Qataris behind £40m Mount Street mega-deal?

A canny PCL agency has identified some prime Westminster streets where savvy buyers can "save" almost 60% by opting for a refurb project over a luxury new-build.

A big sale has gone through on leafy Avenue Road in St John's Wood, just a few weeks after a neighbouring mansion changed hands for over £40m.

Holland Park's double-fronted villas regularly command some of London's loftiest prices, but not many come with scope to more than triple the space on offer.