The world¿s most expensive terraced house: Grade 1 listed home goes on the …

  • One Cornwall Terrace is a Grade 1 listed mansion overlooking Regent’s Park in London
  • The property is spread across 21,500 sq/ft and boasts seven bedrooms, nine bathrooms and 11 reception rooms
  • The buyer would have to pay £7 million in stamp duty alone

By
Emily Allen

13:27 GMT, 31 October 2012


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16:39 GMT, 31 October 2012

The world’s most expensive terraced property went on sale yesterday for a staggering £100m.

One Cornwall Terrace is a Grade 1 listed mansion overlooking Regent’s Park in London.

The breathtaking property is spread across 21,500 sq/ft and boasts seven bedrooms, nine bathrooms and 11 reception rooms.

The world's most expensive terraced house 1 Cornwall Terrace, London, which has gone on sale for £100 million

Roomy: The property is 21,500 sq/ft and boasts seven bedrooms, nine bathrooms and 11 reception rooms

The front of the world's most expensive terraced house 1 Cornwall Terrace, London

No
expense spared: The house boasts a mixture of classic and contemporary
features from marble and limestone-lined halls to iPad-controlled
lighting

It is being marketed by Savills with
an asking price of £100m – £4,651 per sq/ft – making it one of
the most expensive houses ever put up for sale in England.

At this mega price, the buyer would have to pay £7 million in stamp duty alone.

But
they would also pay just £1,369-a-year in council tax – the same as a
£320,000 property with Westminster Council – the second cheapest borough
in London.

Cornwall
Terrace was originally designed and built in the 1820s by renowned
architect Decimus Burton with the project overseen by the acclaimed John
Nash.

The front of the world's most expensive terraced house 1 Cornwall Terrace, London

Rooms with a view: One Cornwall Terrace is a Grade 1 listed mansion overlooking Regent’s Park in London

The world's most expensive terraced house 1 Cornwall Terrace, London

Close-up: The front of the home has a neo-classical
Stucco elevation with Corinthian pilasters and a grand two-storey bay
embellished with sculpted female columns of the Greek goddess Artemis

NASH’S ARCHITECTURAL LEGACY

John Nash

John Nash (1752-1835) was the son of a millwright but became an architect. He designed much of the layout of Regency London under George IV.

He was also a pioneer in the use of the Picturesque in the design of buildings and their layout which can be seen in Ravensworth Castle, County Durham, Cronk-hill, Shropshire, or Regent’s Park.

His most famous designs are the Royal Pavilion, Brighton, and Buckingham Palace – although the facade to the mall is not Nash’s work.

He trained under Sir Robert Taylor and his marriage to a mistress of the future George IV introduced him to court circles which meant he could benefit from royal patronage.

It was his close friendship with the Regent that meant he was awarded two of his most important commissions – Buckingham Palace and the Royal Pavilion, Brighton.

He had a notorious indifference to detail and relied heavily on assistants, but his strength was in composition.

The front of the home has a
neo-classical Stucco elevation with Corinthian pilasters and a grand
two-storey bay embellished with sculpted female columns of the Greek
goddess Artemis

It became
the official London residence of the New Zealand High Commissioner from
1955 until the 1970s, playing home to lavish parties frequented by
royalty and other members of high society.

Savills
refused to discuss the end-of-terrace property, but the lavish brochure
gives an incredible insight into the home’s level of luxury.

Described
as ‘one of the most important private residences in London’, the
four-storey home has had a no expense spared makeover to be transformed
into one of the capital’s premier ‘trophy homes’.

It boasts a mixture of classic and contemporary features from marble and limestone-lined halls to iPad-controlled lighting.

There
is also a sports complex which includes a gym and swimming pool and the
high-tech gates have an automatic number plate recognition system.

Outside,
the mansion has a beautiful 40-metre long landscaped garden and a grand
double staircase which connects the terrace and landscaped areas.

And
if that isn’t enough, the home is located on the Outer Circle Road
around Regent’s Park – which has 410 acres of gardens and leisure
facilities.

The garden of world's most expensive terraced house 1 Cornwall Terrace, London

Outside space: The garden of the four storey property which is one of the capital’s premier ‘trophy homes’

The world's most expensive terraced house 1 Cornwall Terrace, London

Central location: The huge price tag means the buyer would have to pay £7 million in stamp duty alone

Cornwall Terrace is named after King George IV, who also known as the Duke of Cornwall.

The properties were used as grand residential homes for ambassadors, generals and nobility for 150-years.

At £100 million, One Cornwall Terrace is the the joint most expensive home on the open market in London.

It shares the same price-tag as Heath Hall, a 14-bedroom detached mega-mansion on The Bishops Avenue in Hampstead.

The world's most expensive terraced house 1 Cornwall Terrace, London

Bargain: Buyers would pay just
£1,369-a-year in council tax – the same as a £320,000 property with
Westminster Council – the second cheapest borough in London

The world's most expensive terraced house 1 Cornwall Terrace, London

Pricey: At £100 million, the house is the joint most expensive home on the open market in London

 

The comments below have not been moderated.

‘marketed by Savills’ Is that wise in the current climate? I wouldn’t buy a loaf of bread from anything bearing that name. One to ponder, DM.

Sassy Sista
,

London, United Kingdom,
31/10/2012 17:19

BETTER TO RENT ROOMS OUT TO STUDENTS.

BUSDRIVER1
,

KINGSTON UPON THAMES,
31/10/2012 17:19

Nice but far too expensive

Richard
,

London,
31/10/2012 17:18

JUST HAD A CALL FROM THE LOTTO PEOPLE MY NUMBERS HAVE AT LONG LAST COME UP….SO HAVE JUST USED MY CREDIT CARD TO PAY THE 7MILLION POUNDS STAMP DUTY…..CANT WAIT TO MOVE IN………….

abc123
,

london, United Kingdom,
31/10/2012 17:16

Gorgeous house, wonder who will buy it??

smoking kills
,

cancerville, United Kingdom,
31/10/2012 17:16

you get a lousy class of neighbours in an area like that!

canute
,

on the beach,
31/10/2012 17:15

Wow! I’d love to live in a crib like that ~ Only in my dreams I guess! ~ (Must be astronomical to run though).

Tell it like it is
,

London, United Kingdom,
31/10/2012 17:15

Wow!

George
,

London, United Kingdom,
31/10/2012 17:15

“What a super stunning house, my God we British were a talented nation of people! – Billy the Fish , York, 31/10/2012 17:03” ===== That’s right Billy, with emphasis on the word ‘WERE’ ….

Sleuth
,

East of Eden, United Kingdom,
31/10/2012 17:14

Pity it is named after someone who committed genocide.

Kate
,

London,
31/10/2012 17:13

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