UK’s Most Expensive Home Sells for £140 Million


UK’s Most Expensive Home Sells for £140 Million

The most expensive home listed in Britain is said to have sold to a wealthy Russian for an estimated £140 million.  The Franco Italianate mansion and estate once belonged to Frederick Prince of Wales as well as Greek shipping billionaire John Latsis and a local council that ran it as a school.  The property includes two golf courses, ten tenanted cottages plus another eight in need of renovation, boat house and stables.  The 300 year old estate offers nearly 200 acres of land in Oxfordshire.  The main house offers 27 bedrooms.  Its £140 million price tag makes Park Place Britain’s most expensive home, knocking One Hyde Park, Knightsbridge, London, off the top spot, which sold for £136 million earlier this year.  Developer Michael Spink purchased the estate near Henley in 2007 for £40 million and spent about £100 million on the restoration and reconstruction of the estate.  Who could this mystery Russian buyer be?

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