Pink Floyd legend David Gilmour slashes £5million from the asking price of his ... trends now
When Pink Floyd star David Gilmour and his wife, the novelist Polly Samson, put their spectacular seafront home on the market last year, they thought there would be a queue of potential buyers for the former ladies' bath-house.
I can disclose that the singer and guitarist, 77, whose band's hits include Wish You Were Here, has, however, been forced to slash the asking price by a staggering £5million.
At one third of the original price, it's thought to be the biggest cut in Britain since house values started falling a year ago.
However, the property in Hove, East Sussex, will hardly be cheap, as the new asking price is £10million.
'In the current climate, you have to be realistic if you want a property to sell,' one agent tells me.
Lovely: When Pink Floyd star David Gilmour and his wife, the novelist Polly Samson, put their seafront home on the market last year, they thought there would be a queue of buyers
Big plans: Gilmour and Samson have faced stiff opposition from locals regarding the property
Dark side of the market: The singer and guitarist, 77, whose band's hits include Another Brick In The Wall, has, however, been forced to slash the asking price by a staggering £5 million
Gilmour and Samson, 61, endured bitter opposition from locals to the transformation of the former Victorian bathhouse, which has views across the English Channel as well as a courtyard garden, a recording studio and ample parking.
It also has an open plan kitchen, living room, dining room and hall, as well as a study, library, snug, gym, and five bedrooms.
The couple bought the derelict Medina House baths in 2015 and finally secured planning permission for the rebuild in 2017 in the teeth of opposition from residents and historical conservationists.
Gilmour, who has an estimated fortune of £140million, and Samson were condemned and their plans called 'appalling and disrespectful' and nicknamed 'Polly's Folly'. But the bathhouse was demolished in 2018, and architect Keb Garavito Bruhn was brought in to design the new residence.