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Lotto lout Michael Carroll sells his wrecked party mansion... for a loss of £600,000



By Daily Mail Reporter

Last updated at 1:41 PM on 9th August 2010




This is the foul wreckage inside Lotto lout Michael Carroll's dream home which he has just been forced to sell making a staggering £600,000 loss.

The 27-year-old former bin man, who won £9.7million on the Lottery eight years ago, trashed his Norfolk mansion during years of drug-fuelled parties.


Carroll, who paid £340,000 for the five-bed home named The Grange, shelled out another £400,000 on an extension, pool, jacuzzi and refurbishment.



article-1301508-0ABC7C8F000005DC-309_634x420.jpg Wreckage: Michael Carrol sold his Norfolk mansion, The Grange, for £142,000 after years of wild partying left it a complete mess




article-1301508-0ABC7A72000005DC-38_634x417.jpg Grand plans: Carroll extended the property with a swimming pool and jacuzzi but it is now in need of repair


But the lotto loser finally sold the mansion last week for £142,000 - making a £600,000 loss.

Inside the mansion, debris is strewn across the floor and kitchen units have been ripped from the walls.

Graffiti reading 'Mikey joy rider from hell' is scrawled on walls and furniture, old tyres and tonnes of earth have been dumped in the garden.


article-1301508-02CD79730000044D-835_306x499.jpg Moving on: Carroll says he is happy to be leaving the mansion as it holds bad memories


Windows which were not boarded up have been smashed by thieves and vandals.

Carroll, who has frittered away his fortune on women, alcohol and drugs, said: 'I'm glad the house has been sold, it holds bad memories.'

A friend said Carroll plans to invest the money from the sale in an internet gambling site, buy a £10,000 car for his girlfriend Gemma Peake and take 18-month-old daughter Faye on holiday to Spain.

He said: 'He's been desperate to sell that house because he needs some money. It was the last asset he had.

'All the new bedrooms and kitchen units have been ripped out over the years. It's been sitting there for ages. It's been the house no one wanted to buy.

'He's going to put some of the money into an internet business run by a mate. It's an online gambling site for horse racing, but is different because it only takes bets on donkeys.

'If it works he'll get a good return. It's not like a normal bookies - they only take bets on horses which have got no chance of winning.

'Mikey puts the money in but he won't lose it because 98 per cent of the time the horses will lose.

'The thing is he's never been very good with money. He'd invest in something then take it straight out because he needs quick cash.

'He's learned and knows this is his last chance and once he's got through it there's nothing left.'

The penniless lout has spent his fortune and had hoped to return to his old job as a £200-a-week bin man after being made bankrupt in February but did not get the job.

He sold the house on Thursday to Peter Mears, a travel agent from Norfolk, who plans to renovate and move in.

article-1301508-0ABC7C30000005DC-886_634x388.jpg Gutted: Many of the rooms now lie empty as furniture and valuable goods have been stolen


article-1301508-0ABC7DFC000005DC-984_634x416.jpg Left in ruins: Rubbish has been dumped in the grounds of the neglected mansion in Norfolk


If the house in Swaffham, Norfolk, had been kept well, Carroll, now living at nearby Downham Market, could have received up to £700,000.



His ex-wife Sandra will get half the cash from the sale and after paying estate agents and solicitors, he will be left with just £63,000.

He has also racked up Asbos, motoring offences, criminal charges and a prison sentence.

He moved from The Grange in 2004 to a £350,000 ranch-style home in Downham market before moving again in the town to a modest new-build semi.


article-1301508-00620B3000000258-856_634x391.jpg In good condition: The Grange before it was destroyed







article-1301508-009EA44A1000044C-630_634x408.jpg Wasted: Carroll won £9.7million in 2002 but has since racked up ASBOs, motoring offences, criminal charges and a prison sentence




article-1301508-02A230E30000044D-551_634x457.jpg View from above: The three-acre field at the back of the house became littered with the remains of dozens of crashed and burned out cars


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Guest howyousawtheworld

Remember seeing this waster in life a few years back on the news with his pathetic boy racer races in his back garden. Tit.

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