Grand Designs' 'saddest home' unsold months after owner slashed price

10 June 2024 , 15:56
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The property is now listed at nearly half its original price
The property is now listed at nearly half its original price

A STUNNING West Country mansion that appeared on Channel 4's Grand Designs still hasn't sold after the owner slashed millions off the £7million price tag.

It was dubbed the "saddest home" by Grand Designs after the owner, Edward Short, racked up millions in debt and lost his marriage as a result of the property.

The property's price tag has nearly halved eiqetidqxiqkzprw
The property's price tag has nearly halvedCredit: Knight Frank
Edward Short racked up millions in debt and lost his marriage
Edward Short racked up millions in debt and lost his marriageCredit: Neil Hope
The coastal house is now among the top five viewed houses this month on the popular property site, Rightmove
The coastal house is now among the top five viewed houses this month on the popular property site, RightmoveCredit: Knight Frank
It took Edward 12 gruelling years to build the house
It took Edward 12 gruelling years to build the houseCredit: Neil Hope

The spectacular coastal home was designed to mimic a lighthouse structure and covers over three acres of land.

It took Edward 12 gruelling years to build the house and no one has lived in it since.

The coastal house is now among the top five viewed properties this month on Rightmove.

I'm a property expert - my guess for the cheapest time to buy a home this yearI'm a property expert - my guess for the cheapest time to buy a home this year

On their site, Rightmove added: "This 5-bedroom house, positioned on its own private clifftop in Devon, has been featured on Grand Designs, and offers spectacular coastal views."

The mansion's interior features expansive floor-to-ceiling windows providing unique views of the ocean.

While the property's exterior boasts an infinity pool, multiple spaces for outdoor entertainment and three acres of grounds to discover.

The grand house was originally priced at £10million when it appeared on the show two years ago.

However, after it failed to secure a buyer it was withdrawn from the market the following year.

The property did receive interest from Michael Jackson's former bodyguard but he wasn't willing to match the £10million price tag at the time.

The Devon mansion reappeared on the market in June last year with a reduced price tag of £7.5million.

The asking price was adjusted again to £6.5million later that year.

Now, the five-bedroom house is on the market for a reduced price of £5.2million.

Grand Designs host Kevin McCloud still keeps in contact with Edward and said there is "lots of interest" in the property.

Inside Camilla's £850k 'guilty pleasure' country pad - and Charles 'hates' itInside Camilla's £850k 'guilty pleasure' country pad - and Charles 'hates' it

'SERIOUS BUYER'

Kevin said: "He's had a couple of celebrities and I think he’s had a comedian or two because it is quite an expensive house, and so consequently for people who are interested, they need to make loads of money, and that includes actors and performers and singers."/

Edward Short initially started on a budget of £1.8million and had hoped for the project to be done in 18 months.

Over the years, Mr Short has battled to complete the adventurous project he started in 2010 - but managed to create a stunning property against all odds.

The unfinished property went on the market but was removed from an estate agent’s site with talk of their being a “serious buyer” – but they then pulled out at the last minute.

The spacious home is now back up for sale again but this time through Law of Property Act receivers, which indicated the sale is part of debts being resettled.

The new Rightmove listing went up on January 26 on behalf of luxury property merchant Savills, describing the home as a "bespoke design brought to life through impressive engineering".

Plans to install a helipad have been approved, according to the listing.

Karim Camara

Devon, House Prices, Homes, Home transformations, Grand Designs, Channel 4, Kevin McCloud

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