The Storied Naval Club in London's Mayfair Neighborhood Lists for £35M

The Storied Naval Club in London’s Mayfair Neighborhood Lists for £35M

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The toast of Mayfair is now on the market. Asking £35 million, or approximately $48 million, The Naval Club mansion stands the largest of its kind in the affluent London neighborhood. The property could be worth an estimated £100 million if it gets refurbished into a private residence, according to listing agency Wetherell.

While the Naval Club has been around for years as a private member’s club, one of its most relevant claims to fame is that The Queen, Prince Philip, and Prince Charles have all been guests here. Additionally, ‘The Thursday Club,’ which was shown in early episodes of The Crown as a fun pastime of Prince Philip’s, is said to have socialized at the Naval Club in the 1950s. According to a statement from Buckingham Palace, at 99 years old, Prince Philip peacefully passed away today. A known Navy man, this listing now holds more weight and emotion.

Within its stately 17,131 square feet of interior space, the home could hold a potential of 16 bedrooms as well as two full floors of reception rooms. Located at 38 Hill Street, the mansion is Grade II-listed. Such architectural status does not prohibit a switch to residential use, but merely adds to the prestige of it all.

Further potential upgrades for the property include the possibility of a courtyard garden terrace at the rear and a roof garden atop the sixth floor. These additions, as well as redoing the layout, are what could more than triple the property’s value. Founder and Chairman of Wetherell, Peter Wetherall, predicts that the buyer of this lavish offering could be a billionaire from Qatar, India, Britain, America, or China.

Wetherell and Gerald Eve hold the listing together.