This TERRACED house will cost you £55m…and there's an even BIGGER catch!
HOUSE prices in London are eye-watering at the best of times.
The mid-terrace will set you back £55million
But the money being demanded for this TERRACED property in the capital really takes the biscuit.
The seven-bedroomed mansion - just around the corner from Buckingham Palace - will set you back a staggering £55m.
That's 279 times the cost of the average UK home - and more than twice the GDP of the entire Polynesian island of Tuvalu.
The impressive terraced property boasts three reception rooms
Even with a £10 million deposit and record low interest rates, your monthly mortgage payments would exceed £240,000.
And that's after you've forked out the £6,513,750.00 stamp duty bill.
Entertaining is unlikely to be a problem in this sumptuous dining room
But there's an even BIGGER snag with the impressive Belgravia residence. If you move in and give the building a quick lick of paint you could face JAIL.
That's because the house is Grade II listed, so even minor alterations such as painting or simple repairs could require formal permission under the 1990 Planning Act.
If this bedroom doesn't appeal there are six more to choose from
Any changes would require listed building consent, which can be an extremely complicated process.
The controls apply to any works for the demolition of a listed building, or for its alteration or extension, which is likely to affect its character as a building of special architectural or historical interest.
But then of course, unless you've just won Euromillions, it's unlikely to be a problem.
The property boasts a stunning indoor swimming pool
Located in Eaton Square, one of the country's premier addresses, the beautiful property boasts a vast swimming pool, jacuzzi, gym and luxury private cinema.
The house is stretched over eight stunning floors and comes complete with six bathrooms, as well as three enormous reception rooms.
The classy private cinema is one of three reception rooms
It benefits from superb views, a passenger lift, mews with double garage and a large winter garden with retractable glass ceiling.
The many amenities of Knightsbridge, Sloane Street and Chelsea are all close at hand and there are good transport links with fast access to Gatwick from Victoria Station, just 500 yards away.
And, at a whopping 9642 sq ft, it's easy to see why estate agents Savills have slapped on the enormous price tag.
The Queen is a neighbour, with Buckingham Palace just a block away
This sweeping staircase is one of eight in the property
The lavish property goes on sale as average house prices continue to soar across the country, rising 0.8 per cent in December alone.
House prices in Britain have increased by 4.5 per cent in 2015 with the average price of a property in the UK now £196,999, according to Nationwide.
London was the best performer for the fifth year running, with average prices up 12 per cent compared to a year ago.
One of the six impressive marble bathrooms
No modern London townhouse is complete without a plush private gymnasium