Friday, June 24, 2022
NewsStunning mansion on sale in Edinburgh for £3m - including Fred the...

Stunning mansion on sale in Edinburgh for £3m – including Fred the Shred as a neighbour

A STUNNING mansion in one of Edinburgh’s most desirable areas is on the market – and included in the £3m price tag is Fred Goodwin as a neighbour.

The property in the exclusive Grange district of the capital boasts a cinema room, stunning garden, six bedrooms, five bathrooms and four public rooms.

And just just two mansions away in Oswald Road is the even bigger property of the former Sir Fred Goodwin, the man widely blamed for the near collapse of RBS in 2008.

Kinellan comes with five bathrooms and six bedrooms

The nearby Victorian mansion, on sale for offers over £3.1m, is in a leafy oasis of peace and prosperity just 2.5 miles south of the city centre.

Sellers Retties say the mansion – called Kinellan – boasts a garage for three cars with mews-style guest accomodation above.

The main house has a luxurious conservatory overlooking the beautifully laid-out garden.

The luxurious property is in one of the most desirable areas in Edinburgh

Retties say Kinellan is: “An exceptional Victorian family home, magnificently extended to offer flexible, open-plan modern living.

“Boasting a wealth of period features with luxurious fixtures and fittings, the property is set within beautifully maintained, secluded gardens and further benefits from mews-style guest accommodation above a triple garage.”

The new owner of the property may not see much of Mr Goodwin.

According to one local, the man nicknamed Fred the Shred, spends much of his time these days at an exclusive gold club near North Berwick, East Lothian.

“Fred spends a lot of his time down at Archerfield,” said the neighbour. “A couple of my former colleagues saw him sitting in the hot tub dispensing knowledge.”

He added: “The gas man came by his the other day carrying out checks said to me, ‘There was barely anything inside his house’. I don’t know if that’s because of the aftermath of him losing his job.”

Goodwin was dubbed Fred the Shred for his ruthless cost cutting at RBS.

The house also comes with a mews styled guest accommodation above the garage

The Scottish banker was knighted in 2004 for his services to banking but was stripped of the honour in 2012 after the government stepped with billions of pounds in taxpayers’ cash to stop RBS collapsing.

Mr Goodwin lives off a £450,000 a year pension pot, according to a media report last year.

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