Millbank Residences: sophisticated waterside living in Prime Central London
St Edward's new residential development combines a prestigious location, classical design and world-class leisure facilities
[Sponsored Article]
Following several years of uncertainty, London's residential property markets are now in the recovery phase.
Research by Jones Lang LaSalle (JLL) forecasts capital gains of two percent for Central London property in 2019, increasing to 3.5 percent by 2022, with house prices set to increase by 8 percent over the same period. Overseas investors who are considering stepping onto the London property ladder may never have a better opportunity, especially in sought-after prime Zone 1 locations such as Westminster, which is projected for 84 percent capital growth by 2030.
Demand for property in Prime Central London is already high and set to climb steeper, but strict conservation laws have always restricted development in the center of the capital. 9 Millbank by development group St Edward is one of a select few developments currently underway in the heart of Westminster, sensitively renovating a striking 1920s building on the banks of the River Thames just a few minutes' walk from the Houses of Parliament, Big Ben and other London icons.
The epicenter of London
Westminster epitomizes London for many overseas visitors, containing the UK capital's most iconic sights and experiences. A stroll along the River Thames will bring you to the neo-Gothic Palace of Westminster, the seat of parliament, and picturesque Westminster Abbey, the site of royal weddings and coronations. The area is also rich in culture, from esteemed galleries such as the Tate Britain to the theaters of the nearby West End.
To get in touch with nature, three of London's Royal Parks are close to 9 Millbank. The 57-acre St James's Park is just 15 minutes' walk, neighboring royal residence Buckingham Palace. Students or families with children will also enjoy close proximity to London's top universities including University College London, Imperial College London and the London School of Economics, as well as a number of prestigious schools such as the historic Westminster School.
Living in Westminster puts all of London and the wider world within easy reach, thanks to its excellent transport links. Westminster Underground station is 10 minutes' walk from the development, with St James's Park and Pimlico stations just a little further. Westminster station connects to Bond Street and the new Crossrail Elizabeth Line in just 4 minutes and London Heathrow Airport in less than an hour.
A new benchmark for waterside living
Millbank Residences is the new phase of the 9 Millbank development on the banks of the Thames. This neoclassical building designed by architect Sir Frank Baines in the 1920s formerly housed Britain's Imperial Chemical Industries. Its granite and stone façade has been carefully restored to blend sympathetically with surrounding architecture, while the development follows a more contemporary aesthetic in its internal courtyard and residences.
Each of the luxurious Manhattans and one, two, three and four-bedroom apartments at Millbank has been crafted in exquisite materials and finishes by Goddard Littlefair to be the ultimate in urban sophistication. All units feature large windows to maximize daylight, high ceilings, integrated high-end appliances and warm color palettes to aid in relaxation at the end of busy day.
Residents also have exclusive use of leisure facilities to enhance their lifestyle. These include a 24-hour concierge, bespoke swimming pool and vitality pool, fitness studio with personal trainers, spa, sauna and steam rooms, cinema room and private dining room. Business facilities and secure underground car parking are also available on request.
