The most expensive house in the UK has just gone on sale for $221 million – Robb Report
Britain’s most expensive house is back on the market after a record sale nearly three years ago. And the asking price? Still in the nine figures.
The Knightsbridge property at 2-8a Rutland Gate made headlines in 2020 when it sold for a whopping $232million, making it the most expensive property deal in the UK. Now the stately home is listed again, this time for just over $221 million, according to The Guardian. Granted, its next buyer will need super deep pockets and since the pad fell into disrepair, a deep love for restoring historic dwellings.
Originally, the 62,000 square foot structure was built as four separate houses in the 1830s. It was later converted into a gigantic single-family mega-mansion over a century later in the 1980s for the former Prime Minister of Lebanon. As for what’s inside, consider an indoor pool, underground parking, and enough elevators to make a five-star hotel jealous. In total, there are 45 generous rooms spread over seven floors. And as you might have guessed with a property of this stature, elaborate decorative details, including gold leaf accents and ornate moldings, abound throughout.
In January 2020, the palace overlooking Hyde Park was reportedly purchased by Chinese billionaire Cheung Chung-Kiu, who acquired the huge presbytery from Saudi Crown Prince Sultan bin Abdulaziz. However, the FinancialTimes found that Hui Ka Yan, founder of Evergrande, is the true and current owner of 2-8a Rutland. Currently, renovation permits for the home have been approved by the local council, however, the amount of work that has been done is unknown. Plans included repairs to the exterior, improvements to the layout, remodeling the fourth and third floors, and expanding the basement to accommodate more cars.
As for those who have the resources to carry out these renovations, a source tells The Guardian that “royal families from the Middle East and super-rich American investors” are among the potential buyers.