While Kensington is a very expensive area, the listed price of £1,900,000 seems relatively reasonable given the need for complete renovation. Considering comparable properties on Lexham Mews that are in good condition sell for much higher prices (some above £3 million), the price reflects the substantial work required. The property may still yield a reasonable return for a buyer, depending on the costs of the necessary renovations and the current market conditions in London. However, significant additional investment will be required.

Based on the photographs, the property is undergoing significant renovations or is in a state of disrepair. While some areas show a relatively clean finish, extensive demolition and construction work is evident throughout significant parts of the property, impacting its current liveability and suggesting it’s not in move-in condition.

Lexham Mews is located in Kensington, a highly desirable and affluent area of London known for its prestigious addresses, excellent schools, and proximity to amenities. The area benefits from green spaces, transport links (West Brompton underground station is less than a kilometre away), and high-quality shopping and dining options. The presence of outstanding-rated primary schools nearby further enhances its desirability. This makes it a prime location for a family home or a high-value investment property.

The property appears to have very limited land. The listing indicates a plot size of 0.00 sqft, suggesting there is essentially no garden or significant outdoor space. Even a small courtyard or patio is not clearly visible in the provided images.