This is London's Newest Most Expensive Address

published on 29 Mar 2017
Wealthy people looking to live in one of the most exclusive and secure places in the world might as well move to SW1, London's most expensive address and probably the safest in the world given that you'd live only 330 feet away from Buckingham Palace, Queen Elizabeth II's official residence. 

Property company Northacre is behind No 1 Palace Street, a project to transform a 19th century building located on a corner site opposite to the Buckingham Palace into a 72-flat private residential development. The building that exists there used to be a hotel for guests of Queen Victoria. In renovating the building, Northacre merged five architectural styles: 1860s Grade II Listed Italiante Renaissance, 1880s French Renaissance, 1880s French Beaux Arts, 1890s Queen Anne, and Contemporary with the goal to create a modern yet timeless structure. 

All apartments, spanning over 2,620 square feet to 5,378 square feet, will be bespoke and consists of two to five bedrooms. Features and amenities include solid-oak floors, oversized doors, 15-foot ceilings, access to a 2,000-square-foot gym, a 65-foot indoor swimming pool, a meeting room, a library, a garden and valet and concierge service. The price for the flats are about $22.5 million (€20.9 million), but only 18 are still available on the market. 

Photos: Northacre