Shane Filan’s house not sold, despite reports
Published 11/01/2013 | 17:06
SHANE Filan's Co Sligo mansion has not been sold, an estate agent said today.
Reports suggested the house at Carraroe had been sold to repay debts to his liquidated building company.
However, Ken Draper of Sherry FitzGerald Draper in Sligo refuted the claim the ex-Westlife singer's home has a new owner.
"We are expecting instructions on this property but we certainly haven't even placed a value on it yet," he said.
"Due to the nature of the sale it will be required to be sold on the open market."
It understood father-of-three Filan and his wife Gillian moved all of their possessions out of the house last week ahead of a January 15 deadline.
They now live in Surrey where he has been declared bankrupt.
Friends say it cost Filan €3m to build the property which included landscaped gardens, a pond and a stream.
A businessman once offered him €10m for the home at the height of the boom.
It's understood the house will be put on the open market at the end of this month for around €1.3m.
It cannot be sold until after a creditors' meeting takes place in Dublin on January 22.
More than €18m is owed to creditors from the building company owned by Mr Filan and his brother Finbarr, €5M of that to Ulster Bank and Bank of Ireland.