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HomeBusinessRegent's Park mansion Hanover Lodge sold by Russian oligarch for £113m

Regent’s Park mansion Hanover Lodge sold by Russian oligarch for £113m

Sale comes as Russian owners offload London assets amid heightened tensions with the West

A London mansion overlooking Regent’s Park that was once Britain’s most expensive house has been sold by a Russian businessman for £113m

Indian billionaire Ravi Ruia has bought Hanover Lodge from Andrey Goncharenko in an off-market deal, the Financial Times reported.

The 2,400 square metre mansion at 150 Park Road was built in 1827 and designed by John Nash, the architect of Buckingham Palace.

Grade II-listed Hanover Lodge was at one time the residence of the French ambassador to the UK and has a gym, sauna and a gallery, as well as accommodation for in-house staff and a swimming pool that can be converted into a ballroom.

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