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Downham Road, Islington, N1

London

£1,300,000

Listed on 05/06/2026

Property Details

Bedrooms
6
Type
Terraced
Area
640 sqft

Description

This expansive early Victorian freehold house, spanning over 2,300 ft², presents a unique opportunity for restoration in the desirable East Canonbury Conservation Area of De Beauvoir. While the property is currently in need of complete refurbishment, it offers a wealth of potential to create a bespoke family residence that preserves its historical charm. With five storeys, including extensions to both the rear and loft, this home features numerous original elements such as decorative cornicing, sash windows, and fireplaces that are ideal for a thoughtful renovation project. Located on a prime street known for its picturesque tree-lined avenues and strong community feel, this area is rich in character and convenience. Residents can enjoy local independent cafés and shops while being close to vibrant hubs like Dalston and Shoreditch. Access to public transport is excellent, with Haggerston Overground Station just a short walk away. This property is sold with no onward chain, making it an increasingly rare chance to invest in a significant Victorian structure within one of North London's most established neighbourhoods.

Investment Analysis

(N1 area)

Above Market Value

This property is priced +110.8% above area average per sq ft

+110.8%
This Property
£2,031/sq ft
Area Average
£964/sq ft
Avg Rent (weekly)
£704
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£678,339
10% above area average per sq ft
Potential ROI
-56.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (N1)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +1.5%
5 year growth: -1.1%
Investment Disclaimer: Analysis based on N1 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

Downham Road, Islington, N1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,911
Based on a loan of £975,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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