PIMLICO & WESTMINSTER AREA GUIDE

PIMLICO

Recent years have seen a rise in property

prices throughout London, with the Pimlico

area being one of the top “hotspots”. D&G

sales director and chief Pimlico estate agent

Alex Leschallas reports that Pimlico property

prices have increased by 45% in the area

between Victoria station and the Thames.

These price surges have been particularly

prominent at the top end of the Pimlico

property market.

Alex says that innovative Douglas & Gordon

estate agents can offer a good mixture of

property for sale in Pimlico, “from mansion

blocks and the old houses in Lord Moore

Street to flat conversions and wonderful

Cubitt-designed houses in garden squares

such as Eaton Square.” The larger properties

in Pimlico boast high ceilings, porticos and

pillars that attract a client base of politicos and

barristers to the area.

Post-war regeneration projects have given the

Pimlico district a wide range of available

property, such as charitable housing projects

and public housing estates that have been

built on the land cleared by wartime bombing

raids. Pimlico also features spacious Victorian

houses subdivided into stylish apartments,

which young professionals find highly

appealing. Local property prices are as

diverse as the accommodation on offer; a flat

for sale in Pimlico will start at £350,000 while

our estate agents say a large and luxurious

mansion could cost investors up to £10

million.

Pimlico’s booming property market

Douglas & Gordon Chelsea Office 106 Wilton Road, SW1V 1DZ T : 020 7931 8200

E: kpimlicosales@dng.co.uk

Pimlico has also seen extensive commercial

renewal in recent years – another factor

contributing to the neighbourhood’s meteoric

rise in popularity. Small dingy shops and

cafes have been replaced by upmarket

commercial properties, and these

developments are effectively attracting more

buyers. As chief local estate agent, Alex

believes that much of Pimlico’s new-found

popularity stems from “lots of new bars,

restaurants and shops to create a more

sophisticated ambience.”

The average house for sale in Pimlico often

makes an affordable alternative to Chelsea or

Belgravia purchases, and our innovative D&G

estate agents ensure that clients get excellent

value for money when they invest in Pimlico

property. With excellent Tube and overground

transport links to the West End and the city,

property in the SW1 area is highly convenient.

Residents employed in Government

departments will enjoy close proximity to the

workplace when staying in a Pimlico property.

PIMLICO

It’s not just our estate agents who are

noticing higher property values; Douglas &

Gordon’s Pimlico letting agent Louise

Verrall has reported a rise in rental prices in

recent years. She says more tenants are

realising how close Pimlico is to the West

End and the city, making local properties

more desirable. Many young professionals in

Pimlico are employed in finance,

accountancy or law, and choose property for

rent in Pimlico as it is so close to workplaces

like MoD and American Express.

Rental Property in Pimlico

A one-bedroom flat for rent in Pimlico can be

let £340 while a three-bedroom property will

cost £650 weekly. Louise says that tenants

are willing to pay higher prices in exchange

for the high quality of Pimlico

accommodation. With the low Westminster

council tax, clean streets and increased

security, it’s easy to see why Pimlico

properties are becoming so popular among

tenants.

D&G’s rental property listing consists largely

of period conversions and purpose-built

developments. A house for rent in Pimlico

also offers access to nearby attractions like

St James Park, the Thames River and the

Tate Gallery. Contact an innovative Pimlico

estate agent or letting agent from D&G to find

out more about the excellent Pimlico property

currently on the market.

PIMLICO

Property rental in Pimlico

Douglas & Gordon Chelsea Office 106 Wilton Road, SW1V 1DZ T : 020 7931 8200

E: kpimlicosales@dng.co.uk

Shopping & Food

There are a steadily increasing number of local shops and supermarkets in Pimlico and

Westminster. The local bars, restaurants and deli's offer a wide range of choice to suit every

price range and taste.

Culture & Leisure Cultural activities can be found at The Houses of Parliament, Westminster Abbey,

Westminster Cathedral and the Tate Gallery. There are a number of gyms, including the

exclusive Dolphin Square, along with the outside spaces of three garden squares and the

River Thames.