London’s Most Expensive Apartment Up For Sale

An apartment is going on sale in London with a record £150million ($197 million) price tag - buying you the Queen as a neighbour and wonderful views.

The luxury pad in a Grade I listed building in upmarket Admiralty Arch is 15,000sq ft big - and boasts 12 bedrooms and just as many bathrooms.

Situated on The Mall — leading from Trafalgar Square to Buckingham Palace — it is one of the most expensive apartments in the world.

Previous inhabitants include former PM Winston Churchill and Lord Mountbatten —while author Ian Fleming worked there while coming up with the ideas for James Bond.

For that money you are believed to get:

ü  Rooms with six metre-high ceilings

ü  Antique fittings dating from 1910 with intricate crests and original fireplaces

ü  Off-road valet parking

ü  A private entrance and your own lift

ü  A 24-hour concierge service plus security

ü  Lifetime membership of a private members’ club.

ü  The property is reportedly being quietly touted to rich potential buyers by representatives of Spanish developer Rafael Serrano. You would have to pay a deposit now and move in within three years.

The multi-millionaire bought a 250-year lease to the building designed by Sir Aston Webb from the Government for £60million four years ago. The property is reportedly being quietly touted to rich potential buyers by representatives of Spanish developer Rafael Serrano. You would have to pay a deposit now and move in within three years.

The multi-millionaire bought a 250-year lease to the building designed by Sir Aston Webb from the Government for £60million four years ago.

He is believed to be offering buyers the chance to own the huge apartment in its entirety - or split it into up to four separate flats, ranging from 1,700 to 7100sq ft. The average price is rumoured to be in the region of £8-9,000 per square foot - bringing it to about £150million in total.

Stamp duty due to the government would be around £16million on such a property.

Much of the rest of the site is being turned into a 100 bedroom luxury hotel - which many international hotel groups are keen to get their hands on.

If the Admiralty Arch property sold for £150m it would surpass London’s previous most expensive flat – at One Hyde Park that sold for £140m in 2014.