London’s Top 10 Most Expensive Properties

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London’s Top 10 Most Expensive Properties

A year on from Brexit and London’s priciest postcodes are due for an uptick, say agents. Now could be the time to buy that statement mansion. Billionaire presents 10 of the most desirable – and expensive – properties on the market in London, all priced at US$20 million and up.

Written by Billionaire .com on 19 July 2017

A year on from Brexit and London’s priciest postcodes are due for an uptick. The capital’s ultra-prime housing market has seen prices fall by 17% since 2015, according to Savills, and sales fell by 41% this year alone, according to LCP, as a result of various factors, including stamp duty increases, other capital taxes, and political and economic uncertainty.

But Lucian Cook, head of residential research at Savills, reckons that ultra-prime central London prices are on the up. “We forecast prices will rise by a net figure of 21% over the next five years, loaded to the later years of that period. There is a sense that pricing has now largely adjusted to the increased tax environment, although the uncertainty around Brexit is likely to hold back any price growth over the next two years or so. For those who buy into the longer-term track record of price growth and are looking at returns over the medium term, this presents an opportunity to buy, particularly when combined with the effect of the weakness of sterling.”

Cook adds that he still sees prime central London property as a relatively secure investment asset in a global context.

With that in mind, Billionaire brings you 10 of the most desirable — and expensive — properties on the market in London, all priced at US$20 million and up. You never know, you may get one for a steal.

Chester Square, Belgravia Savills London’s Top 10 Most Expensive Properties wealth

Chester Square, Belgravia (c) Savills

Mansion House, Westminster
US$46 million
Savills/Knight Frank

Formerly the headquarters of the Liberal Democrats, this Grade II-listed palatial residence is available for the first time as a private home. From the terrace you can see Big Ben, the House of Lords and Westminster Abbey. Its Wren-inspired façade is remarkable, located on Cowley Street, a historic pocket of London that first began to be built up in the early 18th century. Painstakingly restored, the goldwork in the ceilings and in the 14 foot-wide cupola was carried out by artisans who worked at Windsor Castle, the Royal Academy and the Palace of Westminster. With seven bedrooms accessed by an eight-person lift, this is a truly palatial home. Downstairs is the spa, Jacuzzi and gym with a 10-metre swimming pool.

Chester Square, Belgravia
US$38 million
Savills

Number 73 Chester Square was the home of Baroness Thatcher from 1991 until her death in 2013. Leconfield, a local development and construction company, spent 18 months refurbishing and restoring the Grade II-listed white stucco-fronted house, which now has a lift, separate mews house and a private garage. Several features from Thatcher’s time remain, such as the inlaid ‘73’ plaque in the doorstep. The front door is bombproof and the house still has the original security glass to all windows facing the square. The flooring in the entrance hall is laid with Hopton stone, while the drawing room features a pair of original Louis XVI fireplaces and parquet flooring. There are six bedrooms.

Ashberg House, Chelsea Morpheus London’s Top 10 Most Expensive Properties wealth

Ashberg House, Chelsea (c) Morpheus

Ashberg House, Chelsea
US$35 million
Savills

A rare new-build in Chelsea, Ashberg House is named after a precious 101-carat Russian diamond. Envisioned by consultancy Morpheus London, the five-bedroom home is characterised by an aesthetic of glass inside and out that gives a feeling of great space and natural light. Features include an enormous hand-cut glass chandelier, cascading with 140 individual leaves of graduating colour, and a 43-foot swimming pool inspired by sculptor Richard Wilson’s 20:50, a permanent exhibition at the Saatchi Gallery made from recycled oil. Almost everything is bespoke: the fitted cabinetry was made in Austria, the metal, upholstery and timber comes from the Far East, while the fine glassware hails from artisans in the Czech Republic.

Penthouse at Riverwalk Ronson Capital London’s Top 10 Most Expensive Properties wealth

Penthouse at Riverwalk (c) Ronson Capital

Duplex PenthouseRiverwalk, Westminster
US$32 million
Knight Frank/Savills

This penthouse in new riverfront development Riverwalk, created by Ronson Capital Partners, looks out over the north bank of the River Thames. It has an enormous 2,200-square-foot curved terrace, one of the city’s largest private river-fronting roof terraces. With over 6,000 square feet of living area, there are five bedrooms, a large kitchen designed by Boffi with appliances from Miele and Gaggenau, and six bathrooms. There is a study, dining area with seating for 10 guests, a spacious living area and a grand lounge with a staircase that leads onto that spectacular terrace.

The Huxley in Hampstead Glentree London’s Top 10 Most Expensive Properties wealth

The Huxley in Hampstead (c) Glentree

The Huxley, Hampstead
US$28 million
Glentree

Located at 57 The Bishops Avenue, this eight-bedroom new-build mansion is the crown of a development of three houses and five apartments. Next door to the manicured Hampstead and Highgate golf clubs, it’s a golf lover’s dream. Set back from the road behind security gates and guard, the home measures 14,500 square feet spanning four storeys, with lift access to each floor. Leisure facilities include a large indoor swimming pool; gym; cinema and bar suite; and a spa and steam area complete with changing rooms and ice fountain; and two roomy wine cellars.

The Penthouse at The Corniche, Embankment
US$26 million
St James

The Corniche, by St James, comprises 168 apartments and two penthouses with panoramic floor-to-ceiling views across the river. Designed by Foster + Partners, this riverside address on Albert Embankment looks out over the Houses of Parliament, Battersea Power Station and the London Eye. The Skyline Club, on the 19th floor, is a space for residents to relax against the backdrop of the city. There is a health and wellness facility with an infinity pool, spa and gym, a 24-hour concierge service, and a cinema room.

Penthouse at Southbank Tower CIT London’s Top 10 Most Expensive Properties wealth

Penthouse at Southbank Tower (c) CIT

Fairways, White Lodge Close, Highgate
US$26 million
Glentree

Fairways is a splendid gated family home on the peaceful tree-lined White Lodge Close just off the prestigious The Bishops Avenue. The home is enormous and symmetrical, with 17,000 square feet of living space, cavernous rooms and elevated ceilings. There are eight bedroom suites, a leisure complex with a large swimming pool, cinema, garage space for three to four cars, staff living quarters and a detached guest house/security office. The garden has a stepped structure with manicured lawn on each tier and an ornamental lily pond on the top tier. A screen of mature trees at the rear of the garden offers privacy and there is a self-contained two-bedroom apartment with separate access.

South Bank Tower Penthouse, South Bank
US$26 million– US$32 million
CIT

The four penthouses at South Bank Tower are available for US$26 million as a shell, or for US$32 million, fully fitted with interior design by Dara Huang of Design Haus Liberty or London design studio 1508 London. South Bank Tower is a new luxury residential landmark that rises 41 storeys above the Thames. The penthouses span the 38th to 40th floors, with a choice of either lateral or duplex living space, and unrivalled views across the capital’s skyline.

Queen Anne’s Gate Christie’s International Real Estate London’s Top 10 Most Expensive Properties wealth

Queen Anne’s Gate (c) Christie’s International Real Estate

Queen Anne’s Gate, Westminster
US$25 million
Strutt & Parker/Christie’s International Real Estate

After consultation with English Heritage, the current owner of this family house carried out a comprehensive restoration and refurbishment that saw the home fitted with all the modern technology you could think of. This wider-than-normal house differs from other properties in the street by having a bowed extension added to the rear of the property. This was a fashionable feature in late 18th century architecture and the re-modelling provided the house with more imposing rear reception rooms, and, in particular, a majestic piano nobile on the first floor, with a superior ceiling height, directly overlooking St James’s Park.

Aubrey Walk, Holland Park
US$20 million
Humberts

This seven-bedroom Art Deco house once belonged to soul singer Dusty Springfield. It was her home from 1968 to 1972, with her lover Norma Tanega. Springfield lived there when her most famous hit “Son of A Preacher Man” came out. The house is actually two houses knocked into one, so the footprint is enormous, spanning 7,200 square feet, including a 35-foot pool. That amount of lateral space is fairly rare for Aubrey Walk, which is moments away from Holland Park itself, close to Campden Hill Square, one of London’s most-sought-after garden squares.

This article originally appeared on Billionaire.com.

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