Nick Ross’s shrewd property coup

The Crimewatch presenter's stark reminder of the madness of house prices.

Crime may not pay but, as the Daily Mail put its, Crimewatch certainly does. Nick Ross, the former presenter, has just sold his house in Notting Hill for about £35m almost 40 times what he paid for it. Ross bought the house in 1993 for £950,000. The then-owner was anxious to sell after three previous potential buyers had pulled out and Ross got a bargain, even if Notting Hill wasn't quite as fashionable in those days.

The house was in a bad state and Ross had to dig a huge hole for underpinning, says The Sunday Times. Shewdly, he took advantage of all the underground space to put in a swimming pool, ignoring friends who told him this was a "crazy" idea. Now, deep, light-filled basements are in vogue, especially if they've got pools in them. Then, in 2010, he did some modernising, according to The Sunday Times, adding a large extension to the second floor.

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