John Terry downsizes with move down the road

Buys Colin Montgomerie's former home

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John Terry's new home

John Terry's new home


Footballer John Terry has reportedly found a new home, just yards from the mansion he sold earlier this year.

You can take a virtual tour of the property by clicking on the image above.

The Chelsea player reportedly made a £10 million profit after selling his nine-bedroom mansion in Oxshott to Omani royals in January. General Sultan bin Mohammed al-Naamani made what was said to be an offer he couldn't refuse - £16 million - and Terry abandoned the house he'd worked so hard to improve.

Since then, he's been living in rented accommodation while house-hunting - and has finally decided to stay close to home. He's believed to have paid £4.3 million for the new property, just a few hundred yards from his old home and a short drive from Chelsea's training ground at Cobham.

The area's also home to his teammates Didier Drogba and John Obi Mikel.

Terry's new pad formerly belonged to golfer Colin Montgomerie, and is smaller than his previous home. It has seven bedrooms, six bathrooms, four reception rooms, and a two-bedroom staff annexe. According to the Daily Mail, Terry is spending around £1.5 million on refurbishing the property inside and out.

Terry has lived in the Oxshott area since 2003, when he bought a £2.25 million house nearby. He then remortgaged it to buy the £1.85 million property next door, which he transformed into a nine bedroom, eight bathroom mansion, complete with cinema room, steam room and staff accommodation.

Last year, he sold the first property for £5.25 million - but instead of moving into the new house, he accepted the Omani offer, which valued it at twice as much as most properties nearby.

Terry, then, seems to have done very nicely out of property - but things don't always go so well for footballing stars. This summer, Rio Ferdinand cut the price of his Cheshire house by £700,000 to £3.8 million after it failed to sell. Unfortunately, even this doesn't seem to have done the trick and the house is still on the market.

And despite the sky-high pay, some footballers end up in serious financial trouble. Paul Gascoigne, for example, has been selling autographed photos of himself on eBay for £20 a time.

And recently, ex-England goalkeeper David James announced that he was auctioning off a collection of football shirts, shorts and footballs, after being declared bankrupt earlier this year.

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