22 Apr

Carlton House Terrace, Luxury London Home for £250 Million.

Carlton House Terrace, Luxury London Home for £250 Million.

22nd April 2013 - (The Cloister)
Carlton House Terrace, this stuccoed, Grade I listed Regency property is to set a new record in Britain for its price tag of £250 million.
Carlton House Terrace was constructed during the late 1820s and early 1830s on land previously occupied by Carlton House, the residence of the Prince Regent, who became George IV. The Roman Classical styled terrace was conceived by architect John Nash with two aims in mind: to provide good views of St James's Park for residents and to provide an impressive backdrop to both the Royal Park and the Mall.
The property boast 50,000 sq ft of opulent living space with original period features including four floors above ground and two below, an extremely large ballroom and double sweeping staircase. The property currently has 78 Lease left and the freeholders being the Crown Estate.
The current owner, who has owned the property for over 40 years, is a very private individual. He has spent millions of pounds in restoring the interior to its original grandeur. 
This property is located on the end of a quiet street between the Mall and Lower Regents Street, it has excellent views of St James Park and one of the neighbours is HRH The Queen.
Carlton House Terrace is considered one of the most prestigious addresses in London, with exclusive societies and only one other family living within this street
The current record for a property sold in Central London was for an apartment in One Hyde Park, which fetched £136 million, another house on Rutland Gate is currently for sale for £300 million, which we have seen various interesting proposals by wealthy international families.
Carton House Terrace will make an ideal trophy home in London for a International Uber-Rich family.

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