Pictures: The Mayfair mansion that’s yours for just £65,000 a month

Fancy living in a mansion in Mayfair but don’t want to commit? You could rent Audley House, one of the most expensive properties ever to be released on to the London lettings market at £65,000 per month.

 

The property, a Grade-II listed Georgian mansion in Mayfair comes fully furnished and ready to move into tomorrow. This ultra-luxury pad was unveiled today by estate agent Wetherell to let for £15,000 per week. That equates to around £780,000 per year or £3.9m over five years.

 

Like ordinary private renters, the tenant is required to pay six week’s worth of rent and one month’s rent up front as a deposit – but that would come to the extraordinary sum of £150,000.

 

 

This opulent townhouse is spread over six floors, taking up just over 8,000sqft. It boasts four reception rooms covered in silk hand-painted wallpaper or Ralph Lauren wall fabric, a 16 seater dining room with an antique chandelier, five bedrooms with ensuite marble bathrooms, grand fireplaces, restored period features and paintings, and state-of-the-art security and entertainment technology. With 1,500sqft of space, the master bedroom suite is the size of a conventional two-bedroom flat. 

 

“The owners of these super-prime properties – rich Gulf royals, wealthy African oil and gas traders and Asian billionaires – have realised that these properties are often sitting empty for most of the year and are only used infrequently,” says Peter Wetherell, managing director of the Mayfair estate agent. “So they have now decided to turn them into ‘cash cows’ by releasing them on to the rental market to regenerate income.”

 

 

He calls this phenomenon the “Candy-fication of the luxury rental market”, after Christian Candy, of CPC Group, which co-owns One Hyde Park in Knightsbridge, arguably the most extravagant apartments in the capital.

 

Ordinary Londoners may gasp at these rental prices, but for the potential tenants of this historic mansion, it’s likely to be pocket change, says Wetherell.

 

 

“The tenants are, of course, the people next in line down the super-rich food chain, the wealthy young overseas princes (often students in London), New York traders on secondment to London, visiting rock stars and Hollywood film stars, all wanting an uber-glam short stay pad while they are in London. Really, it’s wealth being circulated within a very closed circle of super rich people.” 

 

For more information, call Wetherell on 020 7529 5566 or visit wetherell.co.uk.