In Congestion Zone:No – 0.5 miles outside.
Parking and Traffic:Permits & Meters.  No significant traffic trouble spots.
Ethnicity Bias:None
Investor ProfilePension, Business, Cash&Equity, University  & Retirement.
Per 1000 population363106
Yield Range:5.5% - 8.7%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Studio flat125,000195,0002102657.1%8.7%
1 bed flat195,000360,0002604256.1%6.9%
2 bed flat220,000490,0003256206.6%7.7%
2 bed house400,000650,0004259055.5%7.2%
3 bed house475,000900,00053510505.9%6.1%
Valuations above the London average by:83.7% (£444,317)
 ActualLondon Average
 Capital growth last 12 months:-16.4%19%
 Capital growth last 48 months:52.0%89%
Tube:Pimlico Victoria Lines (Zone 1) – 5 mins to Victoria Station
 Demand For Letting:Good
Average void period:5 days

(out of 10)

Capital Growth

(out of 5)


(out of 5)

Out of 10:642
Summary:An unlikely area to offer good yields and good long term capital growth.
Sought After Streets:Clarendon Street, Vauxhall Bridge Road and Cambridge Street.


Relatively quiet roads are a great feature of this area.  Beautiful large white terraces with pillars line these quiet roads (called stucco terraces).  I lived here for 3 months while I was at university and to be honest I didn’t really enjoy it much as there was nothing to do – and this is good!  The fact that it isn’t much fun for a 20 year old university student is a credit to the area.  Its so damn quiet and this is why its popular with affluent, mature renters.

Pimlico is the cheap alternative to Belgravia but it will soon give Belgravia a run for its money.  There are many riverside development plans on the Grosvenor Road and surrounding.  Its worth taking a drive and contacting the developers to buy some properties off plan – but be careful, set a yield requirement and get at least a 10% discount on the suggested purchase price.

The rents achieved are strong hence the yields are okay.  I imagine a dip in prices but no crash.  As you can see from the figures above they have already dropped by over 16% in the last 12 months.  This year it might not be so savage but I do not suspect rental values to fall.  Expect to get 9% yield or greater at the latter part of 2003.

 Estate Agents:NameAddressTelWeb
 Aldine Honey & Co25 Eccleston Square, Pimlico, London, SW1V 1NS020 7834
 Topcrown Services Limited71 Cumberland Street, Pimlico, London, SW1V 4ND020 7931 8895 
 Douglas & Gordon67-68 Warwick Square, Pimlico, London, SW1V 2AR020 7963 4600 
 Dauntons8, Denbigh St Pimlico
020 7834
 Kinleigh Folkard & Hayward15, Sussex St Pimlico
020 7821 0001 
 Halifax Estate Agents33, Moreton St Pimlico
020 7834 8340 
 Letting Agents:NameAddressTelWeb
 Dauntons Residential8 Denbigh Street, Pimlico, London, SW1V 2ER020 7834
 Hamptons International50 Belgrave Road, London, SW1V 1RQ020 7834
 Douglas & Gordon67-68 Warwick Square, London, SW1V 2AR020 7931
 Aldine Honey & Co25 Eccleston Square, London, SW1V 1NS020 7834
 Chesterton Residential 020 7834
 Kinleigh Folkard & Hayward15 Sussex Street, Pimlico, London, SW1V 4RR020 7834
 Jackson-Stops & Staff16 Sussex Street, London, SW1V 4RW020 7931
 Moreton Property Management Services Ltd72 Rochester Row, London, SW1P 1JU020 7932