion faces LOSING property

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THE mystery buyer of Katie Price’s Mucky Mansion faces losing the property “within the next seven days”.

The former glamour model’s house has been snapped up just a week after being placed on the market.

Katie Price's Mucky Mansion has been snapped up just a week after being placed on the market

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Katie Price’s Mucky Mansion has been snapped up just a week after being placed on the marketCredit: Channel 4
The home was famously the location of her reality TV show

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The home was famously the location of her reality TV showCredit: www.hjburt.co.uk
Katie's huge living room with a spiral staircase has been cleared out

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Katie’s huge living room with a spiral staircase has been cleared outCredit: www.hjburt.co.uk
The lawn has been mowed and the pool emptied and sectioned off

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The lawn has been mowed and the pool emptied and sectioned offCredit: www.hjburt.co.uk
A media wall installed in one bedroom has been ripped out

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A media wall installed in one bedroom has been ripped outCredit: www.hjburt.co.uk
The back of the house could do with a lick of paint

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The back of the house could do with a lick of paintCredit: www.hjburt.co.uk

The reality star, 46, was slapped with an eviction notice in May amid her bankruptcy battle.

And the home was repossessed after she failed to meet payments for two mortgages on the sprawling pad.

Price’s Mucky Mansion was then put up for sale earlier this month for £1.5million.

Estate agents H.J Burt handling the sale have revealed that a full asking price bid has been received.

But they told other prospective buyers that they could still place an offer on the house “before exchange of contracts or within the next seven days, whichever is sooner.”

Katie, 46, won’t see a penny of the proceeds as the cash will be swallowed up by the debts she ran up against the Sussex home.

The house comes with 12 acres of land and buyers were warned that the property has been blighted after fly tippers illegally dumped rubble in the grounds.

A source told The Sun: “Despite all the problems with the place, the asking price was a steal and priced to sell.

“Katie won’t be benefiting, however, as all the proceeds will go to pay off the mortgages she had leveraged on the place.”

Buyers had been been advised to take care on the property.

Katie Price blew £10,000 in a month on takeaways and clothes — after being declared bankrupt

A brochure told potential purchasers not to fall into Katie’s empty pool and also warned the land could be contaminated by waste.

An online advert said the pad could be flipped into an “impressive family house” after refurbishment.

Making no mention of its famous former owner, the ad described the property as: “A substantial detached family home including three reception rooms, nine bedrooms and four bath/shower rooms spread over three floors plus a one-bedroom annexe.”

It continued: “Offering the opportunity for refurbishment to potentially create an impressive family house with mature grounds including potential reinstatement of the tennis court and swimming pool and enhancements of the paddock and land.”

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Katie – once worth £45million – moved into the mansion ten years ago.

But the pad fell into disrepair as her chaotic personal life and finances spiralled out of control.

In 2022, her attempts to renovate the home featured in Channel 4‘s Katie Price: Mucky Mansion.

Katie's loft was renovated last year and she planned to use it as a photography studio

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Katie’s loft was renovated last year and she planned to use it as a photography studioCredit: www.hjburt.co.uk
The large property has nine bedrooms and four bathrooms

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The large property has nine bedrooms and four bathroomsCredit: www.hjburt.co.uk
An advert says the home has 'potential'

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An advert says the home has ‘potential’Credit: www.hjburt.co.uk
The grounds also include a stable yard

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The grounds also include a stable yardCredit: www.hjburt.co.uk
The kitchen has been tidied up - but there are marks on the wall where cupboards have been ripped out

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The kitchen has been tidied up – but there are marks on the wall where cupboards have been ripped outCredit: www.hjburt.co.uk

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