Sounds insane that Justin Bieber could rent a London party pad for a whooping £108,333, right? But he just did it because he has no reasons not to.
Reports confirm the “Love Yourself” singer is planning to make the luxury home in North London his humble abode.
According to a report from Metro, the property was constructed in 1910 but has gone through high level renovations.
A real estate tycoon reportedly bought it in 2006 for £5 million.
Fast forward from 2006 to 2016, that’s a gap of ten years, and the cost of renting the home for a period of one year now stands at an estimated £1.3 million, according to the report.
Any lucky buyer who wants full ownership of the pad must be willing to cough out an outrageous sum above £25 million.
The classic luxury home boasts of a bathroom made from 12 types of Italian marble, a spa, tennis court, a wine cellar and an outdoor pool among other attractions.
With the cost of renting the house for a year being over £1.3 million, one might want to ask why Justin Bieber isn’t cashing out to own it.
The home advertized for sale in 2011 and finally sold at £25 million. Its estimated value at this time can’t be less than that amount, not even with Brexit in our minds.
The house is said to be of great significance to the high and mighty so spending a month or two won’t be a bad idea for the 22-year-old. Bieber needs to “love himself”, you know.
Metro confirms the home is in one of North London’s quietest suburban streets. The luxury pad has also served as home to aristocrats and foreign diplomats.
Aree Rand, a partner at Knight Frank, told the Daily Mail: “This is one of the capital’s most luxurious homes and offers state-of-the-art facilities including an indoor and outdoor pool, a spa, tennis court, home cinema and wine cellar.
“Roads such as this continue to hold massive appeal amongst the rich and the famous, and this is one of the few areas in London to offer larger properties with huge, secluded gardens.
“The house also offers complete privacy, something essential for someone of Justin’s pop star standing.”
Image: Justin Bieber