This $47 Million London Mansion Is the City’s First Super-Prime Sale of the Year
In one of London’s first major deals of 2025, a Grade II-listed mansion asking £38 million (or $46.5 million) has found a buyer.
Measuring just over 9,000 square feet, the eight-bedroom estate on Wilton Crescent was the original home of the Ponsonby family, the Earls of Bessborough, and dates back to 1827 when it was built by architects Thomas Cubitt and William Howard Seth-Smith. Most recently during the 1990s and early 2000s, the palatial pad belonged to former billionaire financier Glenn Maud. At the time, Maud tapped Robert Kline—decorator to King Charles III—to redesign the interiors of the house, which is reported to have cost £6 million (about $7.3 million).
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The neo-classical residence, in addition to a mews house on nearby Kinnerton Street, was sold by Fairway Capital to an unidentified U.K. buyer. The investment firm acquired the abode in 2021 and put the place through yet another renovation with the help of Leconfield Property Group. By the time it hit the market, there were four other competitive bidders interested in the property.
“We are delighted to confirm the sale of the turn-key mansion on Wilton Crescent in Belgravia, which we believe is London’s first super-prime residential deal of 2025,” says George Brooksbank, CEO of Fairway Capital. “It follows £120 million of resales that Fairway Capital secured over the last few months of 2024 to buyers from the U.K., Middle East, and Asia.”
Post-renovation, the property now has a newly landscaped crescent-shaped garden designed by James Wyatt. In addition, the restored manse has a new elevator in the main house that holds three large reception rooms and a kitchen on the ground and first floors with five bedrooms suites located on the upper levels. In terms of finishes, there are tons of details that recreate the home’s original character. Think reproduced Louis XVI fireplaces and custom-designed Versailles and herringbone-style parquet flooring.
The most modern addition, however, is the lower ground floor, which has been transformed into a wellness center complete with a gymnasium, an underground swimming pool, and a steam room. Elsewhere, the two-story mews house sports a garage, a kitchen, a reception room, two bedrooms, and a bathroom.
“With the U.K. general election and 2024 Autumn Budget out of the way there has been a noticeable return to the prime central London market of discerning buyers over the last few months,” Brooksbank adds. “Buyer confidence has returned, and we are looking forward to a successful and busy 2025.”
Click here to see more photos of Wilton Crescent.
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