It has been home to two MPs, the Sassoon family of Baghdadi financiers and a base for the Red Cross.
Now 17 Belgrave Square in Belgravia is to be turned into a single home valued at £110 million, making it one of the most expensive residences in London.
More recently the headquarters of the Royal College of Psychiatrists, the Grade I listed building between the Austrian Embassy and the London branch of the Country Land and Business Association is being redeveloped after standing vacant for several years. The work will be completed next summer.
“It's the square for royalty and world leaders and [properties] come to market only very rarely,” said Sanjay Sharma, co-founder of developers Fenton Whelan, which is behind the project.
He told The National it is an extremely unusual “speculative development” at the very high end of the market, but it “reflects our conviction that London will always remain a very attractive place for the world's elite”.
Mr Sharma said 17 Belgrave Square would be a single family residence of 22,000 square feet in “possibly the best square” in London and would be marketed from early 2026.
Any prospective buyer would most likely be a billionaire who “lives globally”.
Belgrave Square, circled, is moments away from Buckingham Palace, top centre, and Hyde Park, left.
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