Britain's most expensive home sold for R1 Billion

One Cornwall Terrace is located on the Outer Circle road around The Regent's Park. The Prime Zone One location provides easy access to London's West End with Harrods, Selfridges and Liberty department stores, Marylebone High Street, St. John?s Wood High Street, Mayfair and Knightsbridge all within close proximity

The listing agents, Savills, describes the property:

Accessed via a carriage driveway with two gated entrances, the house has eleven reception rooms, seven bedrooms and a leisure complex with gymnasium and swimming pool, set in landscaped grounds of 0.453 of an acre complete with mews wing, garaging and forecourt parking.

Originally designed and built in 1821-3 by renowned architect Decimus Burton, supervised by John Nash who created the master plan for the Regent?s Park, One Cornwall Terrace is one of the most important private residences in London.

The property had been listed the property with a POA price tag, but British papers soon found out that the asking price was £100 million. Now the Sun reports that the house has been sold for “a stonking £80 million — £20 million under the asking price. One Cornwall Terrace opposite Regent’s Park is one of London’s swankiest residences, spread over a vast 21,500sq/ft with seven bedrooms.

The mansion also boasts 11 bathrooms, nine reception rooms and a catering kitchen with marble and limestone-lined halls to iPad-controlled lighting. There is also a sports complex which includes a gym and swimming pool and the high-tech gates have an automatic number plate recognition system. Outside, the mansion has a beautiful 40-metre long landscaped garden and a grand double staircase which connects the terrace and landscaped areas.”

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