DISGRACED MP Harry Cohen has put his “second home” on the market and is set to make up to £100,000 from the sale.

Mr Cohen, who is stepping down at the next election after being caught up in the expenses scandal, is putting a three-bedroom property in Woodcote Road, Wanstead, up for sale - with an asking price of £475,000.

An advertisement for the property on rightmove.co.uk said: “This 1920s-built spacious three-bedroom was formerly a four-bedroom house which has been converted and now offers three large reception areas, including a beautiful bespoke oak conservatory, a fitted kitchen with granite work surfaces and ground floor shower room.”

In a nod to Mr Cohen's left-wing past, a picture of revolutionary Che Guevara adorns the wall of his conservatory.

A report by the Parliamentary Commissioner for Standards last month said Mr Cohen's breaches of expenses rules were “particularly serious”.

The report found that Mr Cohen wrongly registered his Woodcote Road property as his second home, while spending most of his time there.

He also did not declare substantial income he received from renting a property in Colchester, which he said was his main residence.

Mr Cohen reportedly paid £375,000 for the Woodcote Road home, meaning the property has substantially increased in value.

Sir Ian Kennedy, chairman of the Independent Parliamentary Standards Authority, has said gains from rises in the value of second homes "should not be retained" by MPs.

Ed Northover, Conservative prospective candidate for Leyton & Wanstead, said: “As I previously said Harry Cohen got off lightly with the expenses.

“By standing down, although he has had to forfeit his £65k resettlement grant he now stands to make a substantial profit from the sale of this taxpayer-funded house.”

Mr Cohen has so far been unavailable to comment.

To see the property go to www.rightmove.co.uk

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