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Winnington Road, Hampstead Garden Suburb, London, N2

London

£12,300,000
Listed on 08/04/2026

Property Details

Bedrooms
8
Type
Detached
Area
12820 sqft

Description

This exceptional property presents a rare opportunity for redevelopment on a substantial 0.45-acre plot in one of Hampstead's most desirable residential avenues. Currently housing a dated 1960s structure, the site comes with planning permission (25/2665/FUL) to demolish the existing home and construct an expansive 12,820 sq ft mansion featuring eight bedrooms and state-of-the-art amenities. The new design allows for customization, with potential features including a large swimming pool, spa facilities, gymnasium, and dedicated media cinema space. The existing footprint of 2,682 sq ft offers ample room for transformation into a luxurious family residence tailored to modern living. This unique development opportunity not only enhances the property's value but also aligns with the area's affluent market that is characterized by high-performing schools and vibrant local amenities. Prospective buyers should conduct their own due diligence regarding the acquisition and planned development while considering the flexibility to engage personal contractors for bespoke finishes as per their preferences.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +22.9% above area average per sq ft

+22.9%
This Property
£959/sq ft
Area Average
£781/sq ft
Avg Rent (weekly)
£564
Avg Yield
2.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£8,000,000 - £12,000,000
Target Value
£11,008,021
10% above area average per sq ft
Potential ROI
-54.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by -10.7% over the last 12 months
3 year growth: -19.4%
5 year growth: -8.0%
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

Winnington Road, Hampstead Garden Suburb, London, N2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£43,564
Based on a loan of £9,225,000 over 30 years at 3.91% 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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