Wednesday, December 5, 2012

Amy Winehouse's London home sells for $3.2 million

LONDON (Reuters) - The London home where British singer Amy Winehouse died has sold for 1.98 million pounds ($3.2 million) at auction, after it failed to attract serious buyers on the real estate market.

The semi-detached Camden Square house where the musician died last year at age 27 had remained empty since it was put up for sale in May for 2.7 million pounds, but continued to draw flocks of fans paying tribute to the "Back to Black" singer.

Winehouse's family decided early in November to put the house to auction after "the estate agency route didn't work", property auctioneer Chris McHugh told Reuters on Tuesday.

Media reports suggested the family had been overwhelmed with viewing requests from fans, but not real prospective buyers.

"We had probably 50 to 100 viewings and we showed people around at all times of the day and night," McHugh said.

The 2,500-square feet (230-square-metre) four-storey property features three bedrooms, a large dressing room, two bathrooms and a sound-proofed music room and gym.

At an auction held on Monday in Piccadilly, bids started at 1.7 million pounds, reached the 1.8 million guide price and stopped just short of the 2 million-mark beyond which a 7 percent stamp duty applies on UK home sales.

McHugh said a middle-aged couple had secured the house at a price he believed was "about right" given property values in the area and the fact there were only five serious bidders that day.

The auction catalogue had made no reference to the former owner of the property, whose fans turned a nearby square into a candle-lit shrine in the days following Winehouse's death.

Winehouse, famous for her distinctive voice, beehive hairstyle and long battle with addiction to drink and drugs, was found dead in the house on July 23, 2011.

An inquest into her death found she had more than five times the legal driving limit of alcohol in her blood when she died.

($1 = 0.6213 British pounds)

(Reporting by Natalie Huet, editing by Paul Casciato)

Source: http://news.yahoo.com/amy-winehouses-london-home-sells-3-2-million-191507290.html

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