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PIMLICO<br />

Pimlico’s booming property market<br />

Recent years have seen a rise in property<br />

prices throughout London, with the Pimlico<br />

area being one of the top “hotspots”. D&G<br />

sales director and chief Pimlico estate agent<br />

Alex Leschallas reports that Pimlico property<br />

prices have increased by 45% in the area<br />

between Victoria station and the Thames.<br />

These price surges have been particularly<br />

prominent at the top end of the Pimlico<br />

property market.<br />

Alex says that innovative <strong>Douglas</strong> & Gordon<br />

estate agents can offer a good mixture of<br />

property for sale in Pimlico, “from mansion<br />

blocks and the old houses in Lord Moore<br />

Street to flat conversions and wonderful<br />

Cubitt-designed houses in garden squares<br />

such as Eaton Square.” The larger properties<br />

in Pimlico boast high ceilings, porticos and<br />

pillars that attract a client base of politicos and<br />

barristers to the area.<br />

Post-war regeneration projects have given the<br />

Pimlico district a wide range of available<br />

property, such as charitable housing projects<br />

and public housing estates that have been<br />

built on the land cleared by wartime bombing<br />

raids. Pimlico also features spacious Victorian<br />

houses subdivided into stylish apartments,<br />

which young professionals find highly<br />

appealing. Local property prices are as<br />

diverse as the accommodation on offer; a flat<br />

for sale in Pimlico will start at £350,000 while<br />

our estate agents say a large and luxurious<br />

mansion could cost investors up to £10<br />

million.<br />

<strong>Douglas</strong> & Gordon Chelsea Office<br />

106 Wilton Road, SW1V 1DZ<br />

T : 020 7931 8200<br />

E: kpimlicosales@dng.co.uk

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