{"id":641,"date":"2015-08-23T00:00:00","date_gmt":"2015-08-23T00:00:00","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/buying-property-in-hampstead-a-billionaire-mistake\/"},"modified":"2018-10-05T13:43:10","modified_gmt":"2018-10-05T13:43:10","slug":"buying-property-in-hampstead-a-billionaire-mistake","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/buying-property-in-hampstead-a-billionaire-mistake\/","title":{"rendered":"Buying Property in Hampstead a Billionaire Mistake"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p class=\"style47\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">To most mere mortals buying a millionaire mansion in the beautiful setting of Hampstead London would be a dream come true however for one billionaire buying a 12.5 million home in Hampstead was a mistake.<\/span><\/p>\n<p class=\"style47\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">Actor, producer and entrepreneur Alki David \u00a041, is the billionaire heir to a shipping and bottle-plant fortune and is ranked No 40 on The Rich List. In 2008 he bought a <\/span><span style=\"font-family: Verdana; font-size: 10pt;\">l<\/span><span style=\"font-family: Verdana; font-size: 10pt;\">uxury home<\/span> <span style=\"font-family: Verdana; font-size: 10pt;\">a seven-bedroom property in Hampstead for \u00a312.5 million. <\/span><\/p>\n<p class=\"style47\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">However the desire to live in Hampstead was short lived after he admits that his wife was the main driver behind the decision &#8216;It was a mistake buying that property,&#8217; he adds. &#8216;I went along with Emma&#8217;s idea of moving to the suburbs&#8217; &#8211; a description of Hampstead that would leave most wealthy locals aghast &#8211; &#8216;but a few weeks after we arrived, I realised I didn&#8217;t want to live there.&#8217; <\/span><\/p>\n<p class=\"style47\" style=\"margin-top: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">\u00a0He now he wants to sell, as soon as he has persuaded his second wife Emma, 30, to leave. The couple, who had been together for five years, have decided to divorce after two years of marriage.<\/span><\/p>\n<p class=\"style47\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">&#8216;We seem to have grown apart,&#8217; says Alki. &#8216;It&#8217;s better to face the truth than struggle on regardless, so we separated.<\/span><\/p>\n<p class=\"style47\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">The average house prices in Hampstead London <\/span><\/p>\n<ul style=\"margin-top: 0px;\">\n<li>\n<div class=\"style47\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">Detached house \u00a3 4,785,636<\/span><\/div>\n<\/li>\n<li class=\"style47\">\n<div align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">Semi Detached \u00a32,053,100<\/span><\/div>\n<\/li>\n<li class=\"style47\">\n<div align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">Terraced \u00a31,482,349<\/span><\/div>\n<\/li>\n<li>\n<div class=\"style47\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">Flat \u00a31,179,861<\/span><\/div>\n<\/li>\n<\/ul>\n<p class=\"style47\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">The house in Hampstead has 8,000sq ft of accommodation, separate staff quarters on the lower-ground floor and a 130ft garden, double garage and off-street parking.<\/span><\/p>\n<p class=\"style47\" style=\"margin-top: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">Alki has spent \u00a3350,000 on new bathrooms, kitchens and floors as well as re plumbing and redecorating throughout.<\/span><\/p>\n<p class=\"style47\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">Grant Alexson, head of the Hampstead office of Knight Frank, says the house is among the top five properties in one of the three best roads in Hampstead.<\/span><\/p>\n<div class=\"style47\" style=\"margin-top: 0px;\" align=\"left\">\n<p><span style=\"font-family: Verdana; font-size: 10pt;\">find <\/span><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=124&amp;search=London&amp;radius=1&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">houses for sale London<\/span> <\/a><\/p>\n<div><a href=\"http:\/\/www.thelittlehousecompany.co.uk\/houses-for-sale-london.htm\">\u00a0<\/a><\/div>\n<\/div>\n<p class=\"style47\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">\u00a9 <\/span><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/category\/news\/\"><span style=\"font-family: Verdana; font-size: 10pt;\">Housing Market News<\/span><\/a><span style=\"font-family: Verdana; font-size: 10pt;\"> by The\u00a0House Shop<\/span><\/p>\n<div class=\"style49\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\"><strong>Our Top House Sale Searches<\/strong><\/span><\/div>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=58&amp;search=Bristol&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Bristol <\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=335&amp;search=Birmingham%2C+West+Midlands&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">House for sale Birmingham<\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=9590&amp;search=Cardiff+%2F+Caerdydd%2C+Caerdydd+-+Cardiff&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Cardiff <\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=35001&amp;search=Henley-on-thames+Station%2C+Oxfordshire&amp;radius=10&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Henley on Thames <\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=146&amp;search=Liverpool%2C+Mersyside&amp;radius=10&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Liverpool <\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=37&amp;search=Southampton&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Southampton <\/span><\/a><\/p>\n<p class=\"style47\" style=\"margin-top: 0px;\" align=\"left\"><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale?autocomplete-selection=419&amp;search=Sheffield%2C+South+Yorkshire&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;type-of-property=&amp;sort-by=most-recent&amp;items-per-page=20\"><span style=\"font-family: Verdana; font-size: 10pt;\">Houses for sale Sheffield <\/span><\/a><\/p>\n<p class=\"style49\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">Find <a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\" title=\"property for sale\">Property For Sale<\/a> <\/span><\/p>\n<p class=\"style47\" style=\"margin-top: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">The House Shop\u00a0has thousands of homes for sale from all over the UK direct from the owners see them here: <\/span><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\"><span style=\"font-family: Verdana; font-size: 10pt;\">property for sale UK<\/span><\/a><\/p>\n[vc_row][vc_column][vc_separator][vc_column_text]\n<h2>Find Properties for Sale in London and the Surrounding Area:<\/h2>\n[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]\n<ul>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/barnet\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Barnet<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/bexley\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Bexley<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/brent\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Brent<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/bromley\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Bromley<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/camden\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Camden<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/chelsea\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Chelsea<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/croydon\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Croydon<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/ealing\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Ealing<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/enfield\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Enfield<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/fulham\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Fulham<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/greenwich\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Greenwich<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/hackney\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Hackney<\/strong><\/span><\/a><\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/hammersmith\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Hammersmith<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/haringey\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span>\u00a0<span style=\"color: #f58350;\"><strong>Haringey<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/harrow\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Harrow<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/havering\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Havering<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/hillingdon\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Hillingdon<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/hounslow\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Hounslow<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/islington\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Islington<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/kensington\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Kensington<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/kingston\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Kingston<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/lambeth\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Lambeth<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/lewisham\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Lewisham<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/london\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>London<\/strong><\/span><\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_column_text]\n<ul>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/merton\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Merton<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/newham\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Newham<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/redbridge\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Redbridge<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/richmond\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Richmond<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/southwark\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Southwark<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/sutton\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Sutton<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/tower-hamlets\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Tower Hamlets<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/waltham-forest\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Waltham Forest<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/wandsworth\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Wandsworth<\/strong><\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\/greater-london\/westminster\"><span style=\"color: #1e3b5d;\">Property for Sale<\/span> <span style=\"color: #f58350;\"><strong>Westminster<\/strong><\/span><\/a><\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column]\n","protected":false},"excerpt":{"rendered":"<p>To most mere mortals buying a millionaire mansion in the beautiful setting of Hampstead London would be a dream come true however for one billionaire buying a 12.5 million home in Hampstead was a mistake. Actor, producer and entrepreneur Alki<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/buying-property-in-hampstead-a-billionaire-mistake\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[16],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/buying_property_in_hampstead_a_billionaire_mistake","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/641"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=641"}],"version-history":[{"count":8,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/641\/revisions"}],"predecessor-version":[{"id":18318,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/641\/revisions\/18318"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=641"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}