Former Top Gear host Paddy McGuinness and his ex-wife Christine are encountering difficulties in offloading their lavish £3.5 million Cheshire residence, with the property lingering on the market despite significant price reductions.
A Stalled Sale in a Cooling Market
The six-bedroom mansion, located in the affluent area of Prestbury, Cheshire, was initially listed for £3.95 million in 2022 following the couple's separation. After failing to attract buyers, the price was slashed to £3.75 million earlier this year, and has since been reduced further to £3.5 million.
Property experts suggest the McGuinnesses' struggles reflect broader challenges in the UK housing market, where rising mortgage rates and economic uncertainty have dampened buyer enthusiasm for high-end homes.
Luxury Features Failing to Attract Buyers
The impressive property boasts:
- A grand entrance hall with double staircase
- State-of-the-art cinema room
- Indoor swimming pool with spa facilities
- Extensive landscaped gardens
- Six en-suite bedrooms
Despite these premium features, the home has remained unsold for nearly two years, with local estate agents noting a particular slowdown in the Cheshire luxury market.
Celebrity Real Estate Woes
The McGuinnesses' property predicament mirrors challenges faced by other celebrities trying to sell high-value homes in the current economic climate. The couple, who share three children, purchased the property in 2016 at the height of their relationship.
Christine has since moved to a £2 million property nearby, while Paddy has been primarily residing in the marital home during the sales process.
Industry analysts suggest that the property may need to see further price adjustments or wait for market conditions to improve before finding a buyer willing to meet the current asking price.
