25 Oct

Grand London Home for £100 Million in Regent Park.

Grand London Home for £100 Million in Regent Park.

Oct 25th - (The Cloister)

London raises the property price again, the most expensive terraced property on sale with an asking price of £100m.

No 1 Cornwall Terrace a magnificent mansion overlooking Regent's Park in London, boasting 21,500 square foot of luxury and incorporates seven magnificent bedrooms, nine bathrooms and 11 reception rooms.

The potential buyer would have to pay a staggering £7 million in stamp duty alone. But they would pay just £1,369-a-year in council tax - the same as a £340,000 property with Westminster Council.

The facade of the property has a neo-classical Stucco elevation with Corinthian columns along with sculpted female columns of the Greek goddess Artemis.

The house was once home to the New Zealand High Commissioner until the 1970s hosting lavish parties for the nobilities.

The house is one of the most important private residences in London, and is an ideal London trophy home.

The home is located on the Outer Circle Road around Regents Park a Royal Park which has 166 Hectares of garden and leisure facilities.

Cornwall Terrace is named after King George IV, who also known as the Duke of Cornwall. The properties were used as grand residential homes for ambassadors, generals and nobility for 150-years.

Cornwall Terrace was originally designed and built in the 1820s by renowned architect Decimus Burton with the project overseen by the acclaimed John Nash.John Nash (1752-1835) was the son of a millwright but became an architect. He designed much of the layout of Regency London under George IV. His most famous designs are the Royal Pavilion, Brighton, and Buckingham Palace - although the facade to the mall is not Nash's work. 

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