SCOTTISH entrepreneur Michelle Mone has put her South Lanarkshire mansion up for sale – at an “offers over” price £100,000 less than she paid for it.
Baroness Mone is selling the five-bedroom new build on the outskirts of Glasgow after she bought the property with now ex-husband Michael in 2008 for £1.5m.
Mone took full ownership in 2015 after a tussle for the property following the couple’s split in 2011.
The luxurious mansion in Thortonhall is on sale for offers over £1.4m.
It is believed that Lady Mone no longer wants a base in Scotland, with the property on the market for offers over £1.4m.
Michael Jones, a partner at estate agents Knight Frank, told a newspaper he believes Mone wants to concentrate on her business in the UK capital.
He said: “The reason behind the sale is that Michelle doesn’t really live in Scotland anymore.
“Her main base is in London. She has business interests worldwide so the house is surplus to requirements.
“It would be nice to think it might command a bit more than the asking price.
“It might have been marketed as a higher price in the past, but it did not sell at that. It has been kept immaculately and has been used very little.
“It is cracking house.”
Pictures of ‘Teleperion’, in Thorntonhall, show the magnificent house in all its glory with a gorgeous hallway limestone floor and an elegant curved stairway to the first floor.
The kitchen includes includes Edwardian style units have walnut and hand painted finishes.
There is even a cinema room with eight lounger chairs looking onto a widescreen tv.
Not to mention an stylish home bar for hosting guests and 5 stunning glossy bathrooms.
Lady Mone, 47, who was raised in a tenement flat in the East End of Glasgow, didn’t even have a “proper bathroom” until she was 12.
She built lingerie empire Ultimo with former husband Michael and was awarded an OBE and made a Conservative life peer by David Cameron in 2015.
In 2012, her Thorntonhall property was placed on the market for £1.6 million, but no buyer was found.
In 2015, she angered many by voting in favour of cuts to working tax credits.
She tweeted that people should never “look for excuses” and “be proactive” the following day after the vote.