Beyoncé and Jay-Z scrap reported £7.5m Cotswolds move over flood concerns
Beyoncé and Jay-Z are said to have pulled out of plans to buy a £7.5 million Cotswolds estate over concerns about flooding.
Beyoncé and Jay-Z have reportedly abandoned plans to buy a £7.5 million countryside estate in the Cotswolds after concerns emerged that the land was prone to flooding.
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The US superstars were said to be considering the purchase of a 58-acre plot with planning permission for a seven-bedroom home, fuelling speculation that they were preparing to establish a British base.
However, reports suggest the deal has now fallen through, with the site yet to be sold and instead being developed by another buyer.
According to claims cited by The Sun, persistent rainfall and the area’s flood risk are believed to have dampened enthusiasm for the move.
Interest in a potential relocation intensified last year following wildfires in Los Angeles, with the couple reportedly travelling by helicopter between London tour dates to view the Oxfordshire plot.
The location was said to appeal due to its privacy and high-profile neighbours.
Among those with homes in the area are US talk show host Ellen DeGeneres and her wife Portia de Rossi, as well as music mogul Simon Cowell and former England football captain David Beckham and fashion designer Victoria Beckham.
Television presenter-turned-farmer Jeremy Clarkson, another local resident, previously joked he had “no clue” who the couple were when asked about the prospect of them becoming neighbours.
Representatives for Beyoncé and Jay-Z have not publicly commented on the reports.