Private London palace goes on sale with GBP100m price tag

Ultra-prime developer K10 Group has released its plans for Doughty House in Richmond, one of London’s most important heritage restoration and legacy projects, which will create a private palace with a GBP100 million price tag.

The project involves the transformation of a Grade II listed manor house, gallery wing and Dower House set in one acre of landscaped gardens – once the home of the Viscounts of Monserrate – into a 38,000 sq ft 10 bedroom residence complete with heritage state rooms and world-class leisure amenities.
 
One of London’s most important stately homes, the three Storey Doughty House was originally built in 1769 in the finest Portland stone and London brick for Sir William Richardson, located at the crest of Richmond Hill, providing spectacular views of the River Thames. In 1786 the Georgian mansion, which resembles Highgrove House, was purchased by heiress Elizabeth Doughty and gained her name.
 
Specialist ultra-prime developer K10 Group purchased Doughty House and has spent the last four years working with architectural practice  HTP and international luxury design house Argent,  planning a major multi-million restoration project in order to transforming the property into London’s finest private residence – a 38,000 sq ft palace whose size rivals the garden wing of Buckingham Palace – with the restoration works scheduled for completion in late 2019.
 
Under the current plans for Doughty House, the main house will be refurbished to provide an eight bedroom mansion with a series of magnificent ground floor state rooms including palatial entrance hall with grand staircase, formal dining room, music room, drawing room, library/library and cinema/TV room. The former Victorian-era conservatory will be restored into a split-level family kitchen, breakfast and informal-living area over the ground and lower ground floor levels. 
 
On the first floor will be the master bedroom suite, with His & Hers dressing rooms and bathrooms and a day room. There will also be a principal guest suite with day room, dressing room and bathroom. The top floor will provide four VIP bedroom suites, all with luxurious en-suites, and some with dressing rooms.
 
The lower ground floor will provide a study and covered courtyard garden along with extensive staff quarters including commercial kitchen, laundry room, utility room and three staff studio suites, each with living area, kitchenette and sleeping area. The basement of the house will contain a bowling alley and a car complex for seven cars, with turntable and car lift.
 
The grand two storey gallery wing will be converted to provide outstanding entertaining and leisure facilities. On the ground floor there will be a long gallery capable of entertaining over 150 guests, overlooking the garden on one side and the pool and spa complex on the other.
 
On the upper floor is a winter garden room, providing entertaining space for 160-200 guests. This space provides a palatial private art gallery and ballroom. The winter garden art gallery, combined with the large staterooms throughout the property mean that Doughty House provides a buyer who is a serious art collector with the unique opportunity to be able to showcase their entire art collection in a stately home that was specifically designed as a private art museum.
 
Just as the Cook family showcased their world-class art collection in the mansion and long gallery for four generations, the new owners will be able to do the same. The long gallery will also feature a walk-in cocktail bar and wine store and a club room with private cinema.
 
On the lower ground floor of the long gallery there is a private health spa with its own concierge/reception providing access to a large swimming pool complex with pool surrounded by extensive lounge areas, and a spa facility with spa, sauna., massage room and plunge pool.
 
The two storey Dower House is being converted to provide a guest bedroom suite, orangery/living area, kitchen, winter pavilion and guest/staff suite – bringing the number of bedrooms within the property to 10 in total.
 
From the garden façade of the main house a newly built sweeping Palladian style double staircase will lead down to the extensive gardens. The centerpiece of the 40 metre long main lawn will be a 15 metre long reflection pool, inspired by the one at Chatsworth House.                                                                                         
 
Bordering the lawns there will be extensive mature planting and trees. Pathways will link the main gardens to a separate walled garden which fronts the Dower House.
 
During the initial restoration work K10 Group discovered, hidden beneath flooring and in perfect condition, the Cook family’s original Rolls Royce repair depot. The Cook family being one of the first Rolls Royce motorcar owners in the country.This history has inspired K10 Group to devise plans to create a spectacular underground car museum below the property. The new underground car museum will be accessed by a special car lift, with the complex having direct access into the main house.
 
Kam Babaee, Chief Executive of K10 Group says: “With its Grade II listing, illustrious history, grand state rooms and long gallery, Doughty House is one of London’s most important stately homes. The restoration of this magnificent mansion and gardens into a GBP100 million private palace by K10 Group is a major investment and four year heritage project which will leave a lasting legacy and deliver a totally unique world-class residence.”
 
Kam Babaee, Chief Executive of K10 Group, says: “We are worked closely with a team of world class consultants and heritage experts on our designs to rescue, restore and return Doughty House to its original stately home origins. The construction work and completion of Doughty House is still another two years away. The buyer is acquiring an important piece of British history and a world-class newly refurbished stately home. If a discerning buyer purchases Doughty House now, they will have the advantage of working with us over the next two years to totally customise and refine the current plans and design scheme to their personal tastes and lifestyle. It’s a unique opportunity to acquire what is arguably the most important private palace ever created in London.”
 
Property adviser to K10 Group Peter Wetherell, Chief Executive of Wetherell, says: “The K10 Group strategy is to acquire and restore iconic historic buildings, that are unique pieces of British history, and transform them into private palaces which are a legacy for future generations. The “3 Ls Property Adage” of location, location, location now has a new partner of Vision, Vision, Vision. To have the vision and ambition to create the finest mansion in London is incredible.”
 
Doughty House is scheduled for completion at the end of 2019. Doughty House at 142 Richmond Hill has a guide price of GBP100,000,000.