Seven floors, forty-five rooms, a triple-height ballroom, a two-level basement to hold a collection of luxury cars and one hundred and sixteen windows, sixty-eight of which overlook Hyde Park. This is the description of the most expensive house in the UK mass for sale from Evergrande that super-rich royalty and investors have their eyes on. The Knightsbridge building is in fact for sale for one figure in excess of £200 million. According to experts, among other things, once the house has been renovated it could even be worth double. The project has already been presented and approved by the City of Westminster Borough Council: it could become an eight-storey building of 5.760 square meters worth over £ 500 million.
Who owns the most expensive private house in the UK?
According to the Guardian, in fact, in the last few weeks five potential buyers have visited the nineteenth-century residence, including "royal families of the Middle East and super-wealthy American investors.”
In 2020 the property was sold for £205 million to a mysterious buyer. II Financial Times identified it: it would be about Hui Ka Yan, the founder, president and majority shareholder of Evergrande.
Evergrande Crisis: Hui forced to sell
Hui now he would be forced to review the splendid property, uninhabited for over 10 years, due to the depth crisis that hit Evergrande, the Chinese real estate giant, sending it to the brink of default. Since July 2020, in fact, according to the Bloomberg Billionaires' Index, his assets have been reduced by 83% to 6 billion dollars due to the collapse of Evergrande shares.
In recent times, in order to pay off the company's debts, the Chinese billionaire has sold a number of assets, including other real estate properties scattered around the world, pieces of art and two private jets. Now it would be the turn of this splendid private building overlooking Hyde Park. According to FtThe London home, purchased in January 2020 when Hui's net worth was around $31 billion, is just the latest of the jewels the debt-ridden tycoon has been forced to put up for sale.
