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Gwyneth Paltrow plans to buy a R262 million London home

 

Gwyneth Paltrow has reportedly set aside R262 million to buy a new home in central London.

The Iron Man 3 actress and her estranged husband Chris Martin – who announced last month they were separating after 10 years of marriage – are planning to sell their £7 million family base in Belsize Park, north London, and the 41-year-old beauty will make a fresh start in an apartment close to the centre of the city.

A source told the Daily Star newspaper: “Gwyn wants a total change and a slick city pad is very appealing to her.

“She loves London and Chris is from the UK so they have plenty of family members here.”

The blonde beauty – who has children Apple, nine, and Moses, seven, with the Coldplay frontman – has set aside R262 million to find a new home, even though she doesn’t plan to live there full time.

The source added: “Gwyneth has told her estate agents that she’ll pay up to R262 million. That’ll buy her something pretty fabulous, even in London.

“She lives in LA now but regularly comes back here and it’s important to her that Apple and Moses see their family.

“But Gwyneth doesn’t want to buy a big family home on her own.

“She thinks it will be too big, and she likes the idea of being amongst the hustle and bustle of the city.

“But she’ll be paying a high price for the location. She wants a view of Big Ben and the Houses of Parliament.”

As well as buying a new home in London, it was recently claimed that both Gwyneth and Chris will share a Malibu beach house which they splashed out on before announcing their split, as the property has two “totally separate” living spaces.

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