Jimmy Savile's Penthouse Finally Sells After Price Crash
By Dominic Gover | February 23, 2013 4:44 AM EST
The home owned by Britain's most infamous child sex abuser Jimmy Savile has finally been sold - but only after £75,000 was slashed from the asking price.
Savile lived in the property at Lake View Court in Roundhay, Leeds, until his death in 2011.
It had been expected to fetch up to £325,000 until allegations of child abuse by the former Jim'll Fix It presenter surfaced last year.
Savile's reputation was destroyed by a litany of allegations by victims, who revealed the BBC star exploited his position to gain access to young children and teenagers.
As a result of the allegations, the value of the property plummeted.
His three-bedroom penthouse with a parking space eventually sold this month for £250,000. It also comes with stunning views of Roundhay park, visible from a balcony overlooking a clump of trees.
Now the gaudy residence, with gold print and animal theme decoration, is set to be demolished by the new owners, severing the link with Savile.
A spokesman for the Leeds-based business which purchased the Penthouse explained what will happen next.
New owner CXI 92 Ltd told the Daily Mail: "I'll be honest, we negotiated a good deal and we bought the property because of the low price.
"I can tell you that we are going to demolish the property and completely rebuild it before selling it or possibly using it as a rental property.
"We are going to demolish it in the next six months to two years because of the terrible, terrible condition it is in."
It is not clear what will happen to the proceeds from the sale. Savile's estate will get the money, but its assets have been frozen by the executor, NatWest bank.
Thirteen police forces investigated allegations against Savile after his death, uncovering a reign of abuse which lasted decades.
The scandal also rocked the BBC when it was revealed the Corporation repeatedly failed to take action to stop Savile. Director General George Entwistle was forced to resign from his post, only weeks after being appointed.
To contact the editor, e-mail:
Most Popular Slideshows
- Forever Lost: Indescribable Anguish for Malaysia Airlines MH17 Families, Remains of Some Victims May Never Be Found (PHOTOS)
- Taylor Swift Named Forbes' Second Highest Paid Country Musician [PHOTOS]
- Lunch with the Gods: Pope Francis Eats with Vatican Workers in Cafeteria
- Kate Middleton Pregnancy Report: Duchess Expecting a Baby Girl, Prince William Wants 3 Kids [PHOTOS]
Join the Conversation
- 2014 Meteor Shower: Where to Watch Delta Aquarids July 28-29 Peak Online, NASA Cameras Spotted Start of Perseid Meteor Shower
- UFO Sightings: Mysterious Bright Lights Spotted Flashing over Toronto, Witnesses Share UFO Sighting Experience on Social Media [VIDEO]
- Viral Wedding Photo: Amy Hicks Reveals True Story behind Viral Photo that Created Trending Hashtag on Twitter #westillcoming
- Six-Year-Old Canada girl Dies after Hit by Sedan in Crowded Store
- New Zealand-Born IDF Soldier Killed in Gaza Attack Amid Ceasefire Promises
- Google Nexus 6, 8 with Android L on Release Date Promises Killer Mobile Device Experience
- iPhone 6 Release Date Relevance to iOS Newbies: Specs Meaning, Price Considerations
- Killer Whales Gobble Japanese Whaling Crew
- 12-inch MacBook Apple Retina and 2014 MacBook Pro to Feature Liquid Sensors, Release in October
- The Pirate Bay Releases ‘The Mobile Bay’: Mobile Torrent Download Made Easier but Remains Illegal
- Travel at Own Risk; Emirates, Qantas Differ on Flying over Iraq Warzone; Emirates Reroutes, Qantas Pushes On