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EXCLUSIVE: Raheem Sterling is building £7million five-bed luxury mansion after paying £2.3million for a 3.5-acre plot of land owned by King Charles (and will have to pay the monarch yearly rent)

Related Topics: Raheem Sterling

Raheem Sterling has paid £2.3million for a plot of land owned by King Charles – and is building a sprawling £7million luxury mansion on it, MailOnline can reveal.

The England star snapped up the desirable 3.5-acre plot owned by the Crown Estate in Ascot, Berkshire, a short drive from his club Chelsea's Cobham training base.

Because the land is owned by the Crown Estate, which holds and manages 'hereditary possessions' of the Monarch, Charles will effectively be Sterling's landlord, to whom the millionaire footballer will have to pay a yearly rent.

Building work on the star's new five-bedroom home is now well underway after he knocked down an existing house and outbuildings on the site.