The sellers of one of London’s most prestigious homes have slashed a whopping £35 million off the asking price in a bid to attract a buyer.
The 14-bedroom Heath Hall was originally put on the market for £100 million back in 2011, making it the most expensive home for sale in the UK at the time.
With no buyer forthcoming, estate agents Knight Frank have now reduced the price to ‘just’ £65 million.
To put that price into context, if you were somehow able to stump up a 10% (£6.5m) deposit and secure a mortgage with a 5% rate over 25 years, your monthly repayments would be £58,459.
Perhaps still out of the average buyer’s price range – even with the £35 million reduction!!
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