UK’s Palatial Updown Court Fails to Get $145 Million Price, Faces Foreclosure

Share this Post!

In 2006, Updown Court, one of the largest and lavish private residences in the UK – about 20 or so miles outside of London – was spec-built and put on the market for £75,000,000 (about $145,000,000). Recently, the luxe residences were seized by the Irish government in a foreclosure proceeding after the property developer, Leslie Allen-Vercoe, failed to keep up the mortgage payments secured by the state – about £50,000,000, according to RealEstalker.

The design of Updown Court, under Scottsdale, Arizona architect John B. Scholz, resulted in a sprawling mansion that ended up having four floors and over 50,000 square feet. The showy property, upon its 2006 completion, was then put on the market with a good deal of publicity behind it for a hefty £75,000,000, or about $145,000,000. The lavish driveway, with its gilt-trimmed wrought iron electronic gates and marble paving, reportedly cost Allen-Vercoe around £3,000,000 alone.

The entryway is embellished with Corinthian columns and double oak doors that lead into an “airport terminal-sized” reception area, which features a triple-height ceiling, sweeping double staircase and elevator, two walk-in coat rooms, two powder rooms, and three sitting rooms. The excessive main house is divided into east and west wings; the east wing ground floor houses a three-room suite with half bathroom that could be a home office and a separate bedroom with a fireplace, kitchenette, and a his-and-hers bathroom, while a glass elevator lets out directly from the master suite to an indoor swimming pool and spa.

The west wing’s ground floor boasts gigantic semi-public rooms that include a library, sitting room, banquet hall or dining room, and private quarters that include a fully-equipped kitchen, circular breakfast room, and an octagonal family room that opens onto spacious terraces overlooking the property. The long corridor of the west wing opens up into a glass-walled, air-locked space that leads into yet another indoor swimming pool lined with Corinthian columns that also boasts a circular spa, massage room, “party-size” sauna, and his-and-hers dressing rooms.

The second floor houses eight additional family bedroom suites, opulent marbled bathrooms, and access to balconies. An additional floor up, a “prairie-like” landing separates to additional multi-room guest suites that share a rooftop terrace with infinity swimming pool and spa, the third of the property. Additionally, over-the-top amenities include a basement area with fitness room, changing rooms and bathrooms, home cinema, wine cellar, bowling alley, snooker room, and glass-walled squash court. In other parts of the basement lie a walk-in vault, security room, laundry, panic room, catering kitchen with walk-in freezer, six additional storage rooms, and a granite-floored underground garage capable of fitting at least seven cars.

The grand total for the palatial behemoth is 24 bedrooms, 25 full bathrooms, 10 half bathrooms, and 4 bathrooms located in changing rooms of the indoor pools. Although Updown Court was certainly a feat of design, engineering, and architecture that resulted in an excessively opulent abode, there were only a few interested parties, with none willing to seal the deal for the astounding original asking price. Even after lowering the price to $123,000,000, it seems that Updown Court foreclosure debacle leaves the fate of the place yet unknown.

author avatar
Alejandra Tenorio
Alejandra Tenorio is the digital editor of Haute Residence and Haute Beauty by Haute Living, reporting on the latest cutting-edge real estate news, interior design trends, beauty industry secrets, wellness tips and more. She also contributes to sister publications Haute Living, Haute Time and Tot Living. She is a graduate from the University of Alabama with a dual degree in Journalism and Creative Media.

Related post