The asking price of £23,000,000 is high, however, considering the location in prestigious Lancaster Gate, the size (approximately 25,000 sqft as stated in the listing), and the potential value after extensive renovation, the price may be justifiable. The lack of sqft data makes accurate price-per-sqft analysis impossible, and nearby comparable sales data is missing. However, based on general knowledge of the market, the price is relatively high but potentially in line with other large properties in this area needing renovation.

The property is in need of extensive renovation. While the building’s external facade appears to be well maintained, the internal images show significant deterioration, requiring substantial work and investment to reach a habitable standard. This significantly detracts from its current condition.

Lancaster Gate, Kensington is a highly prestigious address in a prime central London location. It benefits from excellent proximity to Hyde Park, high-quality schools, and excellent transport links (Paddington Station being within walking distance). The area is known for its affluent residents and high property values, making it a very desirable location.

The provided information does not specify the presence or size of a garden. The images only show the interior spaces of the building. Therefore, a low score is given as land is not definitively confirmed.