Abandoned Algerian embassy in upmarket Holland Park goes on the market for ...

Abandoned Algerian embassy in upmarket Holland Park goes on the market for ...
Abandoned Algerian embassy in upmarket Holland Park goes on the market for ...

An abandoned embassy building not far from the Beckhams' London townhouse is up for sale for around £25m.

The former Algerian embassy has stood vacant for ten years but is described as a promising doer-upper for a developer with deep pockets.

The 19th century, Italianate style building is five storeys tall and situated in London's exclusive Holland Park.

It is close to homes owned by David and Victoria Beckham, fashion designer Stella McCartney and music mogul Simon Cowell

The luxurious building in London's Holland Park is on the market for an estimated £25million

The luxurious building in London's Holland Park is on the market for an estimated £25million

A large, family living room with exposed wooden floors has the potential to be transformed into an ambient space

A large, family living room with exposed wooden floors has the potential to be transformed into an ambient space

Another room in the property is in much need of a revamp, with a damaged carpet and tired curtains

Another room in the property is in much need of a revamp, with a damaged carpet and tired curtains

At almost 10,000sq ft of space, it's a daunting challenge for whoever takes on the renovation project.

However agent Savills has listed a huge amount of potential benefits as it has a sunny, south facing garden, period features including fireplaces and cornicing, and the 'strong artistic heritage' of the surrounding area.

Currently Price On Application, it is understood to be on offer for around £25m.

It was first put on the market in 2017 for £30m but has so far failed to sell - possibly due to the huge potential cost of its renovation.

However it could be worth more than £50m if turned back into one family home.

A large drawing room with a parquet wooden floor and round fireplace

A large drawing room with a parquet wooden floor and round fireplace

The hallway boasts an elegant interior, in keeping with its history as a former embassy building

The hallway boasts an elegant interior, in keeping with its history as a former embassy building

A blurb from the agents says: 'Benefitting from a south facing garden, which favorably bounds Holland Park Mews, the property has been an embassy for approximately 43 years, but has not been actively used for this purpose since 2011.

'The

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