West Ham chairman David Sullivan has slashed £10 million (or one Jordan Hugill) off the asking price of his luxury London home. But before anyone becomes too concerned that the Irons owner will be without a roof over his head, it’s important to remember that his worth is estimated at a whopping £1.1 billion.
Sullivan, the Hammers’ majority shareholder, has listed his humongous Marylebone townhouse for £65 million, citing the need to be “realistic” about current market conditions.
The impressive six-storey property on Portland Place, close to Regent’s Park, boasts original Georgian architecture, a staircase bigger than the steps to row z in the London Stadium, a wine cellar, two garages, a lift, an indoor swimming pool and sauna, and a gourmet chef’s kitchen. Claret and Hugh have contacted estate agent Knight Frank to verify whether a gourmet chef is supplied with the kitchen but we’ve yet to hear back.
The property, which went on the market last November, also has cinematic history, having appeared in The King’s Speech as well as music videos before Sullivan purchased it. It was once used as an embassy and has a somewhat racy reputation for parties before Sully bought the gaff in 2015.
Despite numerous attempts, I have been unable to accurately gauge how many bedrooms that property has but suffice to say it would be adequate for a large family and pets.
“I’m now selling it at a loss, but you have to be practical,” Sully said. He revealed that he initially bought the home for £27 million and spent nearly £50 million on renovations over seven years, bringing his total investment to around £75 million.
For Hammers fans hoping to grab a bargain, it’s unlikely you’ll be able to use your club cash to buy the house with its own cinema.
Happy bidding.