UK

Britain's Most Expensive Demolition Project: Mayfair Mansion On Sale For £35m

30/09/2013 11:53 BST | Updated 30/09/2013 11:57 BST
Wetherell

A Mayfair mansion could be Britain's most expensive demolition project after being put on sale for £35m, with permission already granted to knock it down.

Analysts estimate that the new six-storey mansion built in place of the two-storey house could be worth up to £65m, leaving the developer with a final profit of £28m.

The property, 30 Mount Row, is deep in the heart of London's exclusive Mayfair district.

The proposed 16,000 square foot residence would feature a 2,000 sq ft master bedroom suite, more than twice as big as the average British home, along with a 40ft private garden and a guest villa. The new project would boast a dining room that could sit 26 and a library.

The two-storey basement would feature a swimming pool, gym, wine cellars, cinema and a bowling alley. The new house would feature a lift taking visitors through all of the floors.

Peter Wetherell, managing director of Wetherell estate agency, which is selling the property, said: “There are 13 houses in central London openly on the market for more than £30m.

"This is the only tear-down on the list and is the most expensive example ever of a house that has been bought deliberately for knocking down and redeveloping.”

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