© 2025 News On The Block. All rights reserved.
News on the Block is a trading name of Premier Property Media Ltd.
© 2025 News On The Block. All rights reserved.
News on the Block is a trading name of Premier Property Media Ltd.
An accountant who invested in a £1.5 million Versace-designed apartment in London is suing the developer after claiming the finished property did not match what was promised—most notably, a missing bathtub.
Mi Suk Park, 54, paid a £381,000 deposit for a two-bedroom apartment in the 50-storey Aykon London One tower in Nine Elms, often referred to as the "Versace Tower" due to its high-profile collaboration with the fashion house. She intended the luxury flat to be her and her husband’s primary residence until retirement.
However, upon finally viewing the completed property in 2022, Ms Park refused to move in, citing multiple discrepancies between what was advertised and what was delivered. She has now launched a legal claim exceeding £700,000, seeking a refund of her deposit along with compensation for rent and financial losses incurred.
Her grievances include:
A missing bathtub in one of the two bathrooms, despite expectations set by the sales brochure.
A second bedroom that is smaller than anticipated.
An intrusive utility cupboard reducing the open-plan living space.
A two-year delay in the apartment’s completion, which forced her to sell her previous home in 2019 in preparation for the move.
The dispute centers on whether the changes made by the developer, Nine Elms Property Ltd, constitute a breach of contract. Ms Park’s legal team argues that the apartment is "materially and manifestly different" from the original floor plan she agreed to when purchasing off-plan in 2015. They accuse the developer of misrepresentation, stating that the marketing materials described the development as "the ultimate in luxury" with "panoramic views of London."
The developer, however, is contesting the claim, arguing that all promotional materials were for "illustrative purposes only" and that Ms Park forfeited her deposit when she failed to complete the purchase. They are now counter-suing for breach of contract.
The case is currently being heard at Central London County Court, where the outcome could set a precedent for off-plan property disputes.
The case continues.