Fairway Capital has sold a fully refurbished eight-bedroom mansion on Wilton Crescent in Belgravia for £38m.
The property, which spans 9,049 square feet, includes a mews house on Kinnerton Street at the rear.
The sale came after Fairway Capital secured £120m worth of transactions over the last few months of 2024, involving buyers from the UK, Middle East, and Asia.
Negotiations with the buyer, who faced four other bidders, took place during the 2024 festive season, as international buyers visited London to look for properties.
The mansion was acquired by Fairway Capital in 2021, with major refurbishment completed by Leconfield Property Group.
Renovations included a new health spa featuring a nine-metre swimming pool and a gym.
Additional features comprise restored cornicing, bespoke joinery, Louis XVI fireplaces, and high-end kitchen appliances.
The refurbished two storey mews house contains a double garage and two bedrooms.
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 £120 million of resales that Fairway Capital secured over the last few months of 2024 to buyers from the UK, Middle East and Asia.”
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.”