The world’s richest neighbourhood named ‘Billionaire’s row’ the place properties begin at £150m | UK | News | EUROtoday

The world’s richest neighbourhood the place gorgeous properties begin at £150 million

Kensington Palace Gardens is an unique road in west London, close to Kensington Gardens and Kensington Palace.

Entered via gates at both finish and guarded by sentry bins, it was the placement of the London Cage, the federal government’s MI19 prisoner of conflict facility through the Second World War and the Cold War.

The tree-lined avenue half a mile lengthy is likely one of the costliest residential streets on the earth, and has lengthy been referred to as “Billionaires Row”, with properties reportedly promoting for £150 million.

This is as a result of big wealth of its personal residents, though in actual fact the vast majority of its present occupants are both nationwide embassies or ambassadorial residences.

The palace, which is the residence of the Prince and Princess of Wales, the Duke and Duchess of Gloucester, Duke of Kent and Duchess of Kent, and Prince and Princess Michael of Kent, fronts the southern a part of the road on the jap aspect.

The homes on the northern finish are principally Italianate, whereas these on the southern finish are principally within the Queen Anne type. The road is lit by Victorian gaslight streetlights.

Some of the homes have been renovated by the Crown Estate and let to non-public patrons on lengthy leases. One of those was purchased in 2004 by the Indian metal tycoon Lakshmi Mittal, who Forbes journal mentioned in 2008 was the fourth richest man on the earth.

HM Land Registry information state that in June 2004, 18–19 Kensington Palace Gardens, together with three mews homes on the rear of the property, bought for £57 million.

Number 8 was demolished in 1961 and was changed by a glass-and-steel block of 4 residences. The three-bed flat 3 bought in 2006 for £10 million after being valued at £13 million.

It connects Notting Hill Gate with Kensington High Street. The southern part of Kensington Palace Gardens is known as Palace Green.