Kate Moss Sells Her Money Pit Mansion for $16 Million
It turns out that far from stretching her bank account to buy a new $12 million mansion in London, savvy supermodel Kate Moss actually made a killing by selling her trouble-prone previous residence for a whopping $16 million. As we reported last week Moss and rock star boyfriend Jamie Hince just moved into an historic brick estate in Highgrove with a literary history. Prior to that she'd been living in another mansion in posh St. John's Wood which had become something of a nightmare. In recent months Moss had been plagued by both flooding and burglars, while neighbors prepared to begin noisy construction work. Now the London Telegraph reports that despite all the problems she just unloaded the old place for an impressive $16 million, pocketing a cool $4 million by moving to new digs. Of course, as we noted in our earlier report some of that will go toward luxe upgrades in her new place, including a karaoke room and private gym.