Disused London Underground station bought for just £22k sells… for £50MILLION

November 27, 2013 | by | 0 Comments

A disused London Underground tube station bought for £22,000 has sold – for a whopping £50MILLION.

Brompton Road station, on the old Piccadilly line near Harrods, opened in 1906 but closed in 1934 due to lack of passengers.

During WW2 the tube station housed Winston Churchill’s anti-aircraft operations HQ and Hitler’s right-hand man Rudolf Hess was reportedly interrogated there.

The former Brompton Road Station which has sold to a Ukrainian billionaire for £50m

The former Brompton Road Station which has sold to a Ukrainian billionaire for £50m

The MoD bought the station for £22,000 in 1938 to use as a training facility but have now sold it as part of cost-cutting measures.

It was snapped up by a mystery Ukrainian billionaire for the eye-watering sum of £50million after a fierce bidding war.

The new owner outbid members of the Qatari Royal Family to snap up the 28,000sqft real estate – and announced plans to turn the building into a series of luxury apartments.

Brompton Road Station’s location between the Knightsbridge and South Kensington puts in one of the wealthiest areas of Britain home to thousands of foreign millionaires.

But not everybody is happy that the old station is to be turned into new flats.

Ajit Chambers, of the Old London Underground Company, said: “We have lost a big piece of our heritage to foreign investors.”

Category: News

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