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Norrice Lea, Hampstead Garden Suburb, N2

London

£2,500,000

Listed on 10/07/2026

Property details

Bedrooms
4
Type
Detached
Area
2343 sqft

Description

This four-bedroom detached home is situated on the sought-after Norrice Lea in Hampstead Garden Suburb, presenting an excellent opportunity for renovation enthusiasts. With a substantial living space of 2,343 sq ft, the property is set on a large plot featuring an impressive mature garden and a carriage driveway that offers ample off-street parking. The ground floor layout comprises a welcoming entrance hall, a spacious reception room that flows from front to back, as well as a separate lounge and dining area. The kitchen overlooks the expansive south-facing garden and includes an adjacent utility room and garage. On the first floor, you will find a generously sized principal suite complete with garden views and an en-suite bathroom, alongside three additional bedrooms and a family bathroom. Notably, this residence boasts significant potential for enhancement, particularly with the sizeable loft space that could be converted into further living areas, pending necessary permissions. Conveniently located approximately 0.6 miles from East Finchley Underground station and opposite Lyttelton Playing Fields, this property not only offers comfortable living but also proximity to local amenities and green spaces such as Hampstead Heath.

Investment analysis

(N2 area)

Above Market Value

This property is priced +37.4% above area average per sq ft

+37.4%
This Property
£1,067/sq ft
Area Average
£777/sq ft
Avg Rent (weekly)
£568
Avg Yield
2.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£2,002,047
10% above area average per sq ft
Potential ROI
-24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by -10.6% over the last 12 months
3 year growth: -15.2%
5 year growth: -1.3%
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

Norrice Lea, Hampstead Garden Suburb, N2
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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
£9,445
Based on a loan of £1,875,000 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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