If you have a spare £12.5m in the bank you might think about investing it in a former social club near Clapham Common.

Over the last 14 months Heath View, on Clapham Common North Side, has been completely renovated to mirror its former status as a family home.

Described by estate agents Savills as an "imposing" nine double bedroom structure the house has been stripped back to the original brick work over the five floors accessed by a six-person lift.

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But if the nine bedrooms and seven bathrooms do not whet your appetite then perhaps the two bedroom annexe, state-of-the art gym or even the cinema room, with popcorn dispensers, will?

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The larger living areas can entertain 40 people seated at the dining table or 150 people standing "cocktail style".

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The garage has enough room for three cars, the landscaped garden measures up at 137ft and protecting the entire 9,500 sq ft property are electric gates.

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It was originally built as family home in the 1860s but became a private medical hospital both before and after World War One.

In 1965 it was transformed into a social club that housed The Royal Antediluvian Order of Buffaloes - one of the largest fraternal organisations or lodges in the UK.

Rumour has it fashion designer Vivienne Westwood, a Clapham resident, was a regular visitor to the club's bar.

At some point the garden was used as a shooting gallery because the current owner has found lead shot in the back wall.

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So if you fancy snapping up this historic house all you need is a minimum deposit of £1.25m.

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But you need to move fast because if you factor in projected property price increases in the area, it will be worth at least £13.25m by the end of the year and a whopping £15m by 2018.

For more information call 020 8877 1222 or visit www.savills.co.uk