2–8a Rutland Gate
| 2–8a Rutland Gate | |
|---|---|
Rutland Gate, SW7 Knightsbridge, London | |
| Country | United Kingdom |
| Coordinates | 51°30′06″N 00°10′07″W / 51.50167°N 0.16861°W |
| Construction started | 1985 |
| Completed | 1987 |
| Owner | 2-8 Rutland Gate Limited - Mohannad Al Marar |
| Technical details | |
| Floor count | 7 |
| Floor area | 60,000 square feet (5,600 m2) |
| Design and construction | |
| Architecture firm | YRM |
2–8a Rutland Gate is a large terraced house on
Description
2–8a Rutland Gate is a large white stuccoed house originally built as a terrace of four houses in the mid 19th-century. The four houses were later converted into a single property.[3] A competition to redesign the house was held in 1982 and won by the architectural firm YRM. The present 2–8a Rutland Gate was built between 1985 and 1987, replacing 2 Rutland Gate and 4–8a Rutland Gate, a group of 1930s houses. The Survey of London describes the design of the present 2–8a Rutland Gate as "One of YRM's least Modern designs ... the building comprises a rather bland white palazzo."[2]
In 2012, the house was described as having seven storeys and 45 bedrooms, with a total size of 60,000 square feet (5,600 m2). The interior of 2–8a Rutland Gate has a swimming pool, underground parking, several lifts, and substantial interior decoration of
2–8a Rutland Gate has been likened to two other palatial London houses, Bridgewater House in St James's, and Dudley House in Mayfair.[1]
History
Since 1982, 2–8a Rutland Gate has been owned by Yunak Corporation, registered in the
The house remained unsold and was later valued at £140 million in early 2015.
A loan of £55 million to fund the cost of stripping out the property was secured against the house in December 2014, issued by Omni Capital Partners, a financial services company owned by the property developers Christian and Nick Candy.[3] After 2–8a Rutland Gate had not sold by July 2015, the Saudi owners of the property were planning to turn the house into luxury apartments.[5]
In April 2020, Chinese businessman Cheung Chung-kiu bought the property for £210 million, which would make it easily the most expensive house ever sold in the UK.[6]
In October 2022 The Guardian quoted a Financial Times article which reported that
In February 2023 the house was sold to a low-profile Arabian/Antiguan heir named Mohannad Al Marar as shown on public records for 2-8 RUTLAND GATE LIMITED for over £300M which makes it the most expensive home ever sold in the U.K's history.
References
- ^ a b c Esther Addley and Yasmin Morgan-Griffiths (13 September 2012). "Money's not too tight to mention for buyer of £300m London mansion". The Guardian. Retrieved 28 October 2015.
- ^ a b "Survey of London – Rutland Gate". Survey of London: Volume 45, Knightsbridge. British History Online. Retrieved 29 October 2015.
- ^ a b c Esther Addley (28 June 2015). "Bejewelled bidets going cheap: London mansion's contents in public auction". The Guardian. Retrieved 28 October 2015.
- ^ a b c Ed Hammond and Sally Gainsbury (12 September 2012). "Hyde Park mansion on sale for £300 million". Financial Times. Retrieved 28 October 2015.
- ^ a b Jim Armitage (15 July 2015). "Seven-story mansion to be converted into luxury flats to rival One Hyde Park". The Evening Standard. Retrieved 28 October 2015.
- ^ "Summary of freehold", HM Land Registry, retrieved 26 November 2022
- ^ Neate, Rupert (8 October 2022). "Yours for £200m? UK's most expensive house goes up for sale, again". The Guardian. Retrieved 26 November 2022.