London’s most expensive house has come up for sale after the expiry of a massive loan secured by its Saudi Arabian owners.
The Holme, set in four acres of Regent’s Park in central London, has already attracted interest from ultra-wealthy buyers. Knight Frank and Beauchamp Estates, the agents selling the property, are hoping for as much as £250m from a deal.
That would top the price of London’s previous most expensive home, the £210m mansion overlooking Hyde Park owned by Evergrande founder Hui Ka Yan.
The mansion fell into the hands of receivers after a loan of about £150m, secured against the property as well as other assets including a New York home and a plane, expired.