Prince Harry and Meghan Markle are sharing a small and cozy home at Nottingham Cottage.

It's been a few weeks since the "Suits" star got engaged to the royal prince. However, the pair has been sharing a 1,300-square foot, two-bedroom home compound at Kensington Palace.

According to a source, Prince Harry and Markle's place is considered a humble abode by royal standards. "It's a lovely, classic Victorian cottage. It's probably two-up, three [rooms] down. It's not very big, incredibly small," Ken Wharfe, a former police protection officer, told People.

The place was formerly occupied by Prince William and Kate Middleton. When the Duke and Duchess of Cambridge moved into the larger Apartment 1a, it became Prince Harry's bachelor pad.

Since Prince Harry started dating the "Horrible Bosses" star he has been putting his own touches on the place to make his fiancée feel more comfortable. In fact, it is where Prince Harry popped the big question to Markle while they were trying to roast chicken.

After Prince Harry and Markle's wedding, the couple is expected to move into a larger home where they will permanently reside. In October, the couple was reportedly house-hunting for high-end properties in Cotswolds.

"He is searching for a new home in the area," Prince Harry's friend confessed. "Before Meghan, he was vaguely looking in Norfolk but didn't find what he wanted. Now, with her input, he's renewed his search."

Prince Harry and Prince William have spent the majority of their lives in Cotswolds because Prince Charles and Princess Diana had a 150-acre property in Highgrove. The family used to spend their weekends there so the place is close to Prince Harry's heart.

"It's not surprising that Harry would like to live where he feels at home," one local said. "He's lived in the Cotswolds all his life and often returns to visit his father. After his mother died, it became a place of sanctuary. When the boys entered their teens, Charles bought several homes in the area, thinking they might want one in the future."

What can you say about Prince Harry and Markle's lovely but small home at Kensington Palace? Drop a comment below.