The listing price of £2,000,000 for a 1,389 sq ft, three-bedroom apartment in Palace Gate is reasonable within the context of the luxury London property market. While specific price per sqft data is limited, comparable properties in the area generally command high prices. Given the location and overall condition, the price reflects the premium associated with such properties. However, more detailed information on recent transactions in the immediate vicinity would help verify this more precisely.

Based on the provided photos, the property appears to be in generally good condition. While it is not brand new, the interior is well-maintained and the fixtures seem to be in working order. There is evidence of some minor cosmetic updates that could be considered, particularly in the bathrooms, which would enhance its overall appeal. However, the property is presented well and is move-in ready.

Palace Gate, Kensington and Chelsea, is a highly desirable location in central London. It benefits from excellent proximity to numerous amenities, including high-quality schools (e.g., Thomas’s Kensington, Ashbourne Independent School), and transport links (various underground stations within a reasonable distance). The area is known for its prestige, green spaces and overall upscale environment.

The property does not appear to include a garden or any significant outdoor space. This is common for apartments in central London locations and accounts for the low score.