Almost half of Britain’s richest homes are located in just three London postcodes, according to recent research.
The three postcodes form the exclusive ‘platinum triangle’ of Mayfair, Belgravia and Knightsbridge, where properties at the top end of the market can command £60 million and above; showing that while the UK’s prime property market may have suffered since stamp duty changes, it is very far from being dead in the water.
It has also been revealed that five of the 21 most costly properties in Britain are apartments and in certain parts of Mayfair, Kensington and Knightsbridge you can pay between £20m and £30m for a luxury penthouse apartment.
Hidden in plain sight, in and around the 'platinum triangle', mews houses are London's best kept secret. It’s not hard to see why London mews properties are perennially popular with buyers: they are located in prime areas, often in conservation areas that have been preserved for their architectural design and heritage. Many mews properties are freehold and therefore escape the high service charges you might expect if you owned an apartment in a high-end residential block. Most importantly, the cost is dramatically different. This delightful house in Ennismore Mews, Knightsbridge, has an asking price of just £3,975,000.
If you’d like to view this property or any of the other exclusive mews properties, call us at Lurot Brand today.
Forty per cent of all Britain’s homes selling for more than £10million are in just three exclusive London postcodes. Of those 107 properties, only eight are located outside the capital. Almost half are found in the ‘platinum triangle’ of Mayfair, Belgravia and Knightsbridge.