Saturday, February 1, 2025

London Mansion Seized From Saudi Royals Sold for £139 Million

From Bloomberg, January 24:

https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iRZgPAe03KRI/v0/1800x1201.webp

A mansion in London’s Regent’s Park that was seized by creditors to members of the Saudi Royal family was sold at a 44% discount to the asking price almost two years after it was put up for sale.

The Holme, a 40-room house whose neighbors include the US Ambassador, was bought for about £139 million ($172 million) by Zedra Trust Company (Uk) Limited on Dec. 13, UK property records show. That price is still one of the highest ever paid for a UK residence. The documents didn’t reveal the ultimate beneficial owner.

The white stucco villa was previously owned by a Guernsey-based company Quendon Ltd., which listed children of Prince Khaled bin Sultan al-Saud as its beneficial owners. Brokers were appointed to sell the property on behalf of creditors to the company in early 2023, with an asking price of £250 million, Green Street News reported at the time....

....MORE 

We've looked at the houses inside The Regent's Park a few times. Here's a post from 2013:

1) The Sultan of Brunei's shack in Regent's Park:

File:St John's Lodge, Regent's Park.jpg
If location, location, location really is the first rule of real estate this is probably the most valuable private property in England. As a starting guess, £200 million......
(that little garden in not part of the St. John's Lodge property and is actually accessible to the public) 
 
If these prices seem a bit rich, there is always Mulvaney & Rogers:
 
https://mulvanyandrogers.com/wp-content/uploads/2020/07/Gallery-Spencer-House-Drawing-Room-End-View.jpg 
 
This house went for £200K. 
It's a doll house but a very nice one.