Thursday, March 25, 2010

X Factor house on the market for a song, as asking price drops by over half a million

By Daily Mail Reporter

X Factor: The property where Simon Cowell housed his talent show contestants is on the market for 600,000 less than this time last year


From Leona Lewis and Alexandra Burke to JLS and Jedward, the X Factor has proved a money spinner for many associated with the show.

But it seems that Simon Cowell's midas touch has not extended to the value of the house in which his contestants lived, as it has just gone on the market for £600,000 less than before it was associated with the show.

The six-bedroom property on upmarket West Heath Avenue in London's Golders Green had been valued at £6.25million when it first went on the market at the beginning of last year.


Teen idols: The West Heath Avenue house was mobbed by X Factor fans


But after failing to find a buyer, the property's owner rented it to the X Factor for the three month duration of the series.

Now it has gone back on the market at the reduced price of £5.65 million - depite a rise at the top end of the property market over the past 12 months.

The 6,000sq ft concrete and glass house boasts a gym, media room, a suspended walkway from the kitchen out on to a landscaped garden, and a fingerprint entry system.

Robert Kramer, of agent Glentree Estates, said: 'It's a stunning property and before it was let to X Factor we had interest from a wide range of people - from footballers to families.'


Modern: The 6,000sq ft house boasts a gym, media room, a suspended walkway from the kitchen to a landscaped garden, and a fingerprint entry system


When the talent show contestants moved to 15 West Heath Avenue last year, it was mobbed by fans of the hit ITV show.


Hothouse: Jedward were one of the acts that caused the Golders Green property to be mobbed


Jedward fans even threatened to create a diplomatic row after the Chinese Ambassador, who lives next door, complained about 'noise and disturbance.'

Madam Fu Ying was said to have become 'very irritated' by fans screaming, leaving litter and drawing graffiti on the gates.

Marcus Parfitt, who is selling the property, said: 'The inside had to be tidied up back to how it was before the X Factor contestants moved in.The boundary and the gates where fans had sprayed graffiti needed more done.'

Damien Kearsley, managing director of Kearsley which owns the property, added: 'We weren’t able to sell the house so we decided to let it out to the X Factor because we thought it would be good publicity.

We lowered the price and I think it makes the property good value for money now. It’s hard to say whether X Factor was good publicity, but it’s given it some history — each room’s got a different story.'


Vandalised: The property's boundary and gates were sprayed with graffiti by fans


Sale-ready: The house was cleaned up before going on the market again


source: dailymail

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