Property tycoon Nick Candy has sold his Chelsea mansion for more than £275 million, making it London's most expensive house sale and one of the priciest worldwide. The identity of the buyer remains unknown, though the deal was facilitated by UK Sotheby's International Realty. Candy had previously denied any plans to sell the property when approached by the Financial Times.

The Grade II-listed Providence House, located in the grounds of the Royal Hospital Chelsea, was never formally marketed for sale. Instead, Candy fielded offers from wealthy buyers who approached him directly over several years. The property was originally purchased by Candy's brother Christian Candy in 2012 for about £75 million and transferred to Nick two years later. The mansion features luxury amenities including a private cinema with a 'Candy bar' pick 'n' mix, an underground swimming pool, orangery, and panic room.

This record-breaking sale follows other high-end London transactions, including the Holme in Regent's Park which sold for £139 million in 2024 and 2-8a Rutland Gate which fetched over £200 million in 2020. The Candy brothers were principal developers of One Hyde Park, a luxury Knightsbridge apartment block that has attracted oligarchs, pop stars, and other ultra-wealthy buyers. Candy, who serves as treasurer for Reform UK, has been involved in significant political fundraising activities alongside his property ventures.