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Thursday, September 24, 2020

Flop or Fly?

London estate agents launch three properties priced over £25 million each on General Election day

 

Pundits may be referencing worrying times ahead in Britain’s post-Brexit economy, but London’s top tier estate agents have come out all guns blazing on General Election day and launched a series of jaw droppingly priced properties.

 

In Knightsbridge’s Lennox Gardens, SW1X – where a similar, though situated on the much more sought after first-floor, apartment was promoted for what then seemed an ambitious £27.5 million ($35.6 million, €31.7 million or درهم130.9 million) in 2015 – Savills showcased a 6,392 square foot second floor flat with a basement annex priced at an even more punchy price of £35 million ($45.4 million, €40.3 million or درهم166.6 million). Aside from 2 vast reception rooms, 5 bedrooms and 5 bathrooms, it comes with not only a fingerprint recognition security system but also 2 gymnasiums, a sauna, a steam room, a treatment room, a wine cellar and even a juice bar.

 

Elsewhere, this morning, on the UK’s top property portal, OnTheMarket.com, agents Knight Frank listed an apartment in Eaton Square, SW1W for £25 million ($32.4 million, €28.8 million or درهم119 million) whilst Aylesford announced the sale of a house in The Boltons, SW10 for £57.5 million ($74.5 million, €66.2 million or درهم273.8 million). Whether we get Corbyn or May, one is left with just one question: Will these super-prime properities flop or will they fly?

 

Flop or Fly? London estate agents launch three properties priced over £25 million each on General Election day 2017.
The main reception room of the £25 million Lennox Gardens apartment on the first floor of ‘The Lennox’, 31-33 Lennox Gardens, Knightsbridge, SW1x

Flop or Fly? London estate agents launch three properties priced over £25 million each on General Election day 2017.
The garden of the 2,188 square foot ground and basement apartment at 20 Eaton Square, Belgravia, SW1W

Flop or Fly? London estate agents launch three properties priced over £25 million each on General Election day 2017.
The drawing room of the 9,989 square foot 22 The Boltons, Chelsea, SW10

3 COMMENTS

  1. I love that it has a whole host of treatment rooms and a juice bar. Someone really cool designed this place.

  2. […] In May 2017, we featured 6 The Boltons after its asking price was slashed from £39.5 million to ‘just’ £30 million, whilst in April 2015, a more modern house on the street named One Boltons Place sold for £51 million on an asking price of £55 million. More recently in January 2018, when 22 The Boltons was sold to a British family for £40 million it was described as “one of the biggest deals in the last 12 months… a notable one.” Its asking price had been an even more punchy £57.5 million. […]

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