Saturday 25 August 2012

Life is sweet! Check out the most expensive house (for sale) in UK. Stunning Mansion!

A breathtaking mansion built for a sugar magnate has become the most expensive house for sale in Britain at £100million - and even the estate agents’ brochure will set you back £2,000.

Heath Hall was constructed on London’s most exclusive street - The Bishops Avenue in Hampstead - in 1910 for William Park Lyle of the Tate & Lyle family.

It fell into disrepair until property magnate Andreas Panayiotou bought it in 2006 and transformed it into one of the capital’s finest properties.
How much? This stunning mansion on a Hampstead street known as billionaires' row has gone on sale for £100million, making it the most expensive home on the market
How much? This stunning mansion on a Hampstead street known as billionaires' row has gone on sale for £100million, making it the most expensive home on the market


Palatial: The property was built for sugar magnate William Park Lyle in 1910, but fell into disrepair in the 1950s while under the ownership of the Bank of China
Palatial: The property was built for sugar magnate William Park Lyle in 1910, but fell into disrepair in the 1950s while under the ownership of the Bank of China

He spent £40million renovating the mansion and it is now the most expensive house on the open market in the UK.

The stamp duty alone will cost the buyer £7million - enough to buy a magnificent country home in the Cotswolds.
It is so exclusive that potential buyers will have to undergo a vetting process by agents Glentree Estates before paying £2,000 for the glossy brochure.
Eat your heart out: The magnificent three-story house was brought back to its glorious best thanks to a £40million renovation by property tycoon Andreas Panayiotou
Eat your heart out: The magnificent three-story house was brought back to its glorious best thanks to a £40million renovation by property tycoon Andreas Panayiotou


Music to the owner's ears: Mr Panayiotou employed a team of 120 tradesmen for the renovation, adding a further 8,000sq/ft to the already substantial 19,000sq/ft
Music to the owner's ears: Mr Panayiotou employed a team of 120 tradesmen for the renovation, adding a further 8,000sq/ft to the already substantial 19,000sq/ft


High-class finish: Twelve types of Italian marble and seven types of wood, all prepared in Italy, were used for the bathrooms, according to the estate agents
High-class finish: Twelve types of Italian marble and seven types of wood, all prepared in Italy, were used for the bathrooms, according to the estate agents

Fantastic features: The mansion now boasts 14 bedroom suites, six reception rooms, a drawing room, dining room, family room, sun room and snooker room
Fantastic features: The mansion now boasts 14 bedroom suites, six reception rooms, a drawing room, dining room, family room, sun room and snooker room

The property fell into disrepair after the Bank of China took over the three-storey mansion in the 1950s.

Bishops Avenue is now known as Billionaires’ Row because of the incredible wealth of the residents which include the Saudi Royal Family.

And the person who buys Heath Hall will get bragging rights as one of only a few people in London with a nine-figure valued home.

Mr Panayiotou employed a team of 120 tradesmen for the renovation, adding a further 8,000sq/ft to the already substantial 19,000sq/ft.

Entertainment hub: There is also a library, home cinema, steam room with sauna, fully fitted home gym and wine cellar with climate-controlled temperature
Entertainment hub: There is also a library, home cinema, steam room with sauna, fully fitted home gym and wine cellar with climate-controlled temperature

Host with the most: The person who buys Heath Hall will get bragging rights as one of only a few people in London with a nine-figure valued home
Host with the most: The person who buys Heath Hall will get bragging rights as one of only a few people in London with a nine-figure valued home


Tranquil: The home, set in 2.5 acres of manicured gardens, is one of the largest private properties in the capital, but comes with a stamp duty fee of £7million
Tranquil: The home, set in 2.5 acres of manicured gardens, is one of the largest private properties in the capital, but comes with a stamp duty fee of £7million

He was ranked 200th in last year's UK Rich List after building up a £400million property empire, a remarkable achievement given that he suffers from dyslexia.

He learned to memorise words, but never did learn to read in the conventional sense, leaving school at 14 without a single O-level.

But despite his lack of qualifications, he went on to achieve stunning business success.
The son of Greek-Cypriot immigrants, Mr Panayiotou was raised in London's East End.


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