KATIE Price’s infamous Mucky Mansion has finally found a buyer – but it’s selling for less than she paid.
Property prices have jumped by more than 70 per cent for the average home in the past 10 years, according to the Office for National Statistics, but Katie’s has lost value.
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Katie Price’s Mucky Mansion has been offered for less than she paid
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The star was kicked out of the dilapidated mansion earlier this yearCredit: Doug Seeburg
The derelict flat, which has nine bedrooms and four bathrooms, has now been snapped up for £1.15million.
Katie, however, paid him £1.35 million in 2014.
The former glamor model has also previously boasted in interviews that the West Sussex mansion is worth a whopping £2million.
A public notice on Rightmove now says: “Mortgagors in possession now accepting an offer for the sum of £1,150,000.”
This is the third time Katie’s former Mucky Mansion has been put up for bid since it was repossessed.
Two previously agreed real estate sales fell through.
Katie will not see a penny of the proceeds if this sale goes through, as she no longer owns it.
The mother of five was forced out of her dilapidated home in May after failing to pay two mortgages.
Katie received an eviction notice after her second bankruptcy.
As a result, any money invested against the house will be swallowed up in the debts she earned while living there.
Katie Price’s £2m Mucky Mansion moment surrounded by bailiffs as she is evicted in a bankruptcy battle today
But instead of getting upset, Katie claimed she was delighted to finally be out of the spacious home.
“I absolutely hated my mansion,” she said during her The Katie Price Show podcast tour earlier this year.
“I’ll tell you why, nine years of hell I lived there. Fly-tipping, it’s haunted… And I live with it.
“Whoever buys that house, good luck! I hate it.”
Katie – once worth £45million – moved into the mansion ten years ago.
But the estate quickly fell into disrepair as her chaotic personal life and finances spiraled out of control.
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In 2022, the star’s attempts to renovate the home were featured in Channel 4’s Katie Price: Mucky Mansion.
The series was eventually canceled after two series’, shortly before Katie was ordered out of the house via an eviction order.
After the bank repossessed the property, Mucky Mansion – which sits on 12 acres of land – was put up for sale at £1.5m.
However, the asking price was later reduced in an attempt to sell. The price was lowered for the second time in October.
Meanwhile, Katie is currently trying to rebuild her fortune after bankruptcy.
Last month, the star listed an old pair of shabby designer sandals on second-hand site Depop for £100.
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Katie bought the nine-bed property in 2014. Credit: Instagram
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It soon failed because her private life was also on the rise Credit: youtube/KatiePrice
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Katie tried to renovate the house for C4 Katie Price: Mucky Mansion Credit: Channel 4
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