KATIE Price’s Mucky Mansion has been snapped up just a week after being placed on the market, we can reveal.
The home was repossessed after she failed to meet payments on two mortgages raised on the sprawling pad.
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It was put up for sale earlier this month for £1.5m and estate agents handling the sale have revealed that a full asking price bid has been received.
But 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 home in Sussex.
Estate agents told prospective buyers: “Anyone wishing to place an offer on the property should contact H J Burt & Son before exchange of contracts or within the next 7 days whichever is sooner.”
The house comes with 12 acres of land and buyers were warned that the property has been blighted after fly tippers dumped building rumble in the grounds in an illegal operation.
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.
A brochure told potential purchasers not to fall into Katie’s empty pool and also warned the land could be contaminated by waste by
tipping.
An advert online told potential buyers the pad could be flipped into an “impressive family house” after refurbishment.
Making no mention of its famous former owner, the advert said: “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.”
Katie Price blew £10,000 in a month on takeaways and clothes — after being declared bankrupt
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.”
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 Price – FOUR recent court battles
KATIE Price has had her fair share of brushes with the law. Here we detail four of those:
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