You might not expect the former star of The Prodigy, Leeroy Thornhill, to be into property but his latest investment, a windmill in a quiet part of Essex, looks set to make him a tidy profit.
Leeroy originally bought the Victorian windmill in 1998 for £350,000. And though at £850,000 it might not quite make him the sort of money The Prodigy has raked in from album sales, it’s still set to make a considerable profit.
In an interview with the Daily Mail published earlier this week, Leeroy explained how he bought the windmill to compensate for stress in his personal life.
“The music didn’t challenge me anymore and Sara [Sara Cox radio 1 DJ and former fiancé] was in a different world to me, being photographed all the time,” he said.
A full time international DJ, Leeroy has decided to leave Britain for good and put down roots elsewhere.
He told the Daily Mail: “I don’t like this country anymore, standards here have dropped. You work in your 30s and now I’m in my 40s I have decided what I want in life. I want to be in Europe”.
Usually associated with inner city penthouse apartments, sleepy windmills hidden in quiet corners of Essex are not the places one would expect to house superstar DJs.
The windmill has been described as ‘dramatic’ with Arabian charm. The ground floor living room is an octagonal shape with red carpets, cushions and sofas shipped from Dubai.
Windmills are of course a rather niche market but they do have a surprisingly large followings and – according to property expert Nigel Lewis from FindaProperty.com – can fetch up to 10-15 per cent more than properties of similar sizes.
“Unusual properties such as converted windmills are a double edged sword. On the one hand they can be difficult to insure and have maintenance aspects that put off a lot of people, and they can also take a painfully long time to sell. But on the other hand, when they do sell, they usually fetch considerably more – 10-15 per cent more even,” he said.
“People who buy these kinds of properties are often very determined and will pay extra as a result. Essentially, it’s just a question of finding the right person.”
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