Notting Hill mansion sells for above its £25m price tag

 

Luxury property journal PrimeResi is reporting the sale of a Notting Hill mansion in excess of asking price.

Marketed by Strutt and Parker, the Grade II listed Italianate villa was listed for £25m and attracted considerable interest.

Originally built by Francis Radford the property benefitted from high ceilings, underfloor heating and comfort cooling generated by an energy efficient ground source heat pump.

Other features included secure underground parking served by a car lift, a passenger lift to all floors, a private garden, separate staff accommodation, spa and leisure facilities, and keys to the communal gardens.

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London maintains top spot amongst Middle East investors

Cluttons, in partnership with YouGov, just released the third edition of the Middle East Private Capital Survey.

250 Middle East based investors have been surveyed, to understand their global and regional property investment intentions. London in particular is a key investment destination for the Middle East’s wealthy, who account for 15-20% of all international residential property transactions in the capital.

For this report 50 London based high net worth individuals were also surveyed to understand their UK and global property investment intentions and associated rationale.

The survey results from the ME sample indicate a strong preference for investing in the UK with 22% of these surveyed selecting locations in the UK as their primary target for 2018. 49% claim that they will commit funds to a London property investment during 2018.

For London’s HNWI’s the capital was named by just over half the sample as being the most likely location for an investment in 2018.

 

 

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Sale agreed on £27.5m prime central London penthouse

Stretching over three buildings on Lowndes Square with direct lift access, this 6-bedroom lateral penthouse comprises 6,215 square feet (578 sq m) with two roof terraces, private parking and unrivalled views across London.

Launched last year the sale included three basement storage rooms and two private garages.

Lowndes Square is one of London’s premier garden squares and is conveniently nestled just south of Knightsbridge, and just to the east of Sloane Street.

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