Chatterton Rees says ..

Property Oracle says ..

Princes Gate Mews is located in the affluent South Kensington area of London, known for its prestigious addresses and proximity to Hyde Park, museums, and excellent schools. The property benefits from being within walking distance of several highly-rated schools, including Lycee Francais Charles De Gaulle, which received a “Good” Ofsted rating. Transport links are also readily available, with several underground stations and mainline train stations within a reasonable distance, making it a convenient location. This contributes to a high location score.

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 stylish and well-maintained, showing no signs of significant wear or damage. The modern kitchen and bathrooms are particularly noteworthy. This suggests a high condition score.

The property includes a small, but well-designed patio area. While not expansive, it provides some outdoor space, which is a desirable feature in a densely populated urban area like South Kensington. This contributes to a moderate land score.

The list price of £5,499,950 is significantly higher than the average price of £3,750,054 for the area. However, the property is substantially larger than the average property in the area (1,681 sqft vs 1,288 sqft) and appears to be of superior quality and condition, with modern features and a well-maintained exterior. The average price per sqft in the area is £2,911.00, while this property’s price per sqft is approximately £3,271. Considering the prime location, high-end finishes, and excellent condition, the price, while high, may be justified within the context of the luxury market in South Kensington. This results in a moderate price score.

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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