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The cost for one of London's most pricey apartments will <br> <br> begin at £35million - with 600 megarich customers already securing a spot on the waiting list.<br> <br> <br> <br> <br> <br> Pricing details of billionaire John Caudwell's spectacular <br> <br> 1 Mayfair development have now been revealed and only those with the deepest pockets can hope to afford one of the lavish <br> <br> pads.<br> <br> <br> <br> The cheapest apartment on offer is expected to be an eye-watering £35million - around 70 times the average <br> <br> cost of a house in the capital.<br> <br> <br> <br> Due to complete in Spring 2026 the scheme will easily surpass London's previous record <br> <br> breaker, the £1.3billion One Hyde Park development <br> <br> in Knightsbridge.<br> <br> <br> <br> Caudwell told The Standard that there are already more than 600 prospective buyers on a <br> <br> waiting list of billionaires and centi-millionaires who have expressed an interest in making <br> <br> a purchase at the scheme.<br> <br> <br> <br> There will be just 24 'principal residences' in the property including lateral apartments, penthouses <br> <br> and townhouses with up to five bedrooms, and five more <br> <br> smaller 'pieds-à-terre' apartments.<br> <br> <br> <br> The size of the homes has not yet been disclosed but the developers say even the most modest <br> <br> property will start with a guide price exceeded by only <br> <br> a handful of mansions in London's richest neighbourhoods. <br> <br> <br> <br> <b>The average price of all 29 units - which <br> <br> cover 300,000 sq ft - will be close to £70million. </b><br> <br> <br> <br> <br> <br> <br> <br> <br> <br> The cost of London's most pricey apartments will begin at <br> <br> £35million - with 600 megarich customers already securing <br> <br> a spot on the waiting list. Pictured: A Computer generated image <br> <br> of the Mayfair development<br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> Details of pricing at John Caudwell's spectacular Mayfair <br> <br> development has now been revealed and only those with the deepest pockets can hope <br> <br> to afford one of the lavish pads. Pictured: The building's topping <br> <br> out ceremony<br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> The entry level price of £35million is 70 times the average London property <br> <br> value of around £500,000, and 130 times the national average price <br> <br> of £268,000 revealed in today's Nationwide house price survey for <br> <br> November.<br> <br> <br> <br> The development's basement is being dug down to 90ft below ground <br> <br> level to make room for a health spa with a 20 metre swimming pool as well as a car park.<br> <br> <br> <br> <br> <br> The designs were led by New York based architect Robert Stern and practice RAMSA, <br> <br> with contractors, Mace, the construction managers <br> <br> and PJ Carey responsible for the creation of the basement substructure and superstructure.<br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> Due to complete in Spring 2026 after a six years build the scheme will easily <br> <br> surpass London's previous record breaker, the £1.3billion One Hyde Park development in Knightsbridge.<br> <br> Pictured: The ground floor at 1 Mayfair <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> Billionaire John Caudwell (pictured) is funding the scheme.<br> <br> He founded the mobile phones retailers Phones <br> <br> 4u<br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br> The size of the homes has not yet been disclosed but the developers say even the most modest property will start with a guide <br> <br> price exceeded by only a handful of mansions in London's richest neighbourhoods.<br> <br> Pictured: A glamourous hallway within Mayfair 1<br> <br> <br> <br> <br> <br> <br> <br> <b><u>Be the first to commentBe one of the first to commentComments</u></b><br> <br> <br> <br> <b>Would you spend £35M+ on a luxury London apartment?</b><br> <br> <br> <br> <b>Comment now</b><br> <br> Caudwell - who founded the mobile phones retailers Phones 4u - attended the topping out of 1 Mayfair alongside senior members <br> <br> of the construction team.<br> <br> <br> <br> The ceremony was marked by the final steel rafter, one of 79 at <br> <br> roof level, being put into place on the top of the nine-storey main apartment building.<br> <br> <br> <br> <br> <br> No expense has been spared on the building's interior and it will feature a ceiling with hand-painted frescos based on Michelangelo's <br> <br> Map of the Heavens in the Vatican, a reception room with a double <br> <br> height ceiling and 18ft high French windows overlooking <br> <br> the garden.<br> <br> <br> <br> There will also be a Palace of Versailles Hall of Mirrors-style crystal callery, <br> <br> created from over 1,264 hand-set pieces of cut glass, a library and a garden gallery, with seating <br> <br> areas opening directly onto the central courtyard garden.<br> <br> <br> <br> <br> <br> Hyde ParkLondon<br> <br> <br> <br> My web site :: ขายไวน์ (<a href="https://ide.geeksforgeeks.org/tryit.php/f5972a5b-4e4c-4fc0-b0da-1c2fb51fd418">ide.geeksforgeeks.org</a>)