VI Castle Lane: An Affordably Aristocratic Abode
Positioned moments from Buckingham Palace and a stroll from Club Land, a new Victoria development boasts old money connections without the royal price tag
Despite its thriving tech industry and rapidly expanding start-up culture, London is still a place where those that enjoy life’s more traditional pursuits can feel thoroughly at home. No more so than in the capital’s gentlemen’s clubs (a slight misnomer nowadays, given that many admit women). With a distinct manor house-cum-Oxbridge college vibe, these venerable buildings are a home-away-from-home for their members and are mostly found on and around Pall Mall, an area nick-named Club Land.
The members’ area
In this quiet thoroughfare just off Piccadilly there are several clubs for a wealth of tastes and professions. From the Conservative-supporting Carlton Club, whose membership has been extended to every member of the party in recent history, to the Reform Club – an aged redoubt for Whigs and old liberals; the Classically styled Athenaeum for artisans and actors sits a few doors down from the palatial Royal Automobile Club for businessmen and car lovers; the East India Club welcomes anyone from a coterie of selective schools, while nearby White’s Club (where David Cameron was a member and Prince Charles had his stag party) welcomes nobody but the most pristine members of the elite.
Overlooking all these glorious institutions from across Green Park, as well as acting as their philosophical centre of gravity, is the pinnacle of the establishment, Buckingham Palace. A ticket to the royal summer garden party or an invite to a private reception with the Queen or another member of the royal family can be worth several year’s membership at a gentleman’s club.
How much does it cost to live among the great and the good of Londontown? Average values in St James’s Park, where Club Land and Buckingham Palace are located, stand at a princely £1.8 million, according to Zoopla. Moreover, a well-appointed apartment in the area setting a potential buyer back by around £9 million. It seems membership of White’s isn’t the only expensive thing in this gilded neighbourhood.
The Castle by the clubs
Prime London developer Sons & Co. have found an answer to this conundrum with its latest development that is moments away from the delights of the Palace and Pall Mall, but doesn’t require a king’s ransom to purchase.
Located on Castle Lane in Victoria, the eponymously-named VI Castle Lane is a 31-unit luxury scheme consisting of three two-storey townhouses and 28 apartments. The tree-lined street has a pedigree of its own, since, owing to its situation by Buckingham Palace Gate, it was a favoured residence for royal courtiers.
As such, the development is a stone’s throw from Buckingham Palace and a 10-minute walk to Pall Mall. Combine that with the fact that there’s Victoria Station – one of the main transit hubs for London and the UK – down the road and a massive £1.4 billion regeneration project going on, and it’s clear that Victoria has bags more potential than St James’s, but with a less dear price tag. Homes in the postcode weigh-in at an average of £1.2 million – £600,000 less than its stuffy neighbour.
VI Castle Lane itself offers exceptional value for money. The development offers a full concierge service, boutique luxury interiors, balconies and full-length designer windows. Units of this type in St. James’s could easily fetch upwards of £8 million. Whereas, in fact, prices range from £825,000 to £3.785 million – a very reasonable price to purchase a gentleman’s pad that’s so near your gentleman’s club. Proof that you don’t need family silver to sell to purchase your place among the capital’s elite.
The show apartment for VI Castle Lane is now open; to arrange a viewing contact Strutt & Parker (020 7318 4677) or visit the development’s website to find out more (http://www.vicastlelane.com/)