Footballers selling houses in Cheshire's 'Golden Triangle' slash prices
Football stars trying to flog their mansions have seen a Premier League price drop as they knock hundreds of thousands off the asking price.
The stars in Cheshire's 'Golden Triangle', the affluent towns of Alderley Edge, Wilmslow and Prestbury, and surrounding areas are having to slash the cost to secure sales. Current and former stars from top clubs including Man United, City, Everton and Liverpool, have been struggling to sell their homes.
England and Man City ace Phil Foden is the latest ace to knock hundreds of thousands off the price of his home in Prestbury. Among the other players and ex-players to reduce asking prices are former City captain Vincent Kompany, ex-Everton captain Tim Cahill and former England international Joleon Lescott. It comes after Alexander Isak's 'juicy' Man Utd offer and Pep Guardiola intervention to seal £51m deal.
Other footballers including Thiago Alcantara and Alejandro Garnacho have seen their houses languishing on the market for months with no buyers in sight. England star Foden has just knocked £300,000 off the asking price of his home with a new price of £2.95m.
His former team mate Kompany has also shaved off £300,000 with a new price of £3.65m for his home in Hale Barns. And former City star Lescott was forced to chop £250,000 off his home in Alderley Edge after originally putting it on the market for £4.5m.
Cahill has lopped off a massive £1.5m from his mansion in Hale after originally trying to sell it for £6.5m. The 'Golden Triangle' has been a hotbed of housing activity in the top end of the market fuelled by Premier League footballers in the area for years.
One local estate agent and mortgage broker said: 'What you have to remember is there's a very small pool of people who can afford properties like these. The super rich or other footballers. These are top end, high-spec properties.
'A lot of players have turned to renting property. They might only be at a club for a couple of seasons, so it makes more sense for them to rent rather than make a substantial investment.
'The prices associated with properties in areas like this mean they are only achievable to very wealthy business people or fellow players. The area is known for attracting wealthy residents. There's no evidence of widespread price drops, but prices can be flexible if someone is pushing for a sale.'
Other stars who have struggled to sell their homes in the area include former Liverpool star Thiago Alcantara whose £5.95m Knutsford home has been languishing on the market since December.
United winger Garnacho's Altrincham home has been sitting on the market since he put it up for sale in March for £3.85m.
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