nick
June 12th, 2010, 05:13 AM
Not bad going for socialists....
The property empire of Tony Blair's family has now reached £14 million, it has been revealed.
The family's expanding portfolio now totals seven homes, including four in central London.
The latest addition is a four-storey, Grade II-listed town house just a few streets away from the Blairs' £3.7 million Connaught Square mansion.
Mrs Blair and the couple's son Euan, 26, secured the three-bedroom Edwardian house in Marylebone for £200,000 under its £1.5 million asking price.
Land Registry documents revealed they used a mortgage to buy the property together in April.
It was not clear whether the mortgage was taken out by Mrs Blair or her son, who reportedly received a six-figure bonus from investment bank Morgan Stanley this year.
His spacious new town house boasts three bedrooms, two bathrooms, a bespoke designer kitchen, study, dining room and garden.
Friends said Euan had 'outgrown' the two-bedroom basement flat he bought two years ago in Islington, North London.
He has accepted a £500,000 offer for the flat but is staying there while builders refurbish his new home.
The Blairs' architect Simon Templeton has already submitted plans to install a skylight as well as a gate in the railings outside the listed property.
Euan's new home could soon rival his younger brother Nicky's nearby mews house, dubbed the 'ultimate lads' pad'.
Nicky, 24, bought the £1.13 million property with his mother last year, mortgage-free.
Meanwhile the Blairs' daughter Kathryn, 22, is studying law in Strasbourg, where she has an Erasmus scholarship.
Mrs Blair, 55, was forced into a humiliating public apology after enlisting Australian con man Peter Foster – the boyfriend of her friend Carole Caplin – to negotiate a discount on two flats in Bristol in 2002 while Euan was a student in the city.
Source here (http://www.telegraph.co.uk/property/propertynews/7822976/Blairs-property-portfolio-reaches-14-million.html)
The property empire of Tony Blair's family has now reached £14 million, it has been revealed.
The family's expanding portfolio now totals seven homes, including four in central London.
The latest addition is a four-storey, Grade II-listed town house just a few streets away from the Blairs' £3.7 million Connaught Square mansion.
Mrs Blair and the couple's son Euan, 26, secured the three-bedroom Edwardian house in Marylebone for £200,000 under its £1.5 million asking price.
Land Registry documents revealed they used a mortgage to buy the property together in April.
It was not clear whether the mortgage was taken out by Mrs Blair or her son, who reportedly received a six-figure bonus from investment bank Morgan Stanley this year.
His spacious new town house boasts three bedrooms, two bathrooms, a bespoke designer kitchen, study, dining room and garden.
Friends said Euan had 'outgrown' the two-bedroom basement flat he bought two years ago in Islington, North London.
He has accepted a £500,000 offer for the flat but is staying there while builders refurbish his new home.
The Blairs' architect Simon Templeton has already submitted plans to install a skylight as well as a gate in the railings outside the listed property.
Euan's new home could soon rival his younger brother Nicky's nearby mews house, dubbed the 'ultimate lads' pad'.
Nicky, 24, bought the £1.13 million property with his mother last year, mortgage-free.
Meanwhile the Blairs' daughter Kathryn, 22, is studying law in Strasbourg, where she has an Erasmus scholarship.
Mrs Blair, 55, was forced into a humiliating public apology after enlisting Australian con man Peter Foster – the boyfriend of her friend Carole Caplin – to negotiate a discount on two flats in Bristol in 2002 while Euan was a student in the city.
Source here (http://www.telegraph.co.uk/property/propertynews/7822976/Blairs-property-portfolio-reaches-14-million.html)