Eye-watering seven figure sum Stacey Solomon paid for Pickle Cottage revealed – and she bought it WITHOUT Joe Swash
A source has revealed how much Stacey previously invested
STACEY Solomon splashed out a massive £1.3million on Pickle Cottage – and Joe Swash didn’t put in a penny.
She solely stumped up the cash for their Tudor-style Essex property, which is set in 2.5 acres and boasts an outdoor swimming pool.
It’s not known why Stacey, 34, went alone, as ex-EastEnders actor Joe is reportedly worth over £1million, but has also been made bankrupt twice in 2009 and 2013.
Shrewd Stacey has shown she’s a dab hand at running a wide range of successful businesses including TV, books, clothing and homeware ranges.
Her main firm Key Map Entertainments is worth just shy of £3million – but she’s now branching out into cosmetics.
The former X Factor contestant registered the company Belle & Rose Ltd last month, named after her youngest two daughters.
It has been set up for the “retail sale of cosmetic and toilet articles in specialised stores”. It’s unclear if this refers to kids or adult bathroom goods.
While the mother-of-five has raked in a fortune over the years, she’s also prepared to invest her hard-earned cash.
Key Map Entertainments accounts reveal that it shelled out £1.5million for a “fixed asset investment”, this is likely to relate to the purchase of a property such as an office or warehouse for her burgeoning empire.
This caused the firm’s cash levels to drop drastically, as the move meant it went from £1,744,274 to £934,158 “cash in the bank”, a drop of £810,116.
But it’s clearly a risk worth taking for Stacey as she’s in such a strong position career-wise.
She is also thought to earn £12,000 for every sponsored Instagram post and her Tap to Tidy books continue to make her cash.
Stacey made her first million in 2019.
