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Bob Kiley's house still for sale - after 15 months and £1.4m price cut
Mira Bar-Hillel, Property Correspondent15 Aug 2008
The property bought for Ken Livingstone's former transport commissioner for £2.2 million has failed to resell after more than a year on the market.
The Georgian townhouse was put up for sale in May last year after Bob Kiley, pictured, left his post and lost his right to live in the grace-andfavour home.
With the property market then almost at its peak, Transport for London was hoping for a substantial profit from the asking price of £4.95million.
But the house failed to sell and in January the price was cut to £4.6 million.
Now it is being marketed by Hamptons for £3.5 million.
The Grade II-listed, partstucco fronted, mid-terrace is in Mozart Terrace, Ebury Street, on the Belgravia/Pimlico border.
It has three bedrooms with their own bathrooms, a reception room, drawing room, sitting room, kitchen/breakfast room, utility room, garage, balcony, gardens and vaults.
TfL said it was "committed to achieving the best price possible".
Reader views (1)
They should be able to offload it for a straight £1million.
What's the point sitting on it?
If it's been empty for more than a year then shouldn't it be taken over by the Council and used for refugees & asylum seekers?
- Fraser, Telford Park, UK., 16/08/2008 00:27
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