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Canons Close, East Finchley, N2

London

£4,750,000
Listed on 16/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
4804 sqft

Description

Tucked away in a peaceful cul-de-sac just off The Bishops Avenue, this expansive five-bedroom detached family home offers a remarkable opportunity for renovation and investment. With its prime location near Kenwood and Hampstead Heath, the property is well-positioned to attract future buyers or tenants who appreciate the charm of this desirable area. Set on a spacious corner plot, the home features an adaptable layout that includes a large fitted kitchen, formal dining and reception areas, plus a conservatory that brings in plenty of natural light. There's also a convenient ground-floor study, making this space ideal for both family living and remote work. Upstairs, you'll find five generously sized bedrooms. The master suite includes an ensuite bathroom, while the remaining rooms share a well-appointed second bathroom. This arrangement provides ample accommodation for families or guests. The property comes with notable amenities such as a double garage and off-street parking for up to six vehicles—an attractive feature in this sought-after neighborhood. The low-maintenance rear garden is perfect for gatherings or quiet relaxation. With substantial potential for extension or redevelopment (subject to planning permission), this residence represents an exceptional chance to invest in one of London’s most prestigious locales. Viewing is highly encouraged to fully grasp the size and possibilities this property has to offer.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +25.5% above area average per sq ft

+25.5%
This Property
£989/sq ft
Area Average
£788/sq ft
Avg Rent (weekly)
£702
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£4,163,843
10% above area average per sq ft
Potential ROI
-16.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by +18.3% over the last 12 months
3 year growth: -15.1%
5 year growth: -8.6%
Investment Disclaimer: Analysis based on N2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Canons Close, East Finchley, N2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£17,400
Based on a loan of £3,562,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE