Belfast Telegraph

Ian Paisley left £650k in his will, including an apartment by the sea

By Staff Reporter

Former First Minister Lord Bannside left an estate worth almost £650,000 to his widow Eileen when he died in 2014, it has been reported.

According to newly filed probate documents, the former DUP leader specified that his wife was to receive his entire estate.

Lord Bannside's total gross estate was valued at £644,755, with his net estate valued at £638,233.

In the event of his wife's death, he requested that a property at Sharman House in Crawfordsburn, Co Down, be left to his daughter Rhonda.

The rest of his estate was to be divided equally between his children Sharon, Rhonda, Cherith, Ian and Kyle.

For most of his life Ian Paisley lived at a manse house on Cyprus Avenue in east Belfast.

That property was part of his Martyrs Memorial Free Presbyterian Church, where he was minister.

The church bought him a three-bedroom apartment in Sharman House, which he moved into after retiring in 2012.

It is understood that Lord Bannside and his wife could use the £300,000 property for their lifetime, but could not sell it.

However, the Sunday Times reported yesterday that Lord Bannside started paying the mortgage on it, and the property does form part of his final estate.

Rhonda Paisley reportedly oversaw redecoration of the apartment, adding bulletproof glass and other security measures.

Sharman House is located in the 20-acre Sharman Estate, and comprises 20 apartments contained within a stately home with magnificent views over Belfast Lough and across to the coast of Scotland.

A similar property in the complex recently sold for £325,000.

Lord Bannside was born Ian Paisley in Armagh in 1926, but was brought up in Ballymena, Co Antrim.

He gave his first sermon at the age of just 16 and went on to become one of the founders of the Free Presbyterian Church.

He was also one of the founders of the DUP in 1971, and went on to serve as First Minister in 2007.

Belfast Telegraph


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