A basement apartment in London for a little over $30million (Australia) or 16 million pounds, doesn’t just sound like a lot of money: it is a lot of money!
Luxury real estate brokers in London know that the Russians are coming, so this is precisely the market that they are targeting.
Recently, two basement apartments went on the market in London: 1A King Street, near St James’s Square, is 3,500 square feet of prime property complete with leather furniture, crystal chandeliers and stone clad bathrooms featuring a waterproofed TV. Although, if you do get lost in one, a waterproofed television comes as standard equipment. The developer, Manhattan Properties says this about the apartment:
Located in the very heart of the Piccadilly and St James’s district, this stunning residence, comprising some 3,500 sq ft, with it’s own street entrance, has been meticulously reconfigured and refurbished by Manhattan Properties, and combines a period elegance in a calm and contemporary style.
With exemplary period features, this apartment boasts an elegant drawing room with solid oak flooring, dining room with marble fireplace, kitchen/breakfast room, as well as an open study/library with skylight, a spectacular master bedroom suite with floating bath and two further double bedroom suites. The property incorporates the highest contemporary specification, technology, fixtures and furnishings.
The accommodation features an entrance hall, drawing room, dining room, kitchen/breakfast room, cloakroom, library/study, master bedroom suite with dressing room and en suite luxury bathroom, guest bedroom suite with dressing room and large bathroom, and the third bedroom with an en-suite.
Leather adorns the banister, bed-heads, door handles and inside the jewellery drawers in the walk-in wardrobes. There are two entrances, one with a concierge, the other private.