Six luxury apartments have gone on sale at London’s most prestigious new address, and they boast more than just bespoke interior design and six-star concierge.
The Grade II listed building, known as The Buckingham, also shares a history with the nearby royal residence. It was originally designed by architect Sir James Pennethorne, who created the south wing of the Palace.
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After three years of renovation, there are now a handful of two and three bedroom apartments available inside the white-stucco property, and as to be expected, they aren’t cheap.
Prices for the new homes start at £4.35 million ($5.6 million), with the palatial three-bedroom penthouse listed with the Beauchamp Estates Private Office for £18 million ($23 million). It comes with two private terraces plus a share of the freehold and is said to be the “jewel in the crown of the project.”
“The penthouse is a very special double-lateral residence and provides 5,189 sqft of luxurious living space over two floors with features including three reception areas and a family kitchen/breakfast room on the lower floor, with a glamorous sculptural staircase sweeping up to the three VIP bedroom suites on the upper floor,” Marcus O’Brien of Beauchamp Estates told HouseBeautiful.co.uk. “The interior of this apartment has been designed by the renowned David Collins Studio whose clients have included Alexander McQueen, Amanda Wakely, Fortnum & Mason and Bergdorf Goodman. The penthouse encapsulates contemporary design and luxury at its very best.”
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The other five apartments in the collection also feature regency-style interiors with a spacious entrance hall opening onto a double reception room. They are all equipped with the latest home entertainment and security systems linked to the 24-hour concierge. But the staggering price tags reflect more than just the “19th century grandeur” of the unique building.
In 2016, Buckingham Palace, which boasts around 775 rooms, was valued by Foxtons estate agents at £2.2 billion ($2.8 billion) and over the last two years, average property values in the ‘Buckingham Palace Quarter’ have risen by 26.3 percent, compared to 9.1 percent for Mayfair, 3.6 percent for Knightsbridge and 0.8 percent for South Kensington.
For some, the chance to live as close as you possibly can to the sovereign is a selling point that’s hard to beat.
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From: Harper’s BAZAAR US