Britain's priciest properties set to go on market

News Category: Industry News

Britain’s most expensive properties are due to hit the market this weekend. The Candy brothers’ One Hyde Park apartments are expected to fetch £6,000 per sq ft – a price already said to have been achieved with earlier off-plan sales – but could create even higher new records.

It’s an awful lot of money to buy enough space to put a waste-paper basket. That’s our own opinion – but it’s probably jealousy on EAT’s part.

The dearest properties are the penthouses, complete with bullet-proof windows and panic rooms, at an estimated £100m. Agents Knight Frank and Savills are rather coy about prices, although both are agreed that it is the most exclusive address in the world.

Features of the development include a health spa and concierge. Buyers are likely to include Saudi princes, Russian oligarchs, oil barons and A-list Hollywood stars.

The One Hyde Park development – which Royal Mail insists is in fact 100 Knightsbridge – will compete with nearby developments, including The Knightsbridge and Lancelot Place which offer similar specifications and fetch £3,000 to £4,000 per sq ft.

One Hyde Park / 100 Knightsbridge consists of 86 apartments and enormous penthouses – which have up to 20,000 sq ft floor space – designed by Lord Rogers and created on the site of the former Bowater House offices.

The development began back in 2004, and just in case you’re too young to remember, Bowater made toilet paper.



Article courtesy of Estate Agent Today Sign up for EAT newsletter