Price of mansion slashed from £15m to £2.5m after suspected arson attack

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Price of mansion slashed from £15million to £2.5million after suspected arson attack

A £15 MILLION stately home is on sale for a cut-price £2.5 million after it was gutted in a suspected arson attack.

A £3million agreed sale fell through so it is back on the market at £2.5million in the hope it will be snapped up amid fears the external walls could collapse. Any buyer will have to spend millions on rebuilding and restoring it with all work approved by Historic England. A spokesperson for Historic England said: "We are aware that the hoped-for sale of Grade I listed Parnham House has fallen through."The property remains vulnerable, and a rapid resolution is needed on the sale of the property to allow repair and restoration works to begin.

 

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