The Modern House says ..

Property Oracle says ..

Mornington Terrace is located in the Regent’s Park area of Camden, London. This is a highly desirable location known for its proximity to Regent’s Park itself, excellent schools, and good transport links. The area benefits from a strong sense of community and is within easy reach of central London. The property’s location scores highly due to these factors.

The property appears to be in excellent condition. The images show a recently renovated or newly built home with modern fixtures and fittings, a stylish interior design, and high-quality materials used throughout. There is no evidence of wear and tear or the need for repair or renovation.

The property includes a substantial garden, which is a significant advantage in a densely populated area like London. The garden is well-maintained and landscaped, adding to the overall appeal of the property. The size of the garden relative to the property is also a positive factor.

The list price of £3,250,000 for a 2,575.90 sqft property works out to approximately £1,262 per sqft. Considering the average price per sqft in the area is £1,419, and the superior condition and substantial garden of this property, the list price appears reasonable, if not slightly below average for the quality on offer. The higher average price of nearby properties on streets such as Cumberland Place further supports this assessment. However, the lack of comparable properties in the immediate vicinity makes a precise price comparison challenging.

Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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