The mansion in Lyall Street, Belgravia. Photo: Beauchamps Estates
The mansion in Lyall Street, Belgravia. Photo: Beauchamps Estates
The mansion in Lyall Street, Belgravia. Photo: Beauchamps Estates
The mansion in Lyall Street, Belgravia. Photo: Beauchamps Estates

Grand London mansion with a hint of historical scandal on sale for £23.5m


Matthew Davies
  • English
  • Arabic

Belgravia is a remarkable area of London. From Hyde Park to Victoria, bordering Buckingham Palace on one side and the retail delights of Chelsea and the King's Road to the west, you'd expect it to be overrun with tourists and shoppers.

But the elite streets of Belgravia are a haven of peace in London – grand residences look down on small, well-kept leafy squares, which are open only to the area's residents.

The list of rich and famous residents, both former and current, is lengthy. Royals from all over Europe, ultra-wealthy socialites and famous actors have all lived in Belgravia at one time or another – it's rumoured that a young Mozart composed his first symphony in its quiet streets, where later, two James Bonds, Sean Connery and Roger Moore, had houses.

As such, a rare opportunity to live in this most sedate and exclusive part of London has presented itself – the former Belgravia mansion of the casino tycoon and zoo owner John Aspinall has come on the market priced at £23.5 million ($29.4 million).

'Magnificent trophy home'

It was at the magnificent 5,456 square foot, five-bedroom property on Lyall Street where Mr Aspinall, known to his friends as Aspers, partied with Lord Lucan and Sir Jimmy Goldsmith.

The day after Lord Lucan's disappearance in November 1974, when the peer seemed to have fled the country after the murder of his children's nanny, Mr Aspinall and his friends Charles Benson, Dominic Elwes and Bill Shand-Kydd gathered for lunch in the dining room.

Lord Lucan, right, was entertained at the Lyall Street mansion by John Aspinall, left, its then-owner, during the 1960s. Getty Images
Lord Lucan, right, was entertained at the Lyall Street mansion by John Aspinall, left, its then-owner, during the 1960s. Getty Images

Tabloid newspapers have since speculated, with no evidence, that the group had plotted and assisted in Lord Lucan's disappearance. Nonetheless, a whiff of scandal remains to this day, even though the elusive Lord Lucan was never found and was declared dead in 2016.

"Lord Lucan was a regular guest and the house gained global publicity when it was involved in the events surrounding his disappearance, which remains a mystery to this day," said Gary Hersham, founding director of Beauchamp Estates, the agent for the mansion's sale.

"Now fully refurbished, modernised and interior-designed, it offers a magnificent trophy home for a family wanting a large house in Belgravia, one of London’s most sought-after addresses.”

After John Aspinall's death in 2000, the mansion became the London home of property developer Charles Delevingne, where his daughters Chloe, Poppy and Cara grew up.

Famous sisters Poppy and Cara Delevingne lived in the house as children. January Images/Shutterstock
Famous sisters Poppy and Cara Delevingne lived in the house as children. January Images/Shutterstock

Socialites and actresses, the Delevingne sisters have modelled for Burberry, Chanel, Stella McCartney, Versace and Louis Vuitton and also count Princess Beatrice and Sienna Miller among their friends.

As an actress, Cara is best known for playing Margo Roth Spiegelman in the romantic mystery film Paper Towns (2015), the Enchantress in the comic book film Suicide Squad (2016), and Laureline in Luc Besson's Valerian and the City of a Thousand Planets (2017).

At 18 years old, Poppy made an appearance in the Sunday Morning music video by Maroon 5. Later, she would play the role of Clara Von Gluckfberg in Kingsman: The Golden Circle. She also appeared in The Boat that Rocked and Absolutely Fabulous: The Movie.

Eldest daughter Chloe now lives with her husband and two children in Finstock, a quiet village in the Cotswolds north-west of Oxford, having spent her teenage years in the Belgravia mansion.

By 2014, the Delevingnes had moved on and within a couple of years, the mansion was bought by its current owners who launched an impressive refurbishment and upgrading project, creating an interior which is both homely and grand; both cosy and, let's face it, nothing short of fun, with a stunning design partly inspired by the 1960s glitzy Aspinall casino and private members' club heritage of the property.

The entrance hall of the Lyall Street home. Photo: Beauchamps Estates
The entrance hall of the Lyall Street home. Photo: Beauchamps Estates

Immaculately presented, the Grade II mansion, built in 1839, has a classic grand double frontage that leads into an exceptionally ornate entrance hall, with marble slab flooring, a Regency marble fireplace and a sweeping staircase hall giving access to the upper floors.

The substantial accommodation of nearly 5,500 square feet is spread over lower ground, ground and three upper floors, all of which are connected by a lift.

The dining room where Mr Aspinall and his friends met after Lord Lucan's disappearance is now a sitting room with a distinctly elegant eastern feel. The room has a beautifully Chinese-style blue and ivory design scheme, with furniture and carpets inlaid with Japanese dragons.

Leopard detailing in the drawing room. Photo: Beauchamp Estates
Leopard detailing in the drawing room. Photo: Beauchamp Estates

To the rear of the ground floor is the state-of-the-art, fully-fitted family kitchen, with Gaggenau appliances and a central island.

The first floor is home to a huge main drawing room, which stretches the full width of the house and can be divided into a reception room and a dining room. It's from this space that French windows open on to a generous first-floor terrace, which sits above the mansion's pillared entrance portico.

The sitting room has a blue and ivory design scheme. Photo: Beauchamps Estates
The sitting room has a blue and ivory design scheme. Photo: Beauchamps Estates

The current owners have created a drawing room that pays homage to the fun and entertainment that is so much part of the house's history, with marble flooring, tall windows, beautiful chandeliers and deep carpets.

Resplendent with faux leopard skin throws, lavish red curtains and bespoke furniture, this is the vibrant space where Belgravia's rich and famous rubbed shoulders with members of Europe's royal families and England's landed gentry.

Spacious bedrooms

Detailing on the Lyall Street lift. Photo: Beauchamp Estates
Detailing on the Lyall Street lift. Photo: Beauchamp Estates

One floor above, the jade-themed principal bedroom suite takes up the entire second floor, complete with a very spacious main bedroom suite, walk-in dressing room and marble en-suite bathroom.

Elite visitors who have had their fill of excitement and entertainment in the drawing room can retire to the principal guest suite on the third floor, with its spacious bedroom, dressing room and en-suite bathroom.

The principal bedroom suite. Photo: Beauchamps Estates
The principal bedroom suite. Photo: Beauchamps Estates

The fourth floor plays host to two more bedrooms, one with separate dressing room and en-suite bathroom. A 40 foot-long roof terrace garden can be found on the top floor, with its own covered cocktail bar/kitchenette area ideal for outdoor entertaining.

More delights are below ground level in the Lyall Street mansion. The lower ground floor includes the fifth bedroom suite, an outside patio garden, cinema, gym, steam and spa room, professional chef’s kitchen and two storage vaults.

The bathroom in the guest bedroom suite. Photo: Beauchamps Estates
The bathroom in the guest bedroom suite. Photo: Beauchamps Estates

Houses of this calibre in areas such as Belgravia are a rarity on the open market. The new owners will be buying a slice of British history, a luxury family home and an elegant entertainment space that would be the envy of many.

“Offering both width and depth, this substantial Belgravia mansion benefits from large entertaining rooms, a wonderful roof garden with cocktail bar and a garden patio, alongside a range of luxurious leisure amenities including a cinema with cocktail bar and steam/spa room," said Charles Lloyd, head of Beauchamp Estates for Mayfair and Belgravia.

The roof garden terrace. Photo: Beauchamps Estates
The roof garden terrace. Photo: Beauchamps Estates

"It is one of the best houses currently available for sale in Belgravia and is immaculately presented and beautifully interior-designed.”

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The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

Results

5pm: Al Maha Stables – Maiden (PA) Dh80,000 (Turf) 1,600m; Winner: Reem Baynounah, Fernando Jara (jockey), Mohamed Daggash (trainer)

5.30pm: Wathba Stallions Cup – Maiden (PA) Dh70,000 (T) 1,600m; Winner: AF Afham, Tadhg O’Shea, Ernst Oertel

6pm: Emirates Fillies Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Ghallieah, Sebastien Martino, Jean-Claude Pecout

6.30pm: Emirates Colts Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Yas Xmnsor, Saif Al Balushi, Khalifa Al Neyadi

7pm: The President’s Cup – Group 1 (PA) Dh2,500,000 (T) 2,200m; Winner: Somoud, Adrie de Vries, Jean de Roualle

7.30pm: The President’s Cup – Listed (TB) Dh380,000 (T) 1,400m; Winner: Haqeeqy, Dane O’Neill, John Hyde.

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

The Baghdad Clock

Shahad Al Rawi, Oneworld

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

'Ashkal'
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F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

500 People from Gaza enter France

115 Special programme for artists

25   Evacuation of injured and sick

UAE currency: the story behind the money in your pockets
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Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

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SERIE A FIXTURES

Saturday Spezia v Lazio (6pm), Juventus v Torino (9pm), Inter Milan v Bologna (7.45pm)

Sunday Verona v Cagliari (3.30pm), Parma v Benevento, AS Roma v Sassuolo, Udinese v Atalanta (all 6pm), Crotone v Napoli (9pm), Sampdoria v AC Milan (11.45pm)

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While you're here
Our legal advisor

Rasmi Ragy is a senior counsel at Charles Russell Speechlys, a law firm headquartered in London with offices in Europe, the Middle East and Hong Kong.

Experience: Prosecutor in Egypt with more than 40 years experience across the GCC.

Education: Ain Shams University, Egypt, in 1978.

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Updated: May 10, 2024, 3:20 PM