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Khan's canny property move

Tuesday, October 07, 2008

Catherine Deshayes

The late financier Sir James Goldsmith would be proud of the property prowess of his youngest daughter, Jemima Khan...

Two-and-a-half years ago she paid £18 million for a Grade II listed six-bedroom Chelsea mansion designed by the cult Thirties architect Oliver Hill.

Jemima then spent an estimated £2.5 million restoring it and doubling its size, only to receive an unexpected £35 million offer, which fell through four days before exchange of contracts.

Undeterred, she has now put it back on the market at £40 million through Aylesford. "Jemima fell in love with its amazing Art Deco interior, the size of the rooms and its huge garden," reports a neighbour. "She originally planned to live there with her two sons, Suleiman and Kasim, but everything has its price!"

Source: www.homesandproperty.co.uk

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