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The Best Places to Have a Flat in Pimlico

Homes and Property recently published an Insider’s Guide to Pimlico, which astutely sums up the area for prospective Landlords looking to buy in the area.

Pimlico is a central London area separated from Belgravia by Victoria railway station to the north and bounded by the River Thames to the south. Vauxhall Bridge Road separates Pimlico from Westminster. With easy access to the Victoria line, good bus routes and riverboat services to Waterloo and Southwark, this area is a commuter hotspot.

At Pimlico’s heart you’ll find the highly desirable grid of residential streets developed by Thomas Cubitt from 1825, now protected as the Pimlico Conservation Area, the area has a very village-y feel, with plenty of shops and restaurants around Warwick Way and Wilton Road, as well as the open spaces of Warwick, Eccleston and St George’s garden squares.

The article asks itself

What are the best investment opportunities in Pimlico?

The answer is One- or two-bedroom flats within the Pimlico grid – in streets such as Gloucester Street, Cambridge Street, Alderney Street or Winchester Street because these are among the most popular for tenants, usually letting within about 48 hours. The grid attracts good tenants because its location offers everything you could possibly need and the council tax in the Borough of Westminster is one of the cheapest in London, which is a big draw for renters.

There is no arguing with that!

Pimlico Flats

Pimlico Flats

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Westminster City Council Property Investment Manager Suspended

Logo of Westminster City Council

Image via Wikipedia

An article in Property Week reports that the officer responsible for Westminster City Council’s investment properties has been suspended pending an internal investigation – for legal reasons the details of the allegations are not reported, although the officer is named as Alistair Rudd, one of the council’s most senior employees.

Rudd has been responsible for several significant property and lease disposals for the council:

  • The sale process for North Wharf Gardens, the former site of North Westminster Community School, under offer to Zog Group for around £120m.
  • Westminster council’s car parks disposals, which included the sale of Chiltern Street Car Park in Marylebone.
  • Deciding on an occupier for Old Marylebone Town Hall.
Clearly the news is of major import, and will attract much attention over the coming weeks.
Property Week

Buckingham Palace Summer Opening

Changing of the Guard at Buckingham Palace.

Image via Wikipedia

For two months in the summer, 23 July to 3 October 2011, visitors have the chance to look round Buckingham Palace and admire the interiors of this principal royal residence. Visitors for the Summer Opening tour are permitted access to the nineteen State Rooms decorated in paintings by Rembrandt, Rubens and Canaletto, Sevres porcelain and some of the finest English and French furniture in the world.

The special exhibition Royal Fabergé and the display featuring The Duchess of Cambridge’s wedding dress are included as part of a visit to the State Rooms.

Buckingham Palace is a short walk from Pimlico Flats and we offer a 1 bedroom serviced apartment for tourists for £600/week

 

More details from the Royal Website.

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VACANCIES

To View please phone Ruth on 0747607467

May 2012

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2 Bedroom Garden Flat

£2200 pcm
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