Marsh & Parsons says ..

Property Oracle says ..

Princes Mews is located in Lancaster Gate, Westminster, a prestigious area of London. The property is a mews house, a type of property often found in affluent areas. The proximity to Paddington Station provides excellent transport links, and several highly-rated schools are within a short distance, making this a desirable location for families. The cobbled street and the charming architecture contribute to the area’s appeal.

Based on the provided images, the property appears to be in excellent condition. It has been recently renovated or refurbished to a high standard, with modern fixtures and fittings throughout. The interior is well-presented and shows no signs of significant wear and tear.

The property includes a small paved front garden, providing some outdoor space. While not extensive, it is a valuable addition to a city property.

The list price of £2,750,000 is higher than the average price for the area (£1,984,141), but the property is significantly larger than the average (1,398 sqft vs 966 sqft). Considering the property’s size, location, condition, and the prices of comparable properties in the area, the list price appears to be in line with market value. The average price per square foot in the area is £2,053, and while the exact price per square foot for this property is not directly comparable due to the lack of square footage data for nearby properties, the list price reflects the premium associated with its location and condition. The property seems to be priced competitively within the context of the local market.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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