Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Monday 01 June 2015 4:10 am

Royal apartments dubbed the “One Hyde Park of their day” go on sale in London’s Mayfair

By: Emma Haslett

Add as a preferred source on Google

When the Candy Brothers' One Hyde Park development went on sale with the most expensive flats in the world back in 2011, Londoners scoffed at their £65m price tags.

But it's not the first time the capital has played host to some of the world's most exclusive apartments: in the early 19th century, the voluminous mansions at Connaught Place in Mayfair, one of the first streets in London to have gas lit illumination, was similarly regarded. Now seven apartments on the street have gone up for sale after housebuilder Redrow redeveloped the homes. And, compared with One Hyde Park, they're practically a bargain – with prices starting at £11.75m. 

Five and Six Connaught Place were originally built by architect Graham Taylor in 1807, and were later home to, among others, Lady Augusta Murray, the first wife of Prince Augustus Frederick, sixth son of George III. Later, Princess Caroline, the Princess of Wales, moved into number seven.

The homes, which start at a giant 3,839 sq ft, come with a manned concierge supplied by Harrods Estates (naturally), and include plush interiors designed by the likes of Candy & Candy, Heatherwick and Clapham Taylor.

Having once backed onto Hyde Park, the apartments are still within spitting distance, with reception rooms that overlook the park and their own gardens.

And although the price tag might be steep for most of us, it's likely the apartments will be snapped up: despite concerns over mansion taxes in the run-up to the General Election, the top end of the London property market has bounced back, according to research published last week by estate agent comparison site Getagent.co.uk, which said the number of homes worth £2m or more listed on its site had doubled. 

Martin Bikhit, managing director of Kay & Co, one of the agents marketing the apartments, said they represented an "excellent investment opportunity". 

"The location remains undervalued compared to adjoining Marylebone and Mayfair and as a result of anticipated capital value rises luxury developers have been investing in the location and transforming beautiful Grade II listed buildings into new residential addresses.
 
"The Hyde Park estate is a natural sister address to Belgravia on the other side of the park and we anticipate that there will be a long term rise in values in the district as regeneration and inward investment continues and the supply of ultra prime properties rises which in turn will help to set new price benchmarks and future raise the profile of the area.”

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • London house prices

Trending Articles

  • Exclusive: Big Four giant KPMG to cut more jobs

  • Music tycoon Simon Cowell sued by prominent City lawyer

  • The former African gold miner taking on the billionaire Issa brothers

  • Tesco ‘in talks’ to exit eastern Europe

  • Easyjet agrees to £5.7bn Apollo takeover

More from City PM

  • Cruxy founder: The worst advice I’ve ever had? Stay in your lane

    Opinion
    Carrie Osman, business strategist, speaking at a conference with a focused audience in a modern, well-lit venue.
  • Where can I watch the Fifa World Cup from in London?

    Sport Business
    Breaking news headline with bold typography on a digital display screen in a newsroom setting
  • McCall or Rowe: A Prem Rugby titan will bow out this weekend

    Sport Business
    GettyImages 2271932499 shows a significant event related to the latest news, capturing key details and visual elements.
  • Billionaire John Caudwell: Britain needs to stop criticising the wealthy and start celebrating success

    Property
    John Caudwell speaking at a business conference podium, surrounded by audience, emphasizing economic growth and innovation
  • Commander and Peace have Mighty chances

    Sport
    Mighty Commander leading strategic meeting with team, discussing innovative solutions in a modern conference room setting
  • A meeting with the breakfast king of Mayfair

    Life&Style
    Peter Rosengard seated at his regular table in Claridges, Mayfair, showcasing his daily breakfast routine as a life insura...
  • TG Jones owner Modella puts jobs at risk in shoe retailer overhaul

    Retail
    High streets emptied out as retail sales fell in May.
  • Pull an all-nighter for the 1AM England World Cup game at these London pubs

    Life&Style
    Breaking news event with business professionals discussing important financial updates in a modern conference room.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook