Inventor renovates large houses (5)

I believe the answer is:

tesla

'inventor' is the definition.
(scientist Nikola Tesla)

'renovates large houses' is the wordplay.
'houses' indicates the answer is hidden within the clue (part of the clue houses the answer).
'TESLA' can be found hidden inside 'renovates large'.

(Other definitions for tesla that I've seen before include "SI unit; steal (anag.)" , "Physics unit" , "Californian company specialising in electric cars" , "electrical unit" , "Physicist" .)

I've seen this clue in The Telegraph and The Sun.

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