Buyer pays £27 million for One Hyde Park apartment

Would you pay nearly £27 million for a flat above a car showroom? One buyer has done just that, forking out the equivalent of £6,400 per square foot for the apartment in London's swanky One Hyde Park development.

After a bidding war, agents John Taylor told the Daily Mail, the five-bedroom, 4,200-square-foot apartment was sold last week to an unnamed buyer. It's one of 86 residential apartments in the block, which has been billed as 'the world's best address', with luxury stores including a McLaren showroom on the ground floor.

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