England is about to get a new dose of royalty!

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.”

Lucky for Bey and Jay, the area is home to a handful of trendy restaurants and a number of top primary school — which is always good news should the couple bring Blue Ivy around for a more permanent stay.

What do you think about Beyoncé and Jay-Z’s decision to get a place in London? Are you surprised it’s taken this long for them to buy a place? Let us know in the comments below!

Source: The Mirror