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Regency Street, Westminster, SW1

£ 695,000
in
Regency Street,
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1554
sold
£695,000 Leasehold
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Entrance Hall
Living Room
Kitchen
2 Bedrooms
Bathroom
Fireplace
Wood Floors
Central Location

Property: Located on the second floor of a well run Regency House building, this flat is light and airy and has just been neatly decorated. It has beautiful light parquet floors and high ceilings throughout. Your enter a spacious hall stretching out towards bedrooms, kitchen and a family bathroom. A good size living room with a feature fireplace is to your left with windows facing Regency Street. There are 2 bedrooms: a double and a single, which would make an ideal study or kids room. Both bedrooms face the quiet back streets of Pimlico with views over roofs and towards Westminster Tower. Kitchen is equipped with well built cabinets in a lovely shade of blue and some have delicate glass display panels.

Location: Regency House is nested on the border of Westminster and Pimlico; it borders Vincent Square to the north and Smith Square to the south east. Nearby lays Regency Street conservation area. The house is a short walk from Westminster (17 minutes), Victoria (13 minutes), Pimlico (8 minutes) and St. James’s stations (7 minutes) which are served by Jubilee, Victoria, Circle and District lines and Gatwick Express trains. Closest parks are St. James’s Park and green space of Victoria Tower Gardens.

Area: The area is bustling on weekdays with office workers: a mix of government departments, media and fashion (Burberry, Channel 4) and students (Chelsea College of Arts and Design, Westminster School, Westminster College). It is much quieter and residential on weekends.

Food: Don’t miss the treat of old fashioned cooking at Regency Café. Adorned with art deco elements, the cafe has been serving great British breakfasts since 1946 and featured in a number of films. Nearby Vincent Square houses a famous Westminster Kingsway College’s restaurant, Vincent Rooms, which offers a unique experience of being cooked by chefs in training. Quirinale on Great Peter Street is a family run upmarket Italian restaurant and a local secret.

Culture: Smith Square concert hall hosts intimate musical festivals (currently: London Festival of Baroque Music). Tate Britain houses a fantastic collection of art and regularly puts on outstanding exhibitions (currently: Impressionists in London and All Too Human: Bacon, Freud and Century of Painting Life). Organ recitals are held on Sundays afternoons at Westminster Abbey free of charge and tourist crowds.

Value: At just over £970 a square foot, this is a significantly cheaper price than nearby freshly completed properties. For example, a comparably sized 2 bedroom in a new build house in Chapter Street was priced and negotiated for £1,500 a square foot. The service charge is £1,500 per annum and the ownership is leasehold till 2110. With more planned housing development in the pipeline in the nearby area, this flat represents potential for stable long-term appreciation due to its appeal to a mix of office tenants, local demand and overseas investment.

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