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Canons Close, Off The Bishops Avenue, N2 - Image 1
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Canons Close, Off The Bishops Avenue, N2

London

£4,750,000
Listed on 05/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
4804 sqft

Description

Nestled in a peaceful cul-de-sac near the esteemed Bishops Avenue and in close proximity to Kenwood and Hampstead Heath, this spacious five-bedroom, two-bathroom detached family residence presents a significant opportunity for renovation and investment. This property is set on a generous corner plot and features a well-proportioned layout that includes a large fitted kitchen, formal dining area, reception rooms, a conservatory, and a study. Notable amenities include a double garage and ample off-street parking for up to six vehicles, accompanied by a low-maintenance rear garden suited for entertaining. The five generously sized bedrooms, with the principal bedroom benefiting from an ensuite bathroom, provide ample space for family living. Given its size and location, there is considerable potential for extension or redevelopment (subject to planning permission), making this home a rare find in one of London's most coveted areas.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +26.6% above area average per sq ft

+26.6%
This Property
£989/sq ft
Area Average
£781/sq ft
Avg Rent (weekly)
£620
Avg Yield
2.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£4,127,116
10% above area average per sq ft
Potential ROI
-17.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by -16.1% over the last 12 months
3 year growth: -19.2%
5 year growth: -14.6%
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, Off The Bishops Avenue, N2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£17,131
Based on a loan of £3,562,500 over 30 years at 4.06% 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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