Fairway Capital, advising the Fairway Capital Fund, sold a €45.2m 840m2 fully refurbished and modernised eight-bedroom mansion on Wilton Crescent in London’s Belgravia, including a mews house on Kinnerton Street to the rear, to a UK buyer.
The mansion was acquired by fund manager Fairway Capital in 2021, and major refurbishment works were undertaken by Leconfield Property Group. The Wilton Crescent mansion was originally built in 1827-8 by Thomas Cubitt and William Howard Seth-Smith based on a masterplan by Thomas Cundy II under the auspices of Robert Grosvenor, the 1st Marquess of Westminster. Wilton Crescent fronts onto a 0.2ha crescent-shaped garden, the landscaping designed by James Wyatt.
During the Edwardian era, the townhouse and crescent were clad in Portland stone in a Neo-Classical style by Balfour and Turner (1908-1912). The mansions were updated with new lighting and plumbing. In the 1990s and early 2000s, billionaire financier Glenn Maud owned the mansion and commissioned a €7.1m interior makeover by Robert Kline, decorator to King Charles III.
In 2021, Fairway Capital acquired the mansion, and Leconfield Property Group undertook a meticulous reconstruction behind the Grade II Listed façade.
The restored mansion provides substantial accommodation over the basement, lower ground, ground and four upper floors. It has a spacious entrance hall and inner hall, a restored original cantilevered main staircase and a newly installed passenger lift. The main house provides three large reception rooms and a family kitchen/breakfast room on the ground and first floors with five VIP bedroom suites (all ensuite) on the upper floors.
The extensive refurbishment project by Leconfield Property Group included bespoke joinery throughout, beautifully restored cornicing to the principal rooms, reproduced Louis XVI fireplaces, custom design Versailles and Herringbone style parquet flooring, new designer kitchens with Brazillian marble worktops and Gaggenau appliances and luxurious bathrooms with book-matched Italian marble. The refurbished two-storey mews house provides a double garage, kitchen, reception room, two bedrooms and a bathroom.
George Brooksbank, CEO of Fairway Capital said: “We are delighted to confirm the sale of the turn-key mansion on Wilton Crescent in Belgravia, which we believe is London’s first super-prime residential deal of 2025. It follows £120m (€142.8m) of resales that Fairway Capital secured over the last few months of 2024 to buyers from the UK, Middle East and Asia.”
George Brooksbank added: “With the UK general election and 2024 Autumn Budget out of the way there has been a noticeable return to the prime central London market of discerning buyers over the last few months. Buyer confidence has returned, and we are looking forward to a successful and busy 2025. All our deals involved newly refurbished, built or consented properties funded by Fairway Capital and developed by Leconfield Property Group. The finished products have seen highly successful sales campaigns, clearly appealing to the younger demographic, with the majority of the buyers being in their early 30s to early 50s.”
Image source - Fairway Capital.
