
An Indian business tycoon has purchased the £10 million former London residence of Countess Raine Spencer, the stepmother to Princess Diana with whom she had a rocky relationship.
The unnamed buyer now owns the 5th floor apartment at 47 Grosvenor Square which has 2,145 sq ft of living space. The sole agent, Wetherell, says that the apartment was sold as a “shell and core” unit and will now need substantial refurbishment and modernization in order to fully realise the potential of an apartment that overlooks London’s most prestigious garden square.