Your Douglas & Gordon Guide to Pimlico Feb 2014 | Page 2

PIMLICO Pimlico’s booming property market 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. Douglas & Gordon Chelsea Office 106 Wilton Road, SW1V 1DZ T : 020 7931 8200 E: [email protected]