Reform UK fundraiser and British property tycoon Nick Candy has reportedly sold his family home in Chelsea, west London, for around £270m, marking one of the biggest house sales in history.
The 200-year-old property, which has a swimming pool and a small lake, has been sold to an unnamed buyer, according to reports in Bloomberg.
According to sources close to the sale, the house was not formally marketed but was sold after multiple offers were received due to high demand for the property.
It is estimated the buyer will pay more than £30m in Stamp Duty Land Tax for the grade II-listed house.
Candy is the real estate mogul behind One Hyde Park in Knightsbridge and also serves as the Reform party’s treasurer after defecting from the Conservatives in 2024.
Candy had been a Conservative Party member and donor since 2009, having previously contributed to several Tory campaigns.
At the time, Reform described Candy’s appointment as its “latest coup”.
As well as One Hyde Park, he has been involved in NoHo Square, Chelsea Barracks and Gordon House and generated controversy through a number of court cases.
Earlier this year, residents at One Hyde Park won a 10-year £35m legal battle against construction company Laing O’Rourke over remediation works.
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