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The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

author:British Property Circle

Anyone familiar with British TV shows has already heard of Grand Designs.

The program often shares a variety of new and unique designs that have been completed after a lot of hard work, which is eye-catching.

Recently, there was a property that has been called the "most tragic" in the history of this show. Because of the cracks in the driveway, the asking price of house prices plummeted.

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

The owner of the property, Edward Short, spent 12 years building the mansion in Croyde, Devon, with a debt of £7 million...... It shows his dedication to this property.

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

When his show first aired in October 2019, the property had not yet been completed, and he was already in debt. At that time, many viewers were very worried about their situation.

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

Because, such an all-or-nothing investment may not bring the desired results, and may even collapse as a result......

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

In the process of building the house, he also separated from his wife Hazel due to financial pressures.

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

Later, after the trough passed, the five-room property was finally completed in a struggle......

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

爱德华也迎来了新的爱人,未婚妻——Jalia Nambasa。

It seems that the willows are bright, and after selling this invincible sea view house, a better life is about to be ushered in.

Unexpectedly, this house could not be sold at the high price as originally planned......

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

Last year, the property was put up for sale for £10 million, and Edward believes that with the aura of the TV show, the property will definitely sell. At that time, he also said that there were already buyers who had negotiated with them.

But, because there was a crack in the driveway of the house. The sale price of the property has dropped from the initial 10 million pounds to 5.25 million pounds, which can almost be said to be halved......

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

It is reported that the driveway of the property was originally built in the 60s of the last century. As a result, when a crack appears, the buyer is very worried that it will cost more money later, so the selling price of the property drops significantly. Edward also built a new driveway next to it, so overall there was not much impact on traffic.

Edward was not satisfied with the selling price. He initially hoped to borrow a further £2 million to repair the repairs, so that he could continue to sell for the original £10 million.

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

However, the difficulties in front of him forced him to suspend the plan and continue to sell.

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

He said: There are always highs and lows in life.

I'm used to facing adversity, and money comes and goes in my life. Things changed so suddenly, and now, I have a new love and I'm engaged. Love is something harder to buy than money.

Mentally, it's all in the past, but I still have to fight for the best possible outcome in order to pay off my foreign debt.

I will continue with my new life, no matter what the outcome is.

The tragedy of the seaside mansion: a crack, the asking price dropped directly from 10 million pounds to 5.25 million pounds!

In this regard, netizens commented:

This crack doesn't look big, right?

It is estimated that this house will eventually become the kind of house that is given away by lottery......

Oh my God, 7 million pounds, more than ten years, this house doesn't look good.

What do you think?