Charlotte Church squanders her life savings on a new business venture, throwing her plans into disarray.
CHARLOTTE CHURCH recently “spent all of her life savings” on a purchase.
Charlotte Church previously revealed her plans to open an eco-friendly wellness retreat in her home country of Wales, before revealing that it would be a costly venture.
The former opera singer has taken the plunge and purchased a run-down house in the hopes of turning it into a lucrative tourist attraction.
The mother of three, however, has admitted that she has spent all of her hard-earned savings on the project.
Charlotte Church’s Dream Build, a new reality series starring the 35-year-old, will show viewers how she transforms a run-down house into a luxury wellness retreat.
The famous singer has admitted that it was a costly gamble, adding that she borrowed money from her parents as well.
Charlotte said the house is a total bombsite, with crumbling walls and collapsed ceilings, in a new interview.
She told The Independent, “I’ve squandered my life savings on this project.”
She went on to say that she got a £750,000 mortgage plus an extra £300,000 from her parents “because I gave them a whack of money as a teenager.”
Rhydoldog House, which has 49 acres of woodland and grounds, was previously owned by interior designer Laura Ashley.
Charlotte is reportedly worth £5.6 million, according to The Sun, after amassing a £25 million fortune as an opera singer.
The property has been transformed by her stepfather James and a team of builders.
Charlotte Church (@therealcharlottechurch) shared a post on her Instagram account.
Over the course of eight episodes, the reality show will follow the mother of three as she renovates her home.
Her new business will also serve as a wedding and glamping venue.
Charlotte is studying to be a “sound healing therapist,” which fits in with the wellness theme of the venue.
“I believe that [saving the world]can be accomplished by assisting people in relaxing, slowing down, facing themselves, finding beauty and nature, and being loving,” she said.
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She’ll contribute as well.
“News from the Brinkwire.”
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