London mansion sells for $47 million in first major real estate deal of 2025
A mansion in London's Belgravia has sold for £38 million ($46.5 million), marking the city's first major real estate deal of 2025. The eight-bedroom estate, originally built in 1827, was recently renovated and sold by Fairway Capital. The property features a landscaped garden, a wellness center with a gym and swimming pool, and restored interiors that maintain its historical character. It was previously owned by financier Glenn Maud and has attracted multiple bidders since hitting the market. Fairway Capital's CEO noted a resurgence in buyer confidence in London's prime market following recent political events. The sale follows £120 million in resales secured by the firm in late 2024.