OUTGOING Prime Minister Boris Johnson has put his London townhouse on the market for £1.6 million and looks set to make a £400,000 profit from the sale.
Johnson and his wife Carrie purchased the four-bed terraced property in July 2019 – at the same time as he was given the keys to Number 10.
The couple purchased the plush home for £1.2m, and now just over three years later are looking to sell it again – and make a profit while they're at it.
The Sunday Mirror reports that the Johnson's had planned to rent the three-storey property out for a staggering £4000-a-month but never got round to it after moving into Downing Street.
The home in Camberwell, south London, boasts 2100sq ft of living space and a 100ft rear garden. It includes four double bedrooms, original features, a double reception room, and three bathrooms.
Estate agents Davis and Gibbs said: “The property is finished to an excellent standard throughout. It retains many characteristics, including shutters, wooden floors and low-level cast-iron radiators."
It sits close to Myatt's Field Park, a community-run Victorian park the estate agents describe as a "hidden London gem enjoyed by families looking for a quiet life”.
It comes amid a property price boom after the Bank of England announcement last week that interest rates would be going up by 0.5%.
Where the Johnsons will live after leaving Downing Street in September is not known, but they do own a property in Thame, Oxfordshire.
Downing Street did not comment on the sale.
We previously told how Johnson described parts of the Downing Street flat as a "bit of a tip" while he solicited authorisations for renovations of the Number 10 flat.
The outgoing PM came under fire for the £200,000 redesign of the official residence paid for by a Tory donor, and evidence suggested he had lied about the funding of the refurb.