Got a spare £175 million? Inside London’s five most expensive homes

Within the last six months of 2024, Knight Frank discovered transactions of prime central London properties rose by three per cent in comparison with the identical interval in 2023.

“Exercise was skewed in direction of the second half of the 12 months resulting from falling charges over the summer season and a reduction bounce in October when it grew to become clear that capital beneficial properties tax for residential property could be left unchanged within the Price range,” says Tom Invoice, head of UK residential analysis at Knight Frank.

The story for 2024 general, nonetheless, reads very in another way, as prime central London costs fell by one per cent year-on-year to December. For these wanting to purchase in money (which generally accounts for half of gross sales within the central London boroughs of Westminster and Kensington & Chelsea), the rise in mortgage charges over the previous couple of years has been useful.

“In a purchaser’s market like this, rising mortgage charges help money consumers,” says Stuart Bailey, head of London super-prime gross sales at Knight Frank. “They change into extra sought-after as they’re able to act and can subsequently drive a more durable deal.”

So, in case you’re fortunate sufficient to have money to splash, what can to get for a couple of (hundred) million in London?

By a big margin, that is the most costly property in London however, for a cool £175 million, you would bag your self unparalleled views of Hyde Park 24/7. This penthouse within the prestigious One Hyde Park growth covers the tenth and eleventh flooring and extends to 18,000 sq. ft.

For this punchy price ticket, you get a Japanese-inspired kitchen with black forest granite counter tops, flooring and Gaggenau home equipment, and 5 en-suite bogs, every with Jacuzzi-style jet swimming pools and large dressing rooms. Alternatively, you may chill out in your very personal cocktail bar, residence cinema or non-public spa which comes with a therapy room, sauna and steam room. There’s additionally a fitness center with the newest tools if understanding is extra your factor.

“The penthouse is likely one of the best residential actual property property in London, providing unparalleled lateral residing area, in an excellent prime location in Knightsbridge, with uninterrupted views over Hyde Park,” says Becky Fatemi, Government Associate at Sotheby’s Worldwide Realty UK.

Royalty and celebrities have graced No 33, Portland Place because it was constructed by Robert Adam in 1775. Prime Ministers Archibald Primrose and Herbert Asquith each dined right here within the nineteenth century; the Oscar-winning The King’s Speech, starring Colin Firth, was largely filmed right here; whereas Amy Winehouse used the home as the placement for the music video for her hit Rehab.

In addition to its well-known connections, the 10-bedroomed, Grade II*-Listed property has a kitchen with distinctive leaded home windows and skylights, and a sitting room with authentic mouldings, floor-to-ceiling home windows and a surprising handcrafted chandelier. On the basement stage, you’ll discover a non-public pool, scorching tub, therapy room, juice bar and TV room, whereas there’s a sky lounge on the fourth flooring to take advantage of the views.

Balfour Home has been described as essentially the most distinctive townhouse in Mayfair — it advantages from being the one south-facing, double-fronted residence in Mayfair Village and has giant residing areas but in addition the attraction of a household residence.

One other main promoting level is the 525 sq. foot roof terrace with a 360º view of the London skyline. Inside is simply as spectacular and features a eating room full with French doorways opening out onto a non-public backyard, a 200-square-foot household room, self-contained workers flat and 7 bedrooms. Whether or not you’re after peace and quiet or a buzz, this property gives each; it’s simply 100 yards from the serene gardens of Mount Road and the hustle and bustle of Harry’s bar and the George Membership.

“The property’s gorgeous red-brick facade epitomises Mayfair’s architectural heritage, whereas its extraordinary 45-foot frontage is unmatched within the present market,” says Charlie Gibson, Managing Director of OB Personal. “Inside, the house spans 9,727 sq. ft, that includes a triple facet that floods each nook with pure gentle, a non-public roof terrace, and an inside elevate for final comfort. So as to add to its attraction, Balfour Home boasts a captivating historical past, having as soon as been the house of the Coleman’s Mustard household.”

Whereas it could be impressed by the Georgian structure of historic Chelsea, this newly constructed six-bedroom townhouse has a contemporary end inside. There’s a Halstock kitchen, that includes built-in home equipment from Sub-Zero and Wolf, cinema room, temperature-controlled wine room and spa, with swimming pool, steam room and sauna in addition to a well-equipped fitness center. Positioned on Whistler Sq., this residence boasts quiet and tranquillity, whereas additionally being within the coronary heart of central London.

Tucked in simply behind Oxford Road and Regent Road is Hanover Sq., a little bit oasis within the coronary heart of Mayfair, and The Residences on the Mandarin Oriental Mayfair is the neighbourhood’s latest addition. This luxury penthouse options bespoke interiors by Thomas Juul-Hansen, 4 en-suite bedrooms, two out of doors areas with gorgeous views of London’s skyline from the eleventh flooring and a discreet service entrance (for employees!) Plus, as a resident of The Residences at Mandarin Oriental Mayfair, you’ll additionally get entry to an array of unique facilities, together with Michelin-star in-residence eating by chef Akira Again, an expensive spa and 25-metre heated pool.

“This four-bedroom penthouse gives unmatched class, expansive residing areas, and breathtaking metropolis views from the guts of London’s most prestigious neighbourhood,” says Eric Corsaletti, Managing Director, of Nest Seekers Personal Workplace.