Saturday, 21st November 2009

 

29 April 2008 - David Bain

Billionaire plans London’s most expensive home

Russian billionaire Roman Abramovich wants to build the most expensive private residence in London that could be worth up to £150m when complete.

Abramovich plans to build the house in Lowndes Square, Knightsbridge – one of the most expensive residential areas in the world.

The eight-bedroom house is expected to have a cinema room, indoor swimming pool, steam room and entertainment room, all set across eight stories – three of them underground. The development will take place in two adjoining townhouses, which were split into nine separate apartments in 1998.

Abramovich has gradually bought up apartments in the houses as they came on the market.

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