Location

One of the best spots in London.
I personally would enjoy a metropolitan campus on the river - closer to Trafalger - but I can't complain about Regent's Park. The park is great with a lot of concerts and the open air theater. The stream running around the park is sometimes gross, because some places have a layer of green filth on the surface of the water. There are many squirls, cranes, and city birds.
It takes about two minutes walking to get to Baker Street.
The closest bars are the Volunteer and the Globe, which are both great. There is also the Sherlock Holmes Museum, and a lot of Sherlock Holmes themed shops/hotels. There are a couple of cafes, as well as Pizza Hut, Subway, McDonalds, Nandos, KFC, and a sushi place down Baker Street.
Baker Street Station is about 10 minutes from campus, and can take you to the tourist spots of London.
There aren't any great theater's near by, but you can get to Waterloo and other theater areas on the tube within just a few minutes.
The nearest cinema is also a little far, and is most easily reached by public transportation.
There are many tescos nearby, as well as other shopping markets.
Overall, it is an excellent place.