Barbadian superstar Rihanna’s former rental London mansion has just been sold for an impressive £27.5 million, which is approximately $33.4 million. The property was represented by Savills and Aston Chase, both acting as appointed agents. Rihanna, known for her hit “Diamonds,” resided in this lavish mansion, spanning 6,332 square feet, located on the prestigious St. John’s Wood Park. The mansion was acquired by an overseas family, who set a new record by paying a remarkable £3,500 (about $4,250) per square foot for this luxurious abode. The Fenty Beauty founder called this palatial estate home for approximately two and a half years during her stay in the United Kingdom from 2018 to 2020. At the time, the multitalented billionaire mogul was leasing the residence at an astonishing rate of £18,000 (or $21,870) per week.
Mark Pollack, co-founding director of Aston Chase, explained that this sale highlights the increasing demand from Chinese buyers for super-prime properties in London. He noted, “As a result of an inability to travel during the pandemic, many wealthy Chinese and Hong Kong residents are prioritizing a ‘Plan B’ in the eventuality of another unforeseen event leading to the Chinese government restricting movement.”
This prestigious white stucco mansion, originally designed by the renowned architect John Shaw Junior and constructed in 1844 by local builder William Holme Twentyman, has a rich history. It was once the residence of De Beers diamond tycoon Daniel Francis. The fully refurbished five-story mansion features eight bedrooms, multiple reception rooms, a library, and an open-plan kitchen. A standout feature is the impressive 21-foot terrace that provides breathtaking views of the expansive rear garden.
Another notable highlight is the property’s private gym, complete with a weight room and exercise studio. While it remains uncertain whether the new owner intends to expand the current wellness facilities, the property already includes approved plans for an additional health spa. This proposed spa would boast a swimming pool, a sauna, a steam room, and massage facilities, enhancing the estate’s luxurious amenities.
Stephen Lindsay with Savills expressed their delight in successfully facilitating the sale of this famous St John’s Wood Park house, which has become one of the biggest real estate transactions in the area in 2023. He highlighted the exceptional nature of this historic house, the sole surviving one of royal architect John Shaw’s original villas on St John’s Wood Park into the 21st century. The substantial price achieved underscores the value and quality of this unique trophy home and the enduring appeal of St John’s Wood to both local and international buyers.
In conclusion, Rihanna’s former London mansion has set a new benchmark for luxury property sales in the area, reflecting the increasing interest from affluent Chinese buyers seeking to invest in super-prime London real estate. This iconic mansion, with its rich history and lavish features, continues to captivate discerning buyers from around the world, showcasing the enduring appeal of St John’s Wood Park.
