An eight-bedroom Victorian mansion in The Boltons, a tony enclave of just 28 houses in London’s affluent Kensington neighborhood, sold in December for £40 million (US$55.57 million), according to Aylesford International, the brokerage that handled the sale.
The transaction appears to be the priciest house sale in the capital in 2017, according to U.K. land registry data, though there is currently no data for December. The most expensive overall sale came in April, with the purchase of a £90 million (US$125 million) apartment in nearby Knightsbridge, the data showed.
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Spanning nearly 10,000 square feet, the house has six bathrooms, a full-floor master suite, four reception rooms, a game room, a cinema, staff accommodation, a gym and an almost 100-foot-long garden, according to a previous listing for the property that shows it was asking £49.5 million (US$68.7 million) since hitting the market in June.
The property is "a well-loved family house," Brendan Roberts, director of Aylesford International told Mansion Global in an email statement. It’s "beautifully presented and very comfortable but sympathetic to the period style of the house," he said.
The seller is an American who is returning to the U.S., and the buyer is a U.K. family who plans to make the home their main residence, said a representative for Aylesford International, who did not identify either party by name.
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"We are not aware of any significant sales in the prime Central London market of over £30 million (US$41.67 million) since May 2017, so the sale is a notable one," Mr. Roberts said in the statement. "There has been an undoubted correction in market values and a significant reduction in activity following the increases to Stamp Duty Land Tax in December 2014, subsequently compounded by the Brexit vote in June 2016 and the resulting uncertainty."
The Independent first reported the sale.