The world's most expensive flat goes on the market

The most expensive flat ever to hit the open market is on sale in London - for £75 million

Updated: 
One Hyde Park flat

London has seen the world's most expensive flat go on the market, after a five-bedroom flat in Knightsbridge was advertised for a jaw-dropping £75 million.

Perhaps unsurprisingly, the flat is in the incredibly exclusive One Hyde Park development - which has set records for flat sales in the capital before. This is the most expensive one ever to hit the open market - although it's thought that one of the penthouses has previously sold privately for more than £140 million.

What do you get for your money?

The dining room

It's certainly a stunning flat. The estate agent details reveal a beautiful property, elegantly decorated and furnished, with incredible views over Hyde Park at the rear and Knightsbridge at the front.

It's enormous too - stretching to 9,000 square feet across an entire floor of one of the pavilions. There's a huge principal reception room, a dining room that would easily sit 12 people, plus a kitchen/diner, flashy media room, study, and five sumptuous bedroom suites. Everything is stylish, understated, cutting edge, and enormously expensive.

The bedroom

For the billionaire buyer, there will also be concierge services provided by the Mandarin Oriental hotel, as well as a number of swanky services available to everyone living in the development - including a library, business suites, entertainment room, private cinema, wine storage, gym, swimming pool and spa.

And you needn't worry about these public areas being overcrowded, because there are just 86 flats in the development, and as Vanity Fair reported in 2013, most of the owners are international billionaires who are only in the building for a small proportion of their time.

The balcony

If you have the money, and you want a life of extreme privacy and luxury, you couldn't get any better in the middle of a vibrant capital city. However, you'll pay a frankly astonishing price for this - the Daily Mail pointed out that even the stamp duty would come to an incredible £9 million.

The Express reported that this is thought to be the flat that sold for £65 million in 2012, but that nothing had been confirmed.

It can surely only be bought by the kind of person who has so many billions of pounds that t£75 million for a London pad will hardly make a dent in their vast fortune. They're likely to be the kind of international buyer who would only ever consider buying the finest property in each of the cities they have a pad.

If they have the cash, and they're willing to spend it on the flat, then the housing market will dictate that this flat is indeed worth £75 million. But what do you think? Let us know in the comments.

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