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Manchester Evening News
Manchester Evening News
National
Phoebe Jobling

'We bought a run-down drug den for £225,000 and spent £2 million transforming it'

A couple who bought a run-down 'drug den' have spent millions transforming and restoring it to its former glory. Reg and Elizabeth Price say they made a 'daft' offer for a 200-year-old property which had fallen into disrepair and been taken over by squatters.

The pair bought the abandoned house for £225,000 back in 2013 and have spent the last decade renovating it, which has cost them around £2 million. The couple have since managed to turn the depilated graffiti-covered home in Cornwall back into a stately home.

The now-beautiful Regency Grade-II listed home, which boasts 29 rooms, was built between 1810 and 1815 but had been left derelict for six years and was reportedly being used by drug addicts.

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Back in 2013, the couple put in a bid and say they were 'amazed' after it was accepted despite the building almost collapsing. Every window was smashed, doors kicked in, historic features destroyed, the roof collapsing and all electrics and leads stolen.

The couple, from London, restore abandoned or derelict homes into stunning flats and properties for a living. Former conservation officer Elizabeth, 72, had heard about the house from a friend and 'fell in love' the place.

The roof was collapsing when the couple bought it (SWNS)

"We came up here one day, there's six acres of grounds and all the flowers were out. It was just so beautiful so we fell in love with it," Elizabeth said. "The former owners originally wanted 750k, but it was in such a derelict state, it was clear a lot of work would be needed to restore it. We made a daft offer of £175,000, and amazingly after some negotiation we got it for £225,000."

She added: "Nobody had lived here for around six years, and it was full of rough sleepers and naughty boys doing drugs and stealing everything. Everything had been stolen, including all of the fireplaces except one and most of the window's glass. We spent months picking up needles in the garden and the house too."

Inside the house before the transformation (SWNS)

The couple have spent years renovating every room, roof, cellar, garden, staircase - and even the ballroom. "The roof had totally failed, and so when I came in the entrance hall one August afternoon not long after we had bought it, the whole ceiling had gone," Elizabeth said.

"The entire roof also needed replacing which cost £100k alone. Rainwater had just flooded all the way through the house and destroyed much of it, I remember just bursting into tears at the sight of it," she said. "Some of the work on the house included replacing all of the plasterwork in the building - costing nearly £250,000 for replacement and asbestos removal.

''Squatters had lit a fire in the middle of one of the rooms. We had to board the place up and hire security at £70,000 a year. Repairing it was a whole-family job, and the dry rot in some parts of it will never dry out, but it's looking fantastic now."

The house has been brought back to life (SWNS)

The couple do not live in the house as they say it is 'so large' and instead spend most of their time at their seaside cottage.

Elizabeth has re-furnished the house almost entirely with era-appropriate furniture bought off Facebook Marketplace and eBay. Work on the house was largely funded by the sale of another renovated derelict property in Waterloo, London.

Columns and staircases have been restored and fireplaces put back in every room - using virtually all local tradesmen.

The couple at the restored home (SWNS)

Reg, 73, who worked in marketing for Unilever before retiring, says that at one point there were 18 work vans outside the building. He said: "When we bought the house there was no glass in windows, it was all boarded up.

"The first thing we did was to take off all the boards and put metal grills over the shattered windows to let in air to dry any rot. After that we replaced the roof to stop the leaks.

"For at least two years we had to maintain constant day and night security to keep youths and the homeless out. It was hard turfing people out, we felt bad, but we wanted to save the building.

"After the roof and windows, we left the house for about five years and returned to do the inside later. We had to remove all the doors and dry them horizontally to keep them in shape."

The house now looks beautiful (SWNS)

Reg added: "We had a lot of difficulties with the Grade-II* listing as well - but the house was just so ruined when we found it, without extensive work it would have collapsed within years.

"There was also a huge problem with asbestos, but thankfully the council were very supportive and we're really happy with the final result.

''We wanted to downsize but ended up upsizing again when we bought this house. It's just too big for the two of us. But we've certainly put a lot of time, money and passion into it."

The house has been completely transformed (SWNS)

Elizabeth says she hopes to use the building to support local charities and social groups such as the Scouts. She said: "We now use the space for wellness events, to host awards ceremonies and are hoping to use it to support the local community. Everyone has been very supportive of the work we've done. It was very expensive, but it was worth it in the end to save such a treasure."

She added: "We may own this house in name for few more years - but it belongs to Camborne. I want it to be used by the people of the town."

The couple built two blocks of flats at the back of the property and converted a barn into a house to generate funds to pay for the renovation.

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