£3m Led Zeppelin mansion up for grabs


It was the Grade II Georgian mansion owned by Led Zeppelin's John Paul Jones and film star Adam Faith. Now on the market for £3m the six-bedroom East Sussex house - complete with tennis courts, pool and separate self-contained flat - pulls in uninterrupted views of Ashdown Forest.

But does a property owned by an A-lister add anything to its value?


One high-end property estate agent AOL Money spoke to played down the idea. "Yes, it's a bit of a cache. Not quantifiable value, really, but it does make it a bit more exciting." Another agent strongly disagreed: "They [celebrities] add value because their notoriety means the house is more noticeable. More interest is attracted, and as a result the price can go up."

Robin Chatwin, a director from high-end agents Savills, South West London, says there can be a cache in owning a property with a celebrity link, "but typically it has little direct impact on pricing. Though for certain buyers it might add some kudos value which could help the decision process as to whether they put in an offer."

As to Jones and Faith's house, "it was designed," gushes the Chesterton Humberts blurb, "to impress both inside and out, the room sizes and ceiling height are dramatic, the architecture sublime. The views from the principal reception rooms and main bedrooms are magnificent."

It goes on: "Oak panelling, original fireplaces and decorative plaster ceilings feature in the ground floor reception rooms." You'll need deep pockets for day-to-day living costs. The interior is in need of a revamp in places and the council tax if firmly in Band H, meaning a £3,362.02 charge for 2013/14.

Take that

But celebs can over-pay for their properties in the first place. Robbie Williams bought beautiful Compton Bassett House in Wiltshire for more than £8m back in 2009. But the property was back on the market earlier this year - selling for less than £2.5m than Williams originally paid.

Williams also bought an LA Mulholland Drive property for $3.7m in 2005, only to put it up for sale earlier this year for $2.17m. But living next to a bunch of very wealthy musicians can have a downside too - noise.

James Grillo, director of country homes at Chesterton Humberts told AOL Money that in his experience most celebs, even very successful musicians, tend to be very private - and quiet.

"They're often quite conservative in nature. We've heard of rockstars complaining of noisy pubs. And they hold a lot of sway because they're wealthy."