'We bought a run-down drug den for £225,000 and spent £2 million transforming it'
A couple who bought a run-down 'drug den' have spent millions transforming and restoring it to its former glory. Reg and Elizabeth Price say they made a 'daft' offer for a 200-year-old property which had fallen into disrepair and been taken over by squatters.
"We came up here one day, there's six acres of grounds and all the flowers were out. It was just so beautiful so we fell in love with it," Elizabeth said. "The former owners originally wanted 750k, but it was in such a derelict state, it was clear a lot of work would be needed to restore it. We made a daft offer of £175,000, and amazingly after some negotiation we got it for £225,000.
''Squatters had lit a fire in the middle of one of the rooms. We had to board the place up and hire security at £70,000 a year. Repairing it was a whole-family job, and the dry rot in some parts of it will never dry out, but it's looking fantastic now." Reg, 73, who worked in marketing for Unilever before retiring, says that at one point there were 18 work vans outside the building. He said: "When we bought the house there was no glass in windows, it was all boarded up.
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