The Steeple Times

Tag: December 2015

  • Wealthy Wilton

    Wealthy Wilton

    Six-storey Belgravia residence with controversial business connections goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997

     

    A 6,961 square foot freehold terraced townhouse in Belgravia has gone on sale for £25 million or 3,497% more than it was sold for in 1997.

     

    4 Wilton Crescent – which sold in 1997 for what now seems like the paltry sum of just £695,000 – was marketed two years ago for £32 million and provides 5 reception rooms, 9 bedrooms, 7 bathrooms and 2 garages in an adjoining mews house.

     

    Featuring traditional interior design by Robert Kime – decorator to the Prince of Wales – the property featured in court papers in December 2015 in the context of a dispute between a lawyer turned secretive property speculator named Glenn Maud and his former associate Robert Tchenguiz. Said to be at one-time worth £4.5 billion at the height of his success and originally from Sheffield, this businessman and his wife reportedly spent some £6 million renovating the house but was ordered to live on £500 per week in 2012 by a Guernsey court.

     

    4 Wilton Crescent is now offered by Knight Frank.

     

    4 Wilton Crescent – The Numbers

     

    October 2017 – On the market for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.

     

    March 2016 – On the market for £30 million ($39.4 million, €33.5 million or درهم144.6 million) through Beauchamp Estates.

     

    December 2015 – On the market for £32 million ($42 million, €35.7 million or درهم154.2 million) according to court documents. Owner Glenn Maud reportedly spent £6 million ($7.9 million, €6.7 million or درهم28.9 million) on “improvements” to the property.

     

    September 1997 – Sold for £695,000 ($912,000, €775,000 or درهم3.3 million).

     

    Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank. Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank. Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank. Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank. Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank. Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank. Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.Wealthy Wilton – 4 Wilton Crescent, Belgravia, London, SW1X 8RN, United Kingdom – Six-storey Belgravia residence goes on sale for 22% less than it was marketed for in 2015 and 3,497% more than it sold for in 1997 – For sale for £25 million ($32.8 million, €27.9 million or درهم120.5 million) through Knight Frank.

  • A Performing Peugeot

    A Performing Peugeot

    Best performing classic car in terms of value gain revealed; you’ll be surprised at the result

     

    We’ve featured several Peugeot 205s that have sold at auctions at prices as high as £156,800 and now the latest Haggerty Classic Index has revealed that the greatest classic car value gain this year has been on the 205 GTi.

     

    This year, Peugeot 205s have risen 28.5% to an average value of £11,275 and with an immaculate yet ordinary one we featured in July having gone for £30,938 at auction, this ‘hot hatch’ is becoming a ‘must have’ for car collectors.

     

    As examples, we select first a red 1993 1.9-litre CTi convertible. It is for sale for £7,250 ($9,100 or €8,600 or درهم‎‎33,500) through MSP Motors in Runcorn, Cheshire and has 69,000 miles on the clock. They term it “a great example of a future classic, a great investment”.

     

    Our second choice is also presented in red and is a 1989 1.6-litre GTi. It has 69,119 miles on the clock, has an electric glass sunroof and is for sale through AMS Vehicles of Stokesley, North Yorkshire. They describe it as “a desirable vehicle at a sensible price” and offer it for £11,000 ($13,800 or €13,100 or درهم‎‎50,800).

     

    Of the survey itself, Angus Forsyth, managing director of Hagerty remarked:

     

    “We’ve seen confidence return to the classic car market in the last few months of 2016 after a summer of uncertainty, and we believe the Q3 results were a reflection on people holding back following the initial uncertainty of the Brexit vote in June”.

     

    “However, now the financial markets have settled, people have bought into the car market albeit a few months later than they might have planned. Whether people still feel classics make good investments, or they just want to put their money into something fun, they are still definitely buying, and the values of the best classics are still on the rise”.

     

    A Performing Peugeot – Best performing classic car in terms of value gain revealed; you’ll be surprised at the result – Peugeot 205 GTi CTiA Performing Peugeot – Best performing classic car in terms of value gain revealed; you’ll be surprised at the result – Peugeot 205 GTi CTiA Performing Peugeot – Best performing classic car in terms of value gain revealed; you’ll be surprised at the result – Peugeot 205 GTi CTi

  • Exciting a Royal

    Exciting a Royal

    Jaguar E-Type originally owned by Prince Michael of Kent for sale

     

    A 1965 Jaguar E-Type Series 1 4.2-litre FHC originally owned by His Royal Highness Prince Michael of Kent is for sale with an Essex vintage car specialist.

     

    Described as having “matching numbers, in impeccable order throughout and being close to conours”, Prince Michael first tried out the Jaguar at Goodwood with a then eight year old Lord March before taking it to Germany where he was serving in the army. The royal recalls driving the car at 150 miles per hour on autobahns and in the years since, he has been united with the vehicle on several occasions at Goodwood and Kensington Palace.

     

    Exciting a Royal – 1965 Jaguar E-Type Series 1 4.2-litre FHC – Vintage & Prestige Classic Cars – £245,000 ($309,000 or €288,000 or درهم‎‎1.1 million) – First owned by His Royal Highness Prince Michael of Kent
    His Royal Highness Prince Michael of Kent with the Earl of March and Kinrara, Charles Gordon-Lennox in the car
    Exciting a Royal – 1965 Jaguar E-Type Series 1 4.2-litre FHC – Vintage & Prestige Classic Cars – £245,000 ($309,000 or €288,000 or درهم‎‎1.1 million) – First owned by His Royal Highness Prince Michael of Kent
    Lady Gabriella Windsor, Prince Michael’s daughter, with the vehicle

     

    In 1984, Prince Michael wrote about the opalescent dark green with light tan hide interior and Webasto sunroof car in Road & Car Magazine. He stated:

     

    “This was a beautiful motor car, immensely quick, and probably the most enjoyable car I have ever owned. I believe that every man has a special place in his heart for one woman above all others, and also for one car. In my case I think probably my E-Type Jaguar was the most satisfying and exciting car in my life – so far”.

     

    In December 2015, the sixth owner of the E-Type, James Phillips, 67, from Newbury, Berkshire, told The Times:

     

    “I am nearing retirement and it has been our pension fund for many years. We’ve done everything in it and we don’t go out in the rain and snow any more. We just want to pass it on to someone who is going to look after it”.

     

    Vintage & Prestige Classic Cars seek £245,000 ($309,000 or €288,000 or درهم‎‎1.1 million) for the car complete with a whole raft of accompanying correspondence and photographs.

     

    Exciting a Royal – 1965 Jaguar E-Type Series 1 4.2-litre FHC – Vintage & Prestige Classic Cars – £245,000 ($309,000 or €288,000 or درهم‎‎1.1 million) – First owned by His Royal Highness Prince Michael of Kent Exciting a Royal – 1965 Jaguar E-Type Series 1 4.2-litre FHC – Vintage & Prestige Classic Cars – £245,000 ($309,000 or €288,000 or درهم‎‎1.1 million) – First owned by His Royal Highness Prince Michael of KentExciting a Royal – 1965 Jaguar E-Type Series 1 4.2-litre FHC – Vintage & Prestige Classic Cars – £245,000 ($309,000 or €288,000 or درهم‎‎1.1 million) – First owned by His Royal Highness Prince Michael of KentExciting a Royal – 1965 Jaguar E-Type Series 1 4.2-litre FHC – Vintage & Prestige Classic Cars – £245,000 ($309,000 or €288,000 or درهم‎‎1.1 million) – First owned by His Royal Highness Prince Michael of Kent

  • The folly of Riber

    The folly of Riber

    Derbyshire castle known as ‘Smedley’s Folly’ for sale for £9 million (despite requiring a further investment of at least £8 million) (more…)

  • Happy New Year 2016

    Happy New Year 2016

    The Steeple Times wishes readers a prosperous 2016 and reviews some of our favourite stories from 2015 (more…)

  • Parking a handbag

    Parking a handbag

    Uncovered Chelsea parking space for sale for a staggering £70,000 (more…)

  • Picture of the Week: The Wallies of Whalley

    Picture of the Week: The Wallies of Whalley

    Image of flooded Lancashire field complete with sign advertising it as a development site for 39 homes illustrates the perils of building on flood plains (more…)

  • Merry Christmas 2015

    Merry Christmas 2015

    The Steeple Times wishes readers a very Merry Christmas 2015 (more…)

  • Video of the Week: Sophisticated Trump

    Video of the Week: Sophisticated Trump

    British comedian dubs Donald Trump and attempts to make him sound sophisticated (more…)

  • Five of the Best: Christmas gifts for her

    Five of the Best: Christmas gifts for her

    Claire Rubinstein selects five items that sophisticated ladies will crave this Christmas (more…)