Audley House in Mayfair London has a master bedroom which is one and a half times the size of a typical London home. The mansion is available for rent and at £65,000 per month, or £780,000 a year it is perhaps the most expensive rental residence on offer in the city. The annual billings for council tax, gas and electricity, water, TV license and security alone add up to £125,000 a year. Tenants hoping to rent the mansion will have to pay £15,000 a week over and above that. If you want to draw up a five year contract, the deal would be worth £3.9million.
The Deposit Costs as Much as an Average English Home
The terms and conditions of the rental are standard as the interested parties will have to fork out a six week deposit and the first month’s rent if they want the home. It will add up to £150,000 which is close to the average price of a home in England and Wales which stands at £167,000. The mansion is known for its fine furnishings and bespoke furniture apart from antique crystal chandeliers and grand fireplaces. The mansion boasts of restored period features and state-of-the-art security and audio/entertainment technology. The sense of luxury is evident at the entrance itself with hand painted silk wall paper in the grand entrance hall along with perfectly restored ceiling and a sweeping staircase.
The Home is Owned by Telecom Billionaire John Caudwell
It is a six storey mansion which provides a total of 8,346 square feet of living space. Valued at £ 35 million, the mansion boasts of five VIP bedroom suites and four reception rooms. It also features a family kitchen, gym and private walled gardens. The luxury home is owned by John Caudwell who made his fortune by building an immensely successful telecom company over 20 years. He started off in 1987 with his brother and was wise enough to bet on world’s booming industry of mobile phones. He created Singlepoint, the service provider which he ultimately sold to Vodafone for $650 million. He then invested heavily in his handset store, Phones4U which grew so much in value that the majority stake he sold in 2006 fetched him $2.8 billion. He has a liking for real estate and has made several such investments.
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