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She only put her Beverly Hills bungalow up for sale last month, asking $2.95 million for the plush property.

But Taylor Swift is clearly eager to get the sale out of the way, deciding to knock $100,000 off the asking price a mere five weeks later, bringing it down to $2.85 million.

The Bad Blood singer, 28, boasts an extensive property portfolio, but is said to be offloading some of her US residences, planning a move to the UK to be closer to her British boyfriend Joe Alwyn, 27.

Reduced: She only put her Beverly Hills bungalow up for sale last month, asking $2.95 million for the plush property. But Taylor Swift is clearly eager to get the sale out of the way, deciding to knock $100,000 off the asking price

New price: The stunning property features a vast spread of living space

The Beverly Hills single-storey house has 2,950 square feet of living space, featuresfour bedrooms, a large climate-controlled 1,000-bottle wine cellar and a chef's kitchen with top-of-the-range appliances.

Outside, there's a deck with a swimming pool and an entrance for an office/second property. 

Taylor has also reportedly installed an elaborate security system with 11 cameras, thanks to her notorious problem with obsessive fans.

Over the spring, Taylor sold her nearby mini-estate for $4 million, slowly putting her numerous LA homes up for sale.

On the market: Taylor has put her stylish Beverly Hills bungalow on the market for $2.85 million, dropping it in price

Lavish living room: The pop princess, 28, possesses an extensive property portfolio and is now planning to off-load her single-storey house with 2,950 square feet of living space

locations in leafy north London and Oxfordshire are allegedly being considered in her colossal $40 million budget for Taylor's UK abode.

Taylor's sprawling Beverly hills pad features a luxury pool area surrounded by a stone patio area and rich foliage, which can be entered via several glass openings throughout her home.

One of the rooms with a breathtaking view of the outdoor area is Taylor's living room which surrounds a huge plasma screen and fireplace.

Moving on: The home is the latest to be sold by the singer (pictured on her Reputation tour in London this weekend) amid claims she is house-hunting in the UK to be nearer to her British actor boyfriend Joe Alwyn, 27

Black and gold! The property flaunts large four bedrooms, including a chic white room with gold and black accents, which has a huge luxurious bed sitting on a cream fur rug

Pop of colour: Another of Taylor's four bedrooms offers splashes of burnt orange in the form of a cup-style chair and throw cushions as well as a piece of artwork

Gallery style: Taylor's kitchen in the Beverly Hills single-storey is a long and thin room which is lined with brown cupboards, leading to a diner-style booth which sits at the end of the room

One of the rooms with a breathtaking view of the outdoor area is Taylor's living room which features a dining table and large white sofa which looks out onto the pool

Its plush velvet sofas and reclining leather seats are situated around an elegant glass coffee table which is adorned with decorative touches.  

The property flaunts large four bedrooms, including a chic white room with gold and black accents, which has a huge luxurious bed sitting on a cream fur rug. 

Taylor's kitchen in the Beverly Hills single-storey is a long and thin room which is lined with brown cupboards, leading to a diner-style booth which sits at the end of the room. 

The house also boasts a 1,000 bottle-strong wine cellar which has no doubt been utilising during parties and dinners held at the songstress' home.

A swift sale: Taylor is looking to offload the residence asap it would seem

Love nest: The pop princess was believed to be hunting for a UK home to be nearer her to boyfriend Joe Alwyn, with a colossal budget of $40 million

Ready to party: The house also boasts a 1,000 bottle-strong wine cellar which has no doubt been utilising during parties and dinners held at the home

Modern: The kitchen in Taylor's home boasts top of the range appliances including a huge cooker which wouldn't look out of place in a restaurant's kitchen

Taylor's beautiful property is covered in modern art, which hangs in the entrance hall of the home, below a glass ceiling. 

Security conscious Taylor, who is known for being plagued with obsessed fans, also reportedly installed an elaborate CCTV system in the home which boasts 11 cameras.

Two men were arrested last month on separate occasions after trying to scale the walls of one of Taylor's properties in a bid to meet the star. 

Just over one week ago, Taylor offloaded one of her smaller properties in Beverly Hills for a cool $4 million.

The singer bought the 1.4 acre mini estate, which includes a three-bedroom house, guesthouse and sports court, in the salubrious area seven years ago for $3.55 million and has made a tidy $450,000 profit from the recent sale. 

Planning for the future: It seems that selling off another of her US properties is a further hint that Taylor is set to move to Britain to be with her actor beau, with locations in leafy north London and Oxfordshire being considered

Sky views: Taylor's beautiful property is covered in modern art, which hangs in the entrance hall of the home, below a glass ceiling

Obsessed fans: Security conscious Taylor, who is known for being plagued with obsessed fans, also reportedly installed an elaborate CCTV system in the home which boasts 11 cameras

Stalkers: Two men were arrested last month on separate occasions after trying to scale the walls of one of Taylor's properties in a bid to meet the star

Luxury living: Taylor's sprawling Beverly hills pad features a luxury pool area surrounded by a stone patio area and rich foliage, which can be entered via several glass openings throughout her home

According to the LA Times, the home has been sold to Nicolas Bijan Pakzad, who is son of the late designer and House of Bijan founder, Bijan Pakzad. 

Nicolas now runs the high-end menswear company, whose clients include American Presidents Obama, Clinton, George W. Bush and George H.W. Bush. 

Taylor is now said to be looking for a home in the UK to be closer to her boyfriend of one year, actor Joe Alwyn. 

London - where Joe is based - or rural Oxfordshire are said to be two key locations being considered by the star.

A source told The Sun last month: 'Taylor loves the UK and how she can live a relatively normal life without being disturbed. Setting down roots is something she’s thought long and hard about.' 

Hidden: The home, which offers views of the stunning back garden, is set back in the hills offering Taylor some much desired privacy 

Welcome! One of the properties entrances leads into a minimalist wooden floored hallway which is lined with a mirror and piece of artwork 

View from outside: The single-storey property, can be accessed from the road and also appears to have a garage door at one end of the house