Initial price	£9,250,000
14/08/24	£8,750,000
Price Change	-5.41%

A rare development opportunity presents itself on the prestigious Bishops Avenue, known as "Billionaire's Row" in London. The existing residence, owned since 1971, has been granted approved planning permission to be replaced with a grand mansion of approximately 15,000 square feet. With no deadline to commence construction, this represents an extraordinary chance to own a piece of prime London real estate. The new build, designed by Charlton Brown Architects, will feature 8 bedrooms, 7 bathrooms, 5 receptions, an indoor swimming pool, gym, cinema, sauna, staff accommodation, and underground parking. Professional builders estimate construction costs at £300 per square foot, with a potential valuation of £1300 per square foot once completed. This is a significant investment opportunity in one of London's most desirable addresses.