A quite opulent apartment went on sale for nearly £150 million in Admiralty Arch , overlooking Buckingham Palace.
21 Jul 2016 – Independent
If sold for that price, the 15,000 sq ft apartment will become London’s most expensive flat, topping One Hyde Park, a flat which sold for £140 million in 2014.
The Grade I listed property boasts 12 bedrooms and 12 bathrooms, the Evening Standard has reported.
Peter Wetherell, chief executive of Wetherell, said the potential sale shows London luxury property is still booming despite the uncertainty that has followed the UK’s vote to leave the EU.
“What it shows clearly is that London is still in the luxury homes business and still the place hitting new price expectations. It shows clearly that despite all the fuss over Brexit that London remains the world centre for uber luxury homes and high values,” he told the Independent.
“This property will appeal to a business tycoon from Asia or Europe, or to an oil Royal from the Middle East or Asia. It’s a real trophy asset,” he added.