A luxury townhouse on Park Lane is set to become one of the world's most expensive student digs with a rental price of £4,000 a week.
The brand new 3,540 sq ft pad is worth £12.5 million and couldn't be further from the average student house with glass floors, a roof terrace and 24-hour concierge.
It is built around a dramatic 60ft atrium with a cantilevered glass staircase 'floating' inside, which soars from the lower ground to top floor.
Plush carpets run throughout while opulent chandeliers and furniture decorate three lavish bedrooms, reception room and living space.
Each of the bedrooms boasts a stylish en-suite bathroom while the master suite comes complete with a walk in dressing room and fitted wardrobes.
And the wealthy student will be able to entertain fellow freshers with a 10-seat dining area and designer kitchen, with breakfast bar, gloss units and Miele appliances.
In addition, the three-storey house features a roof terrace overlooking Hyde Park and is the only property on Park Lane with a private entrance - a 10ft solid oak door.
It even has air conditioning, underfloor heating and a 24-hour concierge service, as well as state-of-the-art home entertainment and security systems.
Set in London's exclusive Mayfair, the newly-converted house is available to let for£4,000 a week or £192,000 a year - SEVEN TIMES the average annual UK salary.
It is likely to be called home by a mega-rich teenager from a Middle Eastern royal family - from Saudi Arabia, Qatar or United Arab Emirates.
Eighty per cent of enquiries received by agent Wetherell since it was first advertised a week ago have been from middle eastern 16 to 21-year-olds.
Peter Wetherell, Chief Executive of Wetherell, described number 80 Park Lane as the "ultimate address".
He said: "Park Lane is London's most famous and prestigious address, an iconic location made famous by its enduring blue-chip status on the board game Monopoly.
"This luxurious triplex has the distinction of being the only townhouse with its own private front door on Park Lane, all the other homes on Park Lane being apartments.
"This property will appeal to an ultra-high-net-worth person or family, probably from the Middle East or Asia, who wants to launch themselves into Mayfair society."
Park Lane is one of the most sought-after streets in Westminster, London, and is arguably the city's most famous address.
The 0.7 mile road, which was created by King Henry VIII, runs from Hyde Park Corner to Marble Arch and overlooks the 350 acres of Hyde Park.
The first houses were built along Park Lane in the 1720s and it became the address of choice for aristocracy.
In later years, it became popular with new-money industrial and financial tycoons and is now home to luxury apartment buildings and five-star hotels.
The flash new student house is the only townhouse on Park Lane - all the other homes are apartments, and one mansion-palace owned by an overseas royal family.
Fred Astaire, Somerset Maugham, Cecil Day Lewis, Elizabeth Taylor, Mohammed Al Fayed, the Sultan of Brunei and the Emir of Qatar have all lived on the road.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article