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Article: Kinnocks to pocket [pounds sterling]1.25m profit on their Ealing home; House bought at [pounds sterling]445k for sale for [pounds sterling]1.7m.
- Article from:
- The Evening Standard (London, England)
- Article date:
- May 18, 2006
CopyrightCOPYRIGHT 2006 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: MIRA BAR-HILLEL;JONATHAN PRYNN
NEIL KINNOCK is set to make a [pounds sterling]1.25 million tax-free profit when he sells his London family home.
The six-bedroom house he and wife Glenys bought in 1992 for [pounds sterling]445,000 is for sale at [pounds sterling]1.7 million.
The former Labour leader bought in one of Ealing's best neighbourhoods in the wake of the late Eighties housing crash.
Now Lord and Lady Kinnock are said to be looking for a new home in the more upmarket Brondesbury Park to be near daughter Rachel and her family.
Lord Kinnock began life in a small terraced house in the Welsh valleys, then worth ...