Duncan Bannatyne slices £100,000 off asking price of his former marital home
Listed in June 2013 for £899,000 according to Zoopla and now reduced to £799,995, Duncan Bannatyne OBE’s troubles with selling his home near Middlesbrough were detailed in yesterday’s ‘City Diary’ in The Telegraph.
The woes of Bannatyne – who stars as a business angel on the BBC programme Dragons’ Den and whom is looking to “start a new chapter” in his life– have been well documented. Reports that his fortune have dwindled from £430 million to £85 million have peppered the press since 2012 when he divorced for the second time and when also the value of his businesses slumped.
Two stories to keep beside you

Reducing a view
Cheyne Walk residence for sale for £4 million less than it was previously marketed for A Chelsea house that has variously been home to Prime Minister Benjamin Disraeli, the actor Sir Rex Harrison and the author and Member of Parliament Ken Follett has been launched to the market at the price of £17,950,000 – […]

A paedophile’s palace
Asking price of the Wilmslow home where paedophile Stuart Hall abused at least one of his victims slashed to £995,000


5 Castlereagh adjoins the fourth hole of Wynyard Golf Club and is described as “contrasting Californian design with some of the best features of style and individuality”. It includes 5 bedrooms, 4 reception rooms and a double garage. “Designer fittings” by Villeroy & Boch, Sottini, Philippe Starck and Bang & Olufsen are to be found throughout the property and Bannatyne’s study naturally includes at least four computer screens.





Of the house, which is for sale through agents Manners & Harrison, Bannatyne has commented:
“It is a very relaxing house, although it is also a very fun house and I have hosted great parties in it. I love spending time in the kitchen. It’s a fabulous area and definitely my favourite part of the house”.
Given the lack of interest thus far from potential purchasers in 5 Castlereagh, perhaps Mr Bannatyne might have to spend a little more time there yet.
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1 comment
Tasteless decor. No wonder no one wants it.