Underwear tycoon Michelle Mone is selling her three-bedroom  Glasgow townhouse in order to buy her ex-husband out of the 'dream home' they once shared, it is claimed. The self-made multi-millionaire bought the Glasgow property off-plan in the city's upmarket Park Circus area after splitting from husband Michael in December 2011. She paid £780,700 for the duplex and had extensive works done before moving into it in 2013. It now boasts a magnificent reception hall and stairway and is worth more than £1 million. For sale: Michelle and Michael Mone, left together in 2011, put their mansion on the market after their 2011 split. The self-made multi-millionaire, pictured right in Glasgow today, is understood to be buying the house . It is understood she will now move back into the five-bedroom mansion in Thorntonhall, Lanarkshire, where she and Michael lived with their three children after agreeing a deal with her ex-husband. Ms Mone, who also has a £2million flat in Mayfair, today shared her decision to move on Twitter. 'Sad to be selling my stunning townhouse in #Scotland Brilliant news is after trying for 2 years i'm buying my ex out of my dream home #YES,' she posted. The then-couple bought the Lanarkshire site  in 2008. They demolished the original building, and built 'Telperion', a home six times the size of the average British house. In 2010, Ms Mone was at the centre of a row with neighbours over plans to add a sauna, gym and bar to the  home. Five residents objected to her proposals and one said the development would 'completely dwarf' the rest of the street. But it was still given the go-ahead by planners. Glasgow home: Self-made multi-millionaire Michelle Mone bought the property off-plan in the city's upmarket Park Circus area (pictured) after splitting from husband Michael. She paid £780,700 for the duplex . 'Dream home': Ms Mone will move back into the five-bedroom mansion in Thorntonhall, Lanarkshire, pictured, where she and Michael lived with their three children after agreeing a deal with her ex-husband . Family home: The Lanarkshire mansion, in a wealthy suburb home to celebrities and footballers, was listed for £1.5million in 2012. Above, a modern bathroom inside the property, which boasts five en-suite bedrooms . High-end: There is also a state-of-the-art kitchen, pictured, designed by the acclaimed Clive Christian that features beautifully made Edwardian style units and four dishwashers to help keep the place clean . The luxury home boasts 12 large rooms including a 26ft lounge, 36ft family dining kitchen and 30ft recreation room with cinema. There is also a state-of-the-art kitchen designed by the acclaimed Clive Christian that features beautifully made Edwardian style units and four dishwashers. 1996 Michael and Michelle Mone create lingerie brand Ultimo . 2008 The couple buy plot in Thorntonhall, Lanarkshire. They demolish the original building, and build 'Telperion', a home six times the size of the average British house . 2010 Ms Mone is at the centre of a row with neighbours over plans to add a sauna, gym and bar to the home . 2011 Michelle and Micheal split in December after Michael allegedly has an affair with bra designer, Samantha Bunn. He has since set up a rival lingerie firm with Ms Bunn . 2012 The former family home in Lanarkshire is put on the market for 2012. Ms Mone claims her ex-husband refused to sell his part of the property. Ms Mone pays £780,700 for three-bedroom duplex in Glasgow and had extensive works done . 2013 Ms Mone moves into her Glasgow townhouse, and showcases it in exclusive Hello! interview . 2014 Ms Mone becomes embroiled in a bitter row over plans to turn the house next door to her £1 million home into student digs . Today She announces plans to sell Glasgow home and move back into former family home . The home, in a wealthy suburb home to celebrities and footballers, was listed for £1.5million in 2012 following the collapse of the couple's 19-year marriage. It has been on the market for three years. At the time, Ms Mone, 43, raged publicly at her husband for refusing to sell her their baby grand piano and part of their luxurious home. Unable to reach an agreement, they were forced to put the home up for sale. It was advertised as having the 'highest specifications in lighting, communications, media and security'. Safety conscious Michelle's system covers every corner of the building and gardens and includes infra red security cameras, panic buttons and CCTV. Mr Mone has previously criticised his ex-wife's comments and said the divorce papers had specifically addressed the issue of the future sale of the former marital home. The couple created lingerie brand Ultimo together in 1996, split in 2011 after Michael, allegedly had an affair with bra designer, Samantha Bunn, with whom he has set up a rival lingerie firm. Ms Mone recently revealed she has found love again. She shared her joy with her 966,000 followers on Twitter - and posted a smiling picture of herself. 'After 2 years I'm delighted to say I've met my soul mate £megahappy,' she tweeted. The identity of the man who has won her heart remains a mystery. Recently Ms Mone denied dating X Factor singer Shayne Ward. She previously also denied dating cricketer Shane Warne less than a year ago. Elegant: One of the bedrooms in the Lanarkshire home, which has been on the market for three years . State-of-the-art: The home was advertised as having the 'highest specifications in lighting, communications, media and security'. Above, an image of the dining room . Home comforts: The triple garage was replaced with a bar, pictured, and the home has ten plasma TVs as well as three Onkyo home cinema systems .
Michelle Mone bought Glasgow duplex after split with ex-husband Michael .
Tycoon had extensive work done and the home is now worth £1million .
She is selling and will move back into mansion she shared with Michael .
Couple put the five-bedroom 'dream home' on market following 2011 split .