Marcus Cooper buys One Cornwall Terrace for £80m

Read: Marcus Cooper to build “London’s first £200m property” at Regent’s Park

One of Britain’s most expensive homes, One Cornwall Terrace, has been sold for £80m to property developer Marcus Cooper.

The terraced house overlooking London’s Regent’s Park boasts seven bedrooms, nine bathrooms, 11 reception rooms, a heated indoor swimming pool, a private gym and a garage with a number-plate recognition mechanism.

The property came on the market in November last year for £100m but Cooper managed to snap it up for £20m less.

The Grade I listed home was designed by architect Decimus Burton in the 1820s and supervised by Buckingham Palace architect John Nash.

Once home to the New Zealand high commissioner, even the lights in the building are controlled by an iPad.

Back in 2006, Cooper’s property firm Marcus Cooper Group bought 16 period properties in Belgravia and Mayfair from Duke of Westminster’s Grosvenor group. 

Marcus Cooper Group also owns the former British Land headquarters in Cornwall Terrace and plans to convert it into £300m worth of homes.

Last year, the company won planning permission for a £500m residential development overlooking Battersea Park.