£50m mansion sale beats all previous records.

With all this talk of a market slowdown we are seeing some incredibly expensive houses being snapped up here in the UK. Last week was a £35m pad bough by Israeli Diamond billionaire and this week we`ve got the sale of Toprak Mansion on The Bishop`s Avenue, London by a billionaire from Kazakhstan. That makes this sale a record breaker as it`s the most expensive new build sold in the UK to date. Now we`re awaiting the sale of Updown Court, the £70m mansion in Surrey that towers above these recently sold. The property was marketed discreetly for several years, and incredibly the asking price climbed from £30m to £50m as prime residential London prices soared. It will now be known as the Royal mansion.
Toprak Mansion itself is one of two houses built on a plot of land that was left empty after squatters burnt down the previous house. The neo-classical Toprak, with a green copper roof and Grecian-style pillars at the front, sits in two acres of garden and boasts a main salon that is 80ft long with a 30ft dining table, a Turkish bath that can accommodate 20, a swimming pool with a glass bridge and four separate kitchens. The purchaser intends to spend up to £30m on a revamp by a top Italian designer, as well as installing a beauty salon, spa, heliport, cinema and squash court. Trevor Abrahamson, managing director of Glentree Estates, the estate agent, sold both Toprak Mansion and Palladio. `It is another record amount, but the purchaser thinks it is a very reasonable figure for this sort of house,` he said. Via.