I've Wasted Pounds 250,000 On Cocaine, but Now I've Spent the Same On a Bargain Flat ; As Liverpool Property Prices Soar, a Canny Developer Hopes His Huge

Summary

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Until a couple of years ago, Sophie Anderton's life seemed all about latenight partying in London clubs, wasting her money on an expensive cocaine habit and developing a desperate emotional dependency on her men. Now, all three areas of her life have changed and a new, much cannier woman has emerged.

As part of her programme of transformation, the 29-year-old model spent most of 2005 gradually paying off a quarter-of-a-million- pound debt amassed from years of heavy drug abuse, and at last she is making a financial investment in her future. She has turned to Liverpool for her first tentative steps back into property investment.

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I've Wasted Pounds 250,000 On Cocaine, but Now I've Spent the Same On a Bargain Flat ; As Liverpool Property Prices Soar, a Canny Developer Hopes His Huge

'My uncle lives up here, so the idea of buying a place and coming up more often to see family made a lot of sense to me,' she says. 'I want to buy a house in London as well, but I'm not quite ready to do that yet, so I thought I'd get started in a smaller way. Buying a two-bedroom apartment in Liverpool seems like the ideal way to get back on to the property ladder.' When Liverpool was named European Capital of Culture for 2008 two ...

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