It seems that Kate Moss may become the latest victim of the UK property crash; the 37-year-old model is frantically trying to sell her five-bedroom Victorian home in Melina Place, London—even if it means she makes a £1 million (US $1.6 million) loss.
Moss bought the property in 2007, when prices in London were approaching their peak, for £8 million (US $13 million). According to reports, she has had little interest from buyers since putting it on the market for the same price, so the asking price has been slashed to £7 million (US $11.2 million).
Since she bought the London property, the UK model has redesigned the interior in her own distinctive style, including a neon-lit party area and a jungle-themed living room, features which may deter the more conservative buyer.
However Marcus Parfitt, an up-market London estate agent, thinks that the problem “might simply be that the Victorian house is not in a fashionable postcode. There have been no offers as yet. The problem with this one is that you’re not in one of the chosen roads in the area.”
"It’s a little bit on the periphery and from a snobbery point of view some people have not gone for it because it’s in the wrong district. As a house goes, though, it’s lovely. If it were a few streets away, it would be much more expensive," he added.
Moss bought the home after splitting with partner and Babyshambles singer Pete Doherty, but has not had much luck with the property since moving in. In fact, she’s even gone so far as to suggest her house is "jinxed".
Last year the model’s home was flooded with sewage which caused £100,000 worth of damage to furniture, her shoe collection, and photographs by Mario Testino.