UK Landlord Forum / Life

THE property market may be sliding into the doldrums, but someone forgot to tell a small patch of north London.

Toprak Mansion on The Bishop's Avenue, Barnet, sold last week for £50m, breaking a record for a newly built property which was set only two weeks ago by a nearby house called Palladio, which was sold for £35m. The name of the Toprak purchaser was given as Horelma Peramam, a billionaire from Kazakhstan.


http://property.timesonline.co.uk/tol/life_and_style/property/article3216733.ece

Just read the full story, its another world!! The buyer will spend £30 milllion refurbishing - I need to get onto the contractors list! If the estate agent was on 1.5% thats a cool £7.5 million, not a bad days work really