LONDON (Bywire News) - Boris Johnson is now raking in around £50,000 a year renting out a £1.2m, Grade II listed Oxfordshire mansion, it can be revealed.
The PM's new source of rental income was declared in the latest Register of Financial Interests on May 4 (released to public on May 17).
The four-bedroom Oxfordshire property comes complete with its own swimming pool, outdoor tennis court, and maintained gardens.
The property is now earning the PM approximately £4,250 a month, and is being rented out a 12-month minimum term contract.
The building was listed on the rental market by estate agents, Strutt & Parker, in April - and has clearly now been snapped up.
At the start of May, Boris Johnson was ridiculed after reportedly telling friends that he needed at least £300,000 a year 'just to get by'.
The Prime Minister currently lives rent-free in a flat above Downing Street, and just this week it was also revealed that he spent around £27,000 - around the same wage as an NHS nurse - on takeaways.
With his Prime Ministerial salary of £161,401 now being supplemented by an additional £50k - on top of other income, such as monthly book royalty payments - Johnson is getting closer to his own extraordinarily lavish 'minimum wage'.
Johnson and his former wife Marina bought the property together for £690,000 in 2003. It is estimated to have almost doubled in value in the 18 years since.
[Writing by Tom D. Rogers, editing by Jessica Miller.]