London's most expensive mansion put up for sale again

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Re-exhibited in London for sale the most expensive mansion

Knightsbridge is one of the richest and most luxurious areas of London.

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45-bedroom mansion in London's prestigious Knightsbridge area overlooking Hyde Park at 2-8A Rutland Gate, which was bought in April 2020 for £210 million, is up for sale again through Beauchamp Estates, Bloomberg writes. It is considered the most expensive property currently on sale.

The home is now owned by the family of Hui Ka Yang, head of real estate giant China Evergrande Group.

According to The Financial Times, Hui Ka Yang bought the property as part of a deal with Chinese billionaire Cheung Chung Kiu, the founder of real estate company CC Land Holdings.

Re-exhibited in London the most expensive mansion for sale

London's most expensive mansion re-listed

Hui, once one of China's richest men, has disposed of most of his assets after how the collapse in the real estate market led to the default of Evergrande and other developers. His net worth dropped from around $30 billion to $6 billion at the end of 2019.

Before the mansion was bought by a Chinese man, the previous owner was Saudi Crown Prince Sultan bin Abdulaziz, who died in 2011 year.

The area of ​​the house is 5800 square meters. The seven-story building was built as four large family houses and then rebuilt into one in the 1980s. 68 of its 116 windows overlook Hyde Park. In addition to 45 bedrooms, it has a swimming pool, and some rooms are decorated with semi-precious stones. The building has been empty for over 10 years.