Low-built £11.95 million Belgravia residence created by merging two properties into one is illustrative of how the total housing stock in the city’s most elite areas is being depleted
Despite there being more and more demand for housing in London from the city’s ever growing population, in areas such as Kensington, Chelsea and Belgravia the super rich are increasingly reducing the housing stock by buying up neighbouring properties to make their homes bigger.
In Glebe Place, off the Kings Road, the multi-millionaire owner of Monsoon and Accessorize, Peter Simon, took such activity to unprecedented levels when he announced plans to combine five houses into one earlier this year but here we feature an example that is more typical in the form of Henley House in South Eaton Place. It is currently for sale for the not so insignificant sum of £11.95 million ($18.1 million, €16.6 million).
Grade II listed and redeveloped by a firm named Copper Beech Design, Henley House consists of a merger of what was 1a South Eaton Place and 61 Eaton Mews West. It now comprises of 2 reception rooms, 4 bedrooms and 4 bathrooms and also benefits from a gym, steam room, roof terrace and two mews parking spaces. Naturally in order to maximise their return, the developer has added a basement conversion and there is also air conditioning, comfort cooling and underfloor heating.
Listed for sale in September 2014 on RightMove, Henley House is now for sale through Wellbelove Quested on a freehold basis.
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