Katie Price’s ‘mucky mansion’ is turned into a building site

Katie Price’s ‘mucky mansion’ is turned into a building site as she kicks off renovation work to ‘build a gym, horse exercise arena and beauty studio’… amid ongoing financial woes

  •  The former glamour model, 41, is creating a gym, beauty studio and horse exercise arena at Sussex property
  •  Builders descended on the house, with a series of machinery and tools strewn across across the grounds
  •  Renovation work is yet to reach the tennis court, which has become overgrown and barley recognisable 
  • The star narrowly avoided bankruptcy at a High Court hearing in December 2018 – facing £2.1million debt

Katie Price has kicked off renovation work on her ‘mucky mansion’ with the property being turned into a building site as she plans for a big showbiz comeback amid her recent financial woes.

According to The Sun, the former glamour model, 41, is creating a gym, beauty studio and horse exercise arena in a bid to transform the grounds of her Sussex estate. 

Over the past year, Katie’s house has sat in decay with unkempt facilities and overgrown grounds after she narrowly avoided bankruptcy in December. 

Renovations: Katie Price has kicked off renovation work on her ‘mucky mansion’ with the property being turned into a building site as she plans for a big showbiz comeback amid her recent financial woes

On Tuesday, builders were pictured descending on the house, as a series of tools and machinery were seen strewn across across the grounds. 

Photos of the decaying house show enormous mounds of soil piled on the driveway, scaffolding surrounding the exterior walls and diggers setting to work ploughing up the garden. 

And a huge area in her Sussex garden was dug up, presumably for the horse exercise arena as she transforms the decrepit home.  

Renovation work is yet to reach the tennis court, which has become overgrown and barley recognisable. The mother of five’s swimming pool has seen better days, with a brown sheet covering the stagnant water.

Showbiz career: According to The Sun , the former glamour model, 41, is creating a gym, beauty studio and horse exercise arena in a bid to transform the grounds of her Sussex estate

Unkempt: Over the past year, Katie’s house has sat in decay with unkempt facilities and overgrown grounds after she narrowly avoided bankruptcy last year

It comes as Katie plans the extensive renovations as she plans for a big showbiz comeback amid her recent financial woes. 

This comes after the star narrowly avoided bankruptcy at a High Court hearing in December 2018 – facing a debt of £2.1million. She was once said to be worth £40 million.

A source told the website: ‘Katie’s planning this huge showbiz comeback and thinks she’ll be a millionaire by the end of the year, so spending money on the house is actually an investment.

Building site: Photos of the decaying house show enormous mounds of soil piled on the driveway, scaffolding surrounding the exterior walls and diggers setting to work ploughing up the garden

Dug up: a huge area in her Sussex garden was captured dug up, presumably for the horse exercise arena as she transforms the decrepit home

‘She’s building a beauty studio where she can film YouTube videos as part of her new vlogging career, and a small gym that Kris can work out of – something she always promised Kieran but didn’t do.

‘She thinks she can return the house to its former glory at the same time her career takes back off. Then she can show it off on the reality show too.’

MailOnline has contacted Katie’s representative for comment. 

Overgrown: The mother of five’s swimming pool has seen better days, with a brown sheet covering the stagnant water

Work begins: On Tuesday, builders were pictured embarking on the house, as a series of tools and machinery were seen strewn across across the grounds

The mother of five, who split from her third husband Kieran Hayler last year, avoided bankruptcy at a High Court hearing in December, when she was allowed to enter into the Individual Voluntary Arrangement, a deal to pay back some of her debts.

A close pal allegedly loaned the star £22,000 to bail her out. 

The High Court was told that the petition to make her bankrupt had been dismissed.    The reality star was not at the court for the hearing, which lasted less than two minutes.

Woes: This comes after the star narrowly avoided bankruptcy at a High Court hearing in December 2018 – facing a debt of £2.1million. She was once said to be worth £40 million

In ruins: Builders was pictured getting to work on the renovations as they dug up the front garden and back yard

Decrepit: Scaffolding was pictured on the forn of the house as builders descended on the home

Deputy Insolvency and Companies Court Judge Middleton said: ‘This case has been dismissed after the parties concerned reached an out of court agreement.  

Court costs of £881 are to be paid in accordance with the terms of the IVO (Individual Voluntary Agreement).’ 

Outside court, a spokesman for HM Revenue & Customs (HMRC) added: ‘We are not the lead creditors in this case, but we are happy with the agreement. I can’t tell you who the other creditors are in this case at the minute.

Unkempt: Renovation work is yet to reach the tennis court, which has become overgrown and barley recognisable

‘We don’t have a specific date for the first payment and the amount has not been decided. Katie Price was not obliged to turn up to this court hearing today.’   

Jordan Trading was set up in 2003 and at the height of her earning power ten years ago.

She’s been ordered to pay her creditors within four years or her nine-bedroom mansion will be forcibly put up for auction to cover the debts.

Oh dear: According to The Sun , the former glamour model. 41, is building a gym, beauty studio and horse exercise arena in a bid to transform the grounds of her Sussex estate

But she will only have to pay back 41 percent of what she actually owes — the equivalent of £856,358 — in monthly instalments. 

In June 2019 it emerged  Katie’s business empire had suffered a fresh blow after one of her firms was struck off by government officials, six months after the star narrowly avoided bankruptcy.

The star had failed to file any accounts for ailing business KDC Trading Limited since 2017 and was warned in April this year the firm would be dissolved unless its books were received by Companies House.

Financial woes: This comes after the star faced a debt of £2.1million. She was once said to be worth £40 million (pictured February 2019)

Mansion: A source told the website: ‘Katie’s planning this huge showbiz comeback and thinks she’ll be a millionaire by the end of the year, so spending money on the house is actually an investment’

The star was told the deadline has passed and the firm will be broken up with any money left in its coffers will go to the Treasury.  

The firm used to sell her equestrian and clothing lines but the most recent accounts on Companies House reveal there is unlikely to be any cash left in the business. 

Books for the period ending April 2017 show debts of £22,000. In 2010 the firm had a bottom line of close to £500,000.  

She is also being probed by the government over the collapse of another firm which sank with big debts.

Woes: The mother of five, who split from her third husband Kieran Hayler last year, avoided bankruptcy at a High Court hearing in December, when she was allowed to enter into the Individual Voluntary Arrangement, a deal to pay back some of her debts

Liquidators have been brought in to break up Jordan Trading Ltd which handled cash from a range of products including clothing and perfume lines.  

A liquidator’s report into Jordan Trading shows that Katie took out a £154,000 loan from the firm before it went belly-up which she cannot repay and she also owes the tax man £192,000.

Now her conduct as the firm’s sole director is being looked at by a government department.

And if any wrong-doing in the running of the outfit is discovered she risks being banned from being a company director for up to 15 years.

Tough times: In June 2019 it emerged Katie’s business empire had suffered a fresh blow after one of her firms was struck off by government officials, six months after the star narrowly avoided bankruptcy (pictured June 2019)

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