And finally… no accounting for taste

And finally... no accounting for taste

An accountant has lost a £700,000 court claim against developers after refusing to complete the purchase of a £1.5 million flat in south London’s Aykon London One tower, nicknamed the ‘Versace Tower’ for its fashion house-designed interiors.

Mi Suk Park, 54, paid a £381,000 deposit off-plan in 2015 for a two-bedroom apartment in the Nine Elms building, expecting “the ultimate in luxury” based on brochures and floor plans. However, she later attempted to rescind the contract and sued when she discovered the finished flat differed from the plans.

Her main complaints centred on a repositioned utility cupboard, which she claimed impinged on the open-plan living space, and the absence of a bathtub in one of the two bathrooms, which instead featured a shower, The Telegraph reports.

Ms Park argued these were “irredeemable breaches” of the contract. The developers, Nine Elms Property Ltd, countered that brochures showed “typical layouts” for illustrative purposes only and that her deposit was forfeited when she failed to complete the purchase.

At Central London County Court, Judge Alan Johns dismissed Ms Park’s claim. He ruled the “small” cupboard’s relocation was not a “material change” affecting the flat’s value, noting buyers were likely more interested in the location and Versace branding. Regarding the bathroom, the judge commented that “many modern purchasers would prefer a walk-in shower”.

Share icon
Share this article: