Johnny Depp gets a little cash infusion as he takes out a $10 million loan to spruce up his West Hollywood ‘castle’ after spending $650 million fortune on litigation with Amber Heard and reckless spending

Cash-strapped Johnny Depp has quietly taken out a $10 million mortgage on his overgrown Los Angeles castle as he struggles to revive his acting career.

He was forced to take out the eight-figure home loan with City National Bank – nicknamed the ‘bank to the stars’ for its bumper borrowing deals to A-listers – in March 2022 after blowing his $650million fortune on expensive litigation with Amber Heard and reckless spending, DailyMail.com has learned.

But the Fantastic Beasts star has largely abandoned the eight-bedroom pile in West Hollywood, and instead is spending most of his downtime at his island home in the Bahamas.

Depp is currently in Europe, on tour with Hollywood Vampires, the band he formed with Alice Cooper and Joe Perry. They played in London on Monday and are moving on to the Czech Republic.

His home in West Hollywood is showing signs of wear and tear after he largely abandoned it to spend his downtime at his island home in the Bahamas

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His home in West Hollywood is showing signs of wear and tear after he largely abandoned it to spend his downtime at his island home in the Bahamas

Trees are taking over the property that Depp bought for $2.15 million nearly 30 years ago

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Trees are taking over the property that Depp bought for $2.15 million nearly 30 years ago

Just like his title character's home in Edward Scissorhands, Depp's exotic looking castle is surrounded by much more modest dwellings

He paid a surprise visit to the boyhood home of Welsh poet Dylan Thomas after a show in Wales’s second city Swansea

Depp, 60, first purchased the eight-bedroom West Hollywood castle home complete with turrets and towers, for $2.15million in March 1995, and today, exclusive DailyMail.com photos reveal the property is looking worse for wear and in need of some TLC.

While the main property looks tidy enough, the grounds appear overgrown compared to a few years ago, when the trees and shrubs were kept trimmed to allow the swimming pool to capture some sunshine.

Pictured for the first time is a tatty-looking miniature castle, with ripped canvas-topped towers built on the right side of the unique 1930s property.

It is reminiscent of the castle where Depp character Edward Scissorhands lived in the 1990 movie as both are surrounded by much more modest properties.

Depp famously fell out of favor in Tinseltown after ex-wife Amber Heard’s assault allegations which culminated into the former couple’s explosive defamation trial last year.

He won the case but only after damaging revelations about his life were aired in court by his ex.

Having been dropped from the lucrative Pirates of the Caribbean franchise as a result of the accusations, Depp received a reprieve last year when a jury found in his favor and awarded him $10million in damages in the case against his ex-wife.

Depp is currently on tour in Europe with Hollywood Vampires, the band he formed with Alice Cooper in 2012
The Los Angeles castle is more than 7,000 sq. ft. with eight bedrooms and 10 bathrooms

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The Los Angeles castle is more than 7,000 sq. ft. with eight bedrooms and 10 bathrooms

Johnny spends most of his downtime on his Bahamian island Little Halls Pond Cay where he married Amber Heard in 2015

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Johnny spends most of his downtime on his Bahamian island Little Halls Pond Cay where he married Amber Heard in 2015

Depp looked at this home in Somerset, England, but was outbid and it has now been turned into a hotel but that didn't prevent a magazine claiming that he had bought a home with the exact same details, 35 miles away

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Depp looked at this home in Somerset, England, but was outbid and it has now been turned into a hotel but that didn’t prevent a magazine claiming that he had bought a home with the exact same details, 35 miles away

The trial outcome paved the way for his Hollywood comeback earlier this year in May, when he received a seven-minute standing ovation at the premiere of his latest film Jeanne du Barry at the Cannes Film Festival.

In the movie Depp pays Louis XV of France, whose affair with the title character scandalizes 18th century Paris.

Still, Depp’s earning power hasn’t been anywhere near his peak years. He is said to have received $3 million for Jeanne du Barry – much less that the $60 million he is reputed to have earned from the Pirates of the Caribbean series.

But he turned down an offer to return as Captain Jack Sparrow in the hit Disney films, preferring to tour with close friend and English guitarist Jeff Beck, who died in January.

According to friends Depp now spends most of his downtime at Little Halls Pond Cay, the Bahamian island he bought for $3.6 million in 2004 after falling in love with it while filming the Pirates movies.

Earlier this year Depp was said to have bought a home in the south-west English county of Somerset.

A local magazine even printed what it called an interview with him which it titled ‘Johnny Depp finds peace at his home in Somerset.’

He was quoted as telling the magazine: ‘I just love places with character. I have various houses in various places and they all mean something special.

‘I don’t have them just to say I own them, I have them for use and because they are a bit special.’

But DailyMail.com has learned he never bought the house in the village of Kingston St. Mary, although he had looked at another home which was eventually sold and turned into a hotel.

Reports of the lavish residence have been circulating for the past decade with the same photo and description: a 19th century estate, 850 acres, 12 bedrooms, eight bathrooms, walled garden, and purchased for around $16.5million in 2013.

Depp and ex-wife Amber Heard were embroiled in a bitter court battle last year in which damaging details of their marriage were revealed. A jury awarded him more than $10 millionJohnny Depp

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Amber Heard

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