A two-storey house at One Hyde Park in England’s capital London has become the most expensive house ever sold in the UK after being sold to a Offshore buyer for a whopping £160 million.
An apartment of two-storey at One Hyde Park in England’s capital London has become the most expensive house ever sold in the United Kingdom after being sold to a private offshore buyer for a whopping £160 million.
It surpassed the earlier record of £140m for Park Place, which was bought by Russian billionaire in year 2011.
According to an article in Guardian, the extravagance apartment has two wine cellars and two balconies with a park sight.
The residents will be able to access room service from luxury Mandarin Oriental hotel situated nearby.
London is resident to the highest number of ultra-high-net-worth individuals in the world. The average house costs roughly £290,000 to buy.
Housing represents the largest non-financial asset in the UK with a net value of £5.1 trillion (2014).