According to Wetpaint:
The Mirror is reporting that Beyoncé and Jay-Z have just purchased a gorgeous £5.5million London townhouse — that’s roughly $10 million for all of us in the states.
The power couple had been looking for a place in Mayfair and the Cotswolds, but the two ended up choosing a property in West London.
A source for the Mirror said: “Both Jay and Beyoncé are Anglophiles and have been toying with the idea of getting a pad for a couple of years now.
“On previous trips they have stayed in five-star hotels and on one occasion a rented mansion. While money isn’t an issue, it makes sense for them to have a more permanent base and get to know one particular area.”
