Revealed: Simon Cowell accepted offer of £15million for his Holland Park mansion when he quit London to move to the country after terrifying home invasions
- Cowell, 63, bought the big house 13 years ago but went off it after its problems
Simon Cowell sold his home in Holland Park for £15million after becoming desperate to quit London.
The X-Factor star, 63, has been keen to quit the capital after a string of problems at the huge property.
They included home invasions by two intruders — one of whom stole £1million in jewellery – and even flooding two years ago.
Just months ago it was alleged that a criminal gang had sold the exact lock to his front door — which left him shocked and horrified.
The sale price was revealed today by a specialist property lender who said they had closed a £5.5 million loan for the new buyer.
Simon Cowell on America’s Got Talent this week, which broadcast live from the Pasadena Civic Auditorium
Cowell’s house has now been sold for £15million after he put it up for sale to escape London
Moving out: Removal men got to work clearing out Simon Cowell’s possessions on Tuesday after he quietly sold his £15 million mansion in Holland Park last week
Cowell had bought the property 16 years ago but decided to leave after a reorganisation of his life and businesses.
In 2020, Cowell handed sole control of his record label, Syco Music, to Sony (which later shut it down).
Meanwhile, Syco Entertainment, the TV company which made The X Factor and Britain’s Got Talent (BGT), no longer has offices in the UK and has radically downsized. It is now an entertainment assets and licensing company, while BGT is made by Thames.
Having started as a record company executive — and had great success with singing actors Robson Green and Jerome Flynn — he became famous as a judge on the 2001 ITV show Pop Idol.
Packing up: After owning the home for 16 years he was keen to make a move after enduring a string of alarming events, with two giant vans seen outside his sprawling abode
Time to toast: Simon moving out of London is part of a recalibration of his life with a moving man holding what appeared to be a box full of wine glasses
He went on to find The X Factor and BGT franchises, which are globally successful.
He remains a judge on America’s Got Talent and Britain’s Got Talent, and last year launched a TikTok songwriting platform, StemDrop, in conjunction with Universal Music.
The new buyer of the home is another so-called high net worth individual, but their identity is not known nor how they made their fortune.
The Georgian property sits in one of the most exclusive areas of London, with celebrity neighbours such as Ed Sheeran and David Beckham.
But the buyer had to take on a specialist property lender called Cohort Capital to reach enough funding to secure the house.
Matt Thame, founder of Cohort Capital, said: “Given the current turbulent market conditions, time is of the essence more than ever in the luxury real estate sector, and we’re delighted to have been able to close this deal in less than a week.
‘Our expertise in the industry has proved to be the X factor for our clients, as we understand the importance of speed, reliability and flexibility in securing finance.”
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