10 of the Most Expensive Luxury Apartments Sold in London During 2015
If the popular press is to be believed, the London property boom is over. Global financial events, diminishing foreign investment and government levies all cited as instrumental in halting the buying frenzy.
That said, London, is still home to some of the most expensive and exclusive real estate in the world (read our best London Estate agents review).
During 2015, luxury apartment sales, although reportedly slower than previous years, still exchanged contracts for staggering amounts.
And, with many prices undisclosed, which is common in the luxury market and in itself is an indication of the prices properties sold for, it’s reasonable to assume that luxury apartment sales remained buoyant.
Using information from Savills, one of the world’s premier property agents, we are able to glimpse into the high end property market and use the deals completed during 2015 as a barometer for the market as a whole.
Although not exhaustive, 10 of the most expensive luxury apartments sold in London during 2015 gives us a taste of what can be bought if you are fortunate enough to be in a position to buy in this market.
One Hyde Park
It was reported in June 2015 that a luxury apartment in One Hyde Park was up for sale for £75 Million. It’s not known whether this apartment actually sold and for what price, but what we do know, Savills reported a sale in June 2015 for an undisclosed fee.
One Hyde Park is billed as one of the most exclusive addresses in London, and one of the top three in the world. One Hyde Park is an apartment complex boasting unrivalled views over Knightsbridge, The Serpentine, and Hyde Park.
Residents benefit from an extensive list of services including cinema, ozone pool, spa, treatment rooms, golf simulator, meeting rooms, 24-hour concierge and award-winning interior design.
This luxury apartment in Elizabeth Street is set over two floors and comes with private on street entrance and private indoor lift. Less than a third of a mile from Sloane Square and Knightsbridge, the property also benefits from 3 bedroom suites, drawing room, orangery, dining room, and a large kitchen/breakfast room.
With unrivalled views over Eaton Square and easy access to the shopping village, this property sold in July 2015 for an undisclosed fee.
With a guide price of nearly £16 Million, this 3,500 sq. ft. stylish lateral third-floor apartment sold in October 2015.
The apartment which is in the transformed Beaux-Art building benefits from in demand high ceilings, private balcony, 3 bedroom suites and a 24h hour concierge service. The property is enhanced by its proximity to Bond Street; Mount Street, Berkeley Square and the artisan quarter of Mayfair.
An alternative form of living in London is private hotel residences. This apartment in the luxurious Corinthia Hotel in Whitehall Place sold for a guide price of £15,660 Million in July 2015.
Bespoke design and quality synonymous with a residence of this stature, the apartment also benefits from the use of The Corinthia Hotel services including a Michelin starred restaurant.
The penthouse in Battersea offers the ultimate in riverside living. Located on the south bank of the River Thames, the modern residence offers floor to ceiling windows with stunning views over Chelsea, the river and beyond.
Sold for an undisclosed fee in May 2015, and complete with 4 bedrooms, 5 bathrooms, wrap around terrace, underground parking, 24-hour concierge service and resident swimming pool and gym, the property is one of the most desirable in London.
Another one of those undisclosed fee properties, the Grade ll listed lateral apartment is one of the most exclusive in Cadogan Square.
With 3 reception rooms, 5 bathrooms, upper floor balcony, and secure parking, the apartment has been tastefully created to preserve its listed status whilst incorporating 21st-century living.
Sold in July 2015 for £14.25 Million, the penthouse in Knightsbridge is one of the most sought after garden squares in London. The Lowndes Square property is within walking distance of Sloane Street, Harrods, and Hyde Park.
At 3,800 sq. ft. over one floor, the penthouse boasts a master bedroom suite, 3 further bedroom suites, study room, dining room, cinema room, underfloor heating and 24-hour porter service.
In July 2015, this 4 bedroomed apartment in Hans Crescent, directly opposite to Harrods, sold for a shade under £14 Million.
Housed in the Knightsbridge mansion block, and designed by award-winning Candy & Candy, the luxurious apartment has maintained its original features whilst being extensively renovated to offer 4 bedroom suites, terrace, kitchen/dining area, high level of security and an onsite porter service.
As we move down the price scale, for a modest £10 Million, the buyer of this fourth-floor luxury apartment in Grosvenor Square got two apartments for the price of one.
Not only did the buyer get a 2 bedroomed home, in one of the most sought after squares in London, but also a studio flat for their staff, complete with kitchenette and bathroom.
Last on our list of luxury apartments in London is a £6.95 Million property in Gledhow Gardens.
Set over two floors and offering 4 bedroom suites, study and extensive south facing views over communal gardens, architect Ian Hogarth has utilised light and space to create a truly exceptional apartment.
The London property market, especially at the top end is shrouded in mystery. Many properties are bought as investments rather homes, therefore, actual prices are rarely advertised, even ownership can sometimes be difficult to establish.
What we do know, the luxury apartments on this list sold during 2015, and are probably only the tip of the iceberg. Many will have changed hands wrapped up inside business deals and gone unreported.
Even so, what this list does prove is, London is still and probably always will be one of the most expensive yet most popular places in the world to buy a luxury apartment.