Global 1 says ..

Property Oracle says ..

This property is a Grade II listed seven-storey building situated on Lancaster Gate in Kensington, a highly desirable area of London. The building's exterior presents well, typical of the impressive stucco-fronted architecture of the area. However, the interior requires comprehensive refurbishment. The provided images show significant interior damage and decay, including stripped walls, damaged ceilings, and exposed floorboards. While the property's location offers undeniable advantages—close proximity to Hyde Park, good transport links (Paddington Station), and reputable schools—the significant costs associated with the extensive renovation needed must be factored into any potential purchase. The lack of specific details regarding square footage makes a precise analysis challenging, but the £23,000,000 asking price represents a substantial investment, even considering its prime location. Potential buyers should carefully assess the full extent of renovation requirements and factor those costs into their investment decision. The property may be suitable for developers or high-net-worth individuals looking for a renovation project in a prime location. Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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