Friday 14 September 2012

Money's not too tight to mention for buyer of £300m London mansion | Money | guardian.co.uk

Money's not too tight to mention for buyer of £300m London mansion | Money | guardian.co.uk

2-8a Rutland Gate, Knightsbridge, London, for sale for £300m
Brother can you spare £300m? 2-8a Rutland Gate's former owners include Lebanese prime minister Rafiq Hariri and the crown prince of Saudi Arabia. Photograph: Graham Turner for the Guardian
House prices across Britain have slumped by almost 10% since 2007, mortgage lending is stagnant and rental markets are overheating thanks to the inability of a generation to save enough for a deposit.
But the land of the super-rich is another country, and in one highly exclusive corner of it – specifically, a discreet address just to the south of Hyde Park in west London – a house thought to be the most expensive ever marketed in Britain is seeking buyers, at an asking price of £300m.
With an elegant stuccoed facade overlooking the park, seven storeys and no fewer than 45 bedrooms, the property at 2-8a Rutland Gate would certainly make an appealing pied-à-terre for someone with deep pockets, a love of trees (68 of its windows have a park view) and a large family. They would not be cramped at least: the 60,000 sq ft on offer is only slightly smaller than the playing surface of a football pitch.

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