The $292 million sale of The Terraces estate in the Caribbean might have made Vaucluse villas look like fibro cabins, but London’s palatial The Holme makes the Mustique mansion look like a holiday home.
Simply put, The Holme – which has hit the market with a listed price that’d effectively make it the most expensive London property ever sold – is one of the most remarkable properties in all of the UK that isn’t currently occupied by a member of the Royal Family.
Situated on four acres of pristine parklands in Regent’s Park and boasting its own ornamental lake, the mansion itself contains 40 bedrooms and 29,000 square feet of living space.
It’s understood to have been owned by the Saudi Royal Family for two and a half decades since they bought it in 1998, but following the expiry of a massive £150 million (AU$267 million) loan they had on the property, The Holme entered receivership; now in search of new owner via agents at Knight Frank and Beauchamp Estates.
If The Holme does indeed sell for its £250 million (AU$445 million) target price, it’ll eclipse the £200 million (AU$356 million) sale of 2-8a Rutland Gate back in 2022.
Alongside a number of family members, Prince Abdullah bin Khalid bin Sultan al-Saud of Saudi Arabia is one of The Holme’s current owners, which was built by English architect James Burton in 1818 and also features a tennis court, eight-car garage, library, and sauna.
“It is a proper trophy… and you will have to wait a while for the next one, so I would not be surprised if it breaks records. It would not be a low-profile transaction so will require a buyer who is not at all shy,” Roarie Scarisbrick, a partner at Property Vision, told the Financial Times.
Considering the significance of the property and the circumstances which it has returned to the market, all eyes will be on its eventual buyer and final selling price.
