London’s costliest apartment on sale for £150 million

London's most expensive flat

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London’s most expensive apartment, at Admiralty Arch, which stands between Buckingham Palace and Trafalgar Square, is up for sale at over £150 million, according to a report in The Telegraph.
This beats the price of Hyde Park at £140 million, the next most expensive property to be put on sale in London’s property market.

The flat at Admirality Arch, which was once home to Sir Winston Churchill and Lord Mountbatten, comes with 12 bedrooms and the new owner will have the option of either keeping it as one apartment or splitting it into four flats.

Six-metre high ceilings, extravagant cornicing, a concierge service, off-road valet parking and lifetime membership of a private members’ club are among the few privileges the property would offer to its buyer, according to the report.

The building is being sold by Spanish developer Rafael Serrano, who bought a 250-year lease of the building from the Government in 2012 for £60 million.

Source: Telegraph

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