Saudi prince to sell Kensington mansion for £100m
House being sold by Saudi prince who demands all potential buyers sign confidentiality agreement before viewing property
A Saudi prince has put his house in Kensington up for sale for £100 million, with prospective buyers required to sign a confidentiality agreement before they are granted a viewing.
It is one of the 29 houses on Kensington Palace Gardens, dubbed “Billionaires’ Row” with a combined value of more than £3.5 billion.
Known as super-prime property in the £6,000 per square foot pricing band, the houses are so expensive because they very rarely get put up for sale, and are just yards away from the Duke and Duchess of Cambridge’s Kensington Palace home.
If Prince Abdul Aziz bin Fahd is able to find a buyer for the house, on Palace Green, it would be one of the most expensive houses ever sold in the UK, and the lucky new resident could claim Tamara Ecclestone, the Sultan of Brunei and the embassies of Israel, Norway and Romania as neighbours.
The listing is being handled by estate agents Knight Frank, who were reported by The Times to have already approached a number of potential buyers, getting them to sign confidentiality agreements regarding what they might see inside the property.
The prince is the son of the late King Fahd, who ruled Saudi Arabia for 23 years, and between them the Saudi royal family is believed to own a number of houses in the area.
Ed Mead, a director at Douglas & Gordon estate agent, said that there would be enormous interest in any sale as houses on the street changed hands so infrequently.
“I think that the overriding reason this street remains a world beater is because it is the only place you can buy proper old-fashioned trophy assets,” he said.
“People buy into the history of the street, and its location near Kensington Palace is a key attraction.”
- 1 Student jailed for hacking University of Birmingham computers to improve his grades
- 2 Smartphones are making children borderline autistic, says psychiatrist
- 3 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 4 Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
- 5 The most powerful passports in the world
Student jailed for hacking University of Birmingham computers to improve his grades
Smartphones are making children borderline autistic, says psychiatrist
Nepal earthquake: More than 1,100 killed across four countries and in Mount Everest avalanche
Royal baby: Live updates as the wait continues for Duchess of Cambridge's second child
Hermann Goering's daughter fails to reclaim items looted by Nazi deputy during WWII
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
Rupert Murdoch berated Sun journalists for not doing enough to attack Ed Miliband and stop him winning the general election
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£22000 - £40000 per annum: Recruitment Genius: This company is part of a Group...
£16000 - £18000 per annum: Recruitment Genius: Are you a a young, dynamic pers...
Voluntary: Cancer Research UK: We’re looking for someone to support our award ...