What financial downturn? Mandelson shows how to play the property game with £600k profit | Mail Online
Lord Mandelson earned £600,000 on the sale of his previous home.
The 58-year-old former Business Secretary bought the property in Regent’s Park, North London, for £2.4 million in 2006.
Within two years he claimed to have paid off the mortgage. And by the end of last month, when the sale went through, the value had rocketed by 25 per cent to £3 million.
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