Three prestige properties which once adorned the portfolio of bankrupt developer Sam Thompson are on the market.
In January, Ulster Bank put one of his firms, Thompson Lennox, into receivership.
And Anglo Irish Bank is said to be pursuing Mr Thompson for personal debts of almost £90m.
Based in Magheralin, Co Down, his firms sell high-end, one-off country-style properties in Antrim, Down and Tyrone, some of which sold for over £1m at the height of the housing boom.
His companies – also including Thompson Developments, Redcliff Properties and Ballybreeze Estates – are said to owe more than £100m collectively.
Fred Dalzell -amp; Partners, an estate agents in Lisburn, is selling three homes on the instructions of Gregg Sterritt of FGS McClure Watters “acting as Fixed Charge Receiver”.
Drumeden House in Magheralin, once listed on the Thompson Developments website for £749,500, is now on sale for £350,000, although David Patterson, a director at Fred Dalzell -amp; Partners, said that this is due to the fact that the property is not yet finished.
The five-bedroom property is being “sold as seen” and several of its rooms still need to be fitted out.
Also for sale is Rosevale, a six-bedroom detached 4600sqft Georgian-style mansion set on a two-acre site.
The gated property is on sale for around £400,000 and the estate agents’ spokesman said that an offer has already been made on the house.
A third house, Brooke Hall in Loughbrickland, is also coming on the market soon.
The 7750sq ft home, set in four acres, was initially listed for a whopping £975,000 on the Thompson Developments website but is likely to be priced at £400,000 to reflect the unfinished nature of the property.
Mr Patterson added: “Brooke Hall is a much bigger property than the others but it requires a staircase, doors and electrics and that is reflected by the price.”