A building that might just be the ultimate luxury residential property in London could fetch a record-breaking figure after it reportedly went on sale for a staggering £250 million.
A building that might just be the ultimate luxury residential property in London could fetch a record-breaking figure after it reportedly went on sale for a staggering £250 million.
The prospective owners of the Grade I-listed Regency property would have what is described as the biggest private home in central London while counting the Queen among their prestigious neighbours.
It is a six-storey townhouse in which the current owner has invested millions of pounds bringing it back to its former glory, according to a source quoted by the London Evening Standard.
A "strictly confidential" brochure claims it is "probably the finest residence in London" with a raft of original features to complement its exceptional dimensions.
The source is said to have been on a tour of the house and says it is so vast that "many of the rooms are completely empty and after so many rooms, one fades into the next".
It is located on Carlton House Terrace, a secluded street between the Mall and Lower Regent Street, and boasts views of St James's Park.
Four of the six storeys are reported to be above ground while the two below are currently used to house the building's facilities but are said to be ripe for conversion into a luxury basement with a cinema and swimming pool.
An elderly member of a royal family in the Middle East is the current owner of the luxury London property and is discreetly trying to find a buyer but is in no rush to sell, the newspaper reports.
The dimensions are incredible for a residential property in central London, with 50,000 sq ft of living space making it 30 times larger than a typical house in the capital.
It was designed by John Nash, built between 1827 and 1832 and has an illustrious history.
The building was used during the First World War as the Enquiry Department for Wounded and Missing, the British Red Cross and Order of St John, informing British families about the fate of their loved ones.
A £136m deal for an apartment at One Hyde Park in Knightsbridge set the current record for a residential property sale in London.