Mansions owned by current
and ex Premier League footballers in Cheshire’s
sought after Golden Triangle are almost impossible to resell, so says a report.
The Manchester Evening
News says the apparently unsaleable properties include Ashley Ward’s £13.5m
mansion unsold since 2013, Phil Neville’s Beetham Tower
penthouse unsold since 2010, Gareth Barry’s £3.85m mansion unsold for over two
years and a £4.5m mansion once rented by Zlatan Ibrahimovic which the current
owners cannot sell.
The newspaper suggests
that footballers’ mansions are often so opulent and so expensive that they can
only be resold to other footballers or very wealthy businesspeople which, in
this area, is a small market – especially as many foreign footballers now
prefer to rent.
The story quotes local
architect Matt McNulty who says: “We are often called in to remodel larger
houses and in effect make them more livable. What’s the use of having eight
bedroom suites if you don’t use them?
“Trends are definitely
changing, away from the super grand and showy mansions and our job is to help
clients make informed decisions so they can create the home where they are
He adds: “The foreign
players do prefer to rent, and the same properties are often rented on a
regular basis as players come and go. The British players are more happy to
build or refurbish an existing property and want to make a home not a
There is an old adage that
the best property investment is the worst house in the best street. This story
seems to illustrate that the reverse is also true. That is, buying the best
house in the best street and pouring even more money into it to make it even
more opulent is not a smart way to invest your money.