CONTI CUTS ASKING PRICE
After years of boundless house price rises, London’s previously jawdropping property market is now struggling as Brexit jitters and higher Stamp Duty bite. One casualty of this slowdown is actor Tom Conti, who has relisted his beautiful Hampstead home for £3.5m less than he tried to sell it for three years ago.
Conti is most famous for his role in the 1989 hit movie Shirley Valentine but more recently he’s starred in TV comedy show Miranda and last year’s family favourite Paddington 2.
Such fame has yet to help him find a buyer for his rambling mansion, which he put on the market for £17.5m in 2015 and then, after cutting its price, gave up on finding a buyer for it.
He’s now relisted the property at £13.95m. But because Conti paid just £770,000 for the house in 1985, whatever the final selling price, he and his wife Kara are going to make a handsome profit on the sale.
Designed in 1903 by mathematician and educationalist William Garnett for his family, its design was inspired by Lewis Carroll’s nonsense poem Jabberwocky. The four-bedroom Edwardian house is set in large gardens, has a double-height ballroom along with an unusual minstrel gallery.
It also has a home cinema, an extraordinary chandelier in one of the reception rooms, outbuildings and a roof terrace with great views over London.
More information from londonrea.com, 0203 327 2750.