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?