Millbank Residences: sophisticated waterside living in Prime Central London

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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.