Friday, January 10, 2014

PHOTOS: John Terry Sells 9-Bedroom Mansion For £16million, Makes £10million Profit


Chelsea and England defender John Terry has received £21.25million after selling his two neighbouring houses, including one which was to be his dream home.The footballer, together with his wife and twin children, had planned to live in the nine-bedroom white mansion, which was built next door to his old property.


Terry, 33, sold his original red-brick house last year for £5.25million after three years on the market, but then received an out of the blue £16million offer for his new home.

He had bought the luxury pad for £1.8million in 2007 and spent a further £4million renovating it, even building a man-made fishing lake in the back garden.



Win: Chelsea and England defender John Terry, pictured with his wife Toni, has netted a cool £21.25million after selling his two neighbouring houses, including one which was to be his dream home

Terry, whose £170,000-a-week Chelsea contract runs out this summer, bagged a £10million profit on the sale to a mystery foreign investor.

The cost of the home is twice the price of the average Surrey property, and the sale of the house has prompted further speculation that the footballer is planning to leave Chelsea in favour of a move abroad.

His family are now believed to be renting another property.

His spokesman told The Sun that the house had not been put on the market, but that Terry and his wife Toni had 'received a fabulous offer which they decided to accept'.

It had taken father-of-two Terry three years to sell his first house, which he had bought for £2.25million in 2003 and reportedly had to re-mortgage four times.


In 2010 the former England captain was advised to drop the asking price by three quarters of a million pounds.

However, helped by the burgeoning property market, he was finally able to sell it for more than the £5million asking price, helping him finance the second mansion - located just a short drive from Chelsea's training ground in Cobham.



Grand Designs: Terry bought the luxury pad for £1.8million in 2007 and spent a further £4million renovating it, even building a man-made fishing lake in the back garden


Constructed at the end of a private road, the huge new home is hidden away from prying eyes and is only clearly visible from the air.

It comprises eight dressing and bathrooms, nine bedrooms, a swimming pool and sauna.

The mansion even has its own private cinema and sauna.

Terry, a keen angler, was given permission to build the fishing lake in April 2012 - despite it being on green belt land.



Future plans: The sale of the home has prompted further speculation that Terry, pictured with wife Toni and his twin children in 2010, is planning a move abroad

Terry was reported to have incurred a mortgage debt of £4.6million pounds on the building of the new house.

Construction work started in December 2011 and the finished mansion is believed to include a 33x40ft indoor swimming pool, complete with a jacuzzi, steam room and changing facilities.

Staff are also reportedly accommodated in one wing and there is also a visitor annexe in the opposite wing.


Follow GistaNaija on Twitter @GistaNaija and Facebook GistaNigeria

Weird Stories | Weight Loss & Fitness Tips |Small Business Guide | Infotech Arena Tech News

No comments:

Post a Comment

Add A Comment

Related Posts Plugin for WordPress, Blogger...

ShareThis