Ex-Take That star Robbie Williams made a loss on his multi-million pound Hollywood mansion – to the tune of £200,000.
The singer purchased the property, set in the exclusive Mulholland Estates, for £2.3m in 2005. But after being on sale for half a year, the mansion fetched just £2.1m.
The lower sale price is a reminder that property markets have struggled across the world in recent years, including in Hollywood.
The house has pleasant memories for the Stoke-on-Trent-born singer, since he married his actress partner Ayda Field in the grounds in 2010, with whom he had his 8 month old daughter Theodora.
The property offers the new owner a number of luxurious features, including a secluded swimming pool, and a 2 bedroom guest house – also with its own pool. Another building features a garage with capacity for four cars, and another bedroom.
Among the many world-famous neighbours in the area are Avril Lavigne, Paris Hilton and Beach Boys frontman Brian Wilson.
While Robbie and his family may be sad to say goodbye to their luxurious property – particularly having made a loss of £200,000 – they can console themselves with the fact that they will no longer have to pay unoccupied property insurance on it. They can also take heart from their nearby Beverley Hills mansion: located just half a mile away, the six-bed property includes its own recording studio.
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