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The Bishops Avenue, N2

London

£5,950,000
Listed on 16/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
5730 sqft

Description

Situated on a prominent corner plot within the prestigious Bishops Avenue, this five-bedroom residence offers substantial scope for enhancement and redevelopment. The property's impressive layout includes three reception rooms, allowing for diverse entertaining and comfortable living arrangements. This configuration presents a unique opportunity for buyers to customize the interior according to their specific lifestyle and design preferences. The house is already equipped with five sizable bedrooms and four bathrooms, making it ideally suited for larger families seeking both convenience and comfort. One of the standout features is the potential for expansion or complete redevelopment, pending planning permissions (STPP). The generous outdoor space provides ample room for extensions, whether that involves enlarging the kitchen-diner, adding new living areas, or increasing the number of bedrooms. Moreover, off-street parking behind secure gates adds to the practicality of this property. This home not only serves well as it stands but also represents an attractive investment opportunity to increase both living space and value.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +33.0% above area average per sq ft

+33.0%
This Property
£1,038/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
£4,922,643
10% above area average per sq ft
Potential ROI
-20.6%
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, 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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