Luxury homes in BBC television centre redevelopment will cost up to £7million each

 
Redevelopment: flats on the site of the old BBC television centre will cost upwards of £500,000 (Picture: Oli Scarff/Getty Images)
Oli Scarff/Getty Images
Rachel Blundy29 July 2015

Luxury homes in the residential redevelopment at BBC television centre will cost up to £7million each, it has been revealed.

Just under half of the 950 flats planned for the Grade II listed building in White City will go on sale from September.

Thousands of prospective buyers have already registered their interest in purchasing one of the new homes in west London.

Alistair Shaw, managing director of developer Stanhope, told City AM that he was confident the flats, which start at just under £500,000, would be snapped up by Londoners rather than "buy to leave" foreign investors.

Redesign: the new courtyard (Picture: televisioncentre.com)

He said: "We think there is enough demand from Londoners attracted by the authenticity of being in a historic building."

Six penthouses at the top of the old media centre will be priced at £7million, developers have said.

Residents will have access to a 24-hour concierge, a residents lounge, a cinema, independent cafés and restaurants and a fitness club and spa.

Stanhope bought television centre for £200million in 2012 on a 999-year lease.

It has said it will seek to retain the building's iconic doughnut shape, but some buildings will be demolished to create space for a swimming pool, offices and an exclusive members club.

Homes: a new crescent-shaped outer building will wrap around the listed inner building (Picture: televisioncentre.com)

There was significant opposition to the sale from some of the corporation's biggest stars, including Michael Parkinson, as the BBC began to move much of its operation to its MediaCityUK in Salford.

The BBC's Media Village is also set to be redeveloped by Stanhope in order to create new office space at White City Place.

The corporation has sold off some of its buildings as part of a cost-cutting exercise. The White City Place development is set to save it about £33million annually.

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