Michael Flatley sells Knightsbridge townhouse for £7.3 million

Dancer-turned-artist nets £4 million profit from sale of listed Georgian property in London

Michael Flatley certainly seems to have the Midas touch these times. The feet of flame dancer-turned-artist launched himself on the global art market this week by announcing a London exhibition later this month. Perhaps he's feeling suitably buoyed in that jurisdiction by the successful sale there last month of a Knightsbridge property for £7.3 million (€9.9 million). That's a clear £4 million profit for Flatley on the property whose value has more than doubled in the decade since he bought it for £3.2 million.

The listed Georgian townhouse has a first-floor drawing room, diningroom, two studies, five bedroom suites, three roof terraces and access to a garden square. According to media reports the deal was completed just before last month's UK general election when many wealthy buyers were keen to purchase ahead of the introduction of a mansion tax on top of a hike in stamp duty if the administration were to change. The Riverdance star is enjoying quite the bean-feast following successful sales of his paintings here, with one selling at Morgan O'Driscoll Auctioneers auction in the RDS in April for €77,500. The 25 paintings he plans to sell in London range in price from €68,000 to €340,000. Nothing succeeds like success they say.