Another £700,000 for the Blair family’s treasury: Barrister Kathryn’s one-bed stable house in central London sells for £1.9m – eight years after Cherie bought it for £1.2m
A one-bedroom stable house made a £700,000 profit for Tony Blair’s family after it was sold this year, The Mail on Sunday can reveal.
The property in central London is believed to have been bought by Sir Tony’s wife Cherie in 2014 for their daughter Kathryn for £1.2 million. It was recently picked up for £1.9million, up 58 percent in eight years.
Prices in the area have risen an average of 43 percent during that period, but the Blairs were carrying out renovations, planning documents show. A cellar extension and an enclosed courtyard were added by the family.
The house is one of nearly 40 properties owned by the former Labor Prime Minister, his wife and their four adult children.
A one-bedroom stable house made a £700,000 profit for Tony Blair’s family after it was sold this year, The Mail on Sunday can reveal. Pictured: The Blairs outside Downing Street in 2007
The central London property (above) is said to have been bought by Sir Tony’s wife Cherie in 2014 for their daughter Kathryn for £1.2 million
Kathryn’s former stable block was indeed adjacent to a six-bedroom property owned by her eldest brother Euan, 38, which he bought with their mother nine years ago.
Entrepreneur Euan, whose digital learning company Multiverse was valued at £640 million last year, was the most active of all siblings in the property market.
Kathryn, 34, (pictured in 2009), family law attorney, also owns a £2.4 million mansion with husband James Haslam
Together with his mother, he is a director of the rental company Oldbury Residential Limited, which owns more than 30 apartments and houses in the north.
Kathryn, 34, a family law attorney, also owns a £2.4 million mansion with husband James Haslam.
In 2018, her bid to add a single-storey extension to the house, which is in a conservation area, was branded ‘mindless vandalism’. Despite opposition, the plan was approved.
When Sir Tony’s post-premier career took off, he and his wife plowed £5.75 million into a Grade II listed mansion once owned by the actor Sir John Gielgud.
The house near Aylesbury, Buckinghamshire, is worth over £10 million. The Blairs did not comment last night.