West Ham footballer Andy
Carroll has bought Sir Rod Stewart’s Essex mansion
for just £4.1m – a £3.4m discount on the original asking price, it is reported.
Stewart and his wife Penny
Lancaster put the property up for sale for £7.5m in 2016. However, despite
reducing the price three times they have been unable to find a buyer, blaming
the state of the market and Brexit according to the Daily Mail.
The Grade II listed, six bedroom manor house near Epping is located on a sizable plot and features a boating lake, tennis courts and swimming pool. It also includes a full size football pitch on which, apparently, Stewart has previously invited players from Newcastle United, Liverpool and Celtic to train. Carroll and his fiancée are said to have moved in already.
Although £7.5m might have been something of a speculative asking price – and the state of the south east market will have had a part to play – Carroll looks to have done well for his £4.1m. Although potentially in the transfer market himself West Ham could do worse than ask him to negotiate their transfer dealings this summer.
What is DealMakerz Prime?
In depth stories
Want to know the story behind Britain's latest property mogul? Why a company is going bust? Our coverage goes beyond run-of-the-mill news on key real estate issues.
High powered community
Our subscribers are made up of the most influential Founders and CEO's in UK property. Gain a competitive edge and get informed - read what they read.
Exclusive guest articles
Understand exactly what the most senior figures in UK property are thinking. Exclusive opinion articles from powerful real estate influencers that move markets.