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The Bishops Avenue, London N2

London

£5,950,000
Listed on 11/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
5750 sqft

Description

This spacious five-bedroom house, situated on a desirable corner plot in London, represents a valuable opportunity for renovation and investment. The generous layout includes three flexible reception rooms that can be transformed to fit modern family dynamics or personal design preferences. With ample bedrooms and bathrooms already present, the property provides a strong foundation for families while also inviting creative enhancement. One of the key advantages of this home is its potential for expansion, subject to securing the required planning permissions (STPP). The size of the corner plot affords opportunities for extending living spaces—perhaps creating a larger kitchen-diner or adding extra bedrooms—to elevate both comfort and property value over time. Noteworthy features include off-street parking for multiple vehicles, ensuring ease of access in an urban setting. The extensive outdoor space also lends itself to landscaping possibilities and outdoor leisure areas, perfect for enhancing family life or entertaining guests. With its proximity to amenities and transport links, this property is not only chain-free but also primed for quick acquisition. It stands as an exceptional canvas for those looking to craft a truly bespoke family residence in one of London's sought-after locations.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +32.5% above area average per sq ft

+32.5%
This Property
£1,035/sq ft
Area Average
£781/sq ft
Avg Rent (weekly)
£620
Avg Yield
2.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£4,939,825
10% above area average per sq ft
Potential ROI
-19.0%
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

The Bishops Avenue, London 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
£21,459
Based on a loan of £4,462,500 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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