Belgravia sees super-prime deal surge as ‘new generation of global buyer’ moves in

Grand 1901 townhouse on Lygon Place, asking £21.5mn, was formerly the Italian Embassy & Defence Attaché.

Currently in shell and core form, the rare new-build will be delivery turnkey to its new owners following a fit-out by a 'globally recognised' team of designers.

Conditions are nervy, but some HNWIs are sensing an opportunity & taking a long-term view, reports top acquisition firm.