- A recent documentary has revealed the most expensive home in the United Kingdom
- The lavish mansion is estimated to be worth more than £250 million (R4.7 billion)
- The elaborate home is owned by 67-year-old John Caudwell
A 67-year-old British billionaire is the proud owner of the most expensive home in the United Kingdom.
The entrepreneur John Caudwell sold his Phones 4u business in 2006 and accrued approximately £1.5 billion at the time, as reported by Homes & Property.
Caudwell initially bought the residence, which is made up of two different houses, for £87 million.
Briefly.co.za learnt that Caudwell initially set himself the relatively modest budget of £10 million for all the renovations to be done. However, he explained that they've far exceeded this figure already.
Caudwell said, "The budget has always been irritating, because the budget went up and up and up and we got to this huge budget of where we are now which is over £65 million."
With renovation costs of over R1 billion, it's not hard to understand how this record-breaking home boasts so many unique characteristics.
The mega-mansion boasts 110 rooms and the second largest ballroom in Britain - outdone only by Buckingham Palace.
Most people dream of owning a king-size bed, but this master bedroom is kitted with an emperor-size bed.
A one-of-a-kind volcanic lava installation was done in the basement as the backdrop to a massive swimming pool.
One of the standout features of the home is that a river literally runs through it, complete with handpicked African Cichlid fish.
The Express also touched on the documentary which showcases the fabulous home.
Caudwell is known for being a perfectionist and a taskmaster, but also known for his philantrophy.
It is heartwarming to note that the billionaire recognises the fact that the residence is too big for himself to live in.
It will therefore be used as a base for his charity Caudwell Children - for the benefit of disabled children and their families.
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