Musharraf puts his luxury London flat on sale for £3m

LONDON: Former military ruler Pervez Musharraf has put his luxury Central London pad for sale asking for almost £3 million.
Musharraf had bought the house for £1.3 million in 2009 when he settled in London after leaving Pakistan. He purchased the property in cash and does not have a mortgage on itThe flat was recently refurbished and a source has told The News it has cost the former president about £250,000 for the renovations.
The entire interior has been changed to increase the value of the flat, said the source. The estate agent, marketing the sale of the flat, has put the flat’s price at £2,950,000 which means that the former president could make more than £1.5 profit from the sale.
The 4 bedroom flat on Castleacre, Hyde Park Crescent, near Edgware Rd and Marble Arch is located on the 9th floor with a double room reception and two baths. It has views over Hyde Park corner and is considered a desirable location for the rich and famous.
Present Pakistani politicians and those politicians belonging to the previous government have their properties located at only a few minutes’ distance from here. The closest neighbour of Musharraf at this address is former prime minister Tony Blair. Some website has estimated the price of Musharraf’s flat at £2,063,126. London is seeing rise in property value after the slump in recent years and it’s believed that the fat could be easily sold at the current asking price.
Pervez Musharraf’s friends have investments in London. One of his closet confidantes runs a profitable consultancy business while another has interests in property development. Circles close to Musharraf rejected the impression that these businesses belonged to the former military president of Pakistan. They said everybody knows that Musharraf is not involved in such things.
The Pakistani officials reaching London and the intelligentsia among those Pakistanis living in Britain are having a perception that Musharraf plans to spend most of his time in Dubai when he leaves Pakistan after a deal, which, according to them, looks set and in place. Musharraf is aware that he will not have the security provided by the British government again due to the controversy that it may cause and also for the fact that Musharraf went to Pakistan against the advice of everyone, including the British government officials who warned him that he is risking a lot by going to Pakistan. It is at this flat that Musharraf held meetings of his party colleagues and invited media for interviews.