Lordship Road, N16
London
£3,000,000
Listed on 09/10/2026
Listed on 09/10/2026
The listing
Property details
Bedrooms
7Type
DetachedFeatures
- Garden
Description
A chain-free detached property comprising a five-bedroom main house and a two-bedroom side annex, set on a large plot beside East Reservoir and opposite West Reservoir. The listing describes the site as having development potential, subject to planning permission. The main house includes a kitchen, utility room, lounge/diner and shower rooms, while the annex has an open-plan kitchen and lounge/diner, two bedrooms and a shower room. Central heating and double glazing are stated. The plot and existing annex offer scope to explore how the property could be used or adapted, with any development or alteration subject to verification of planning and other requirements. Local transport links, shops, eateries and amenities are noted, as are Clissold Park and Finsbury Park. Marketed by Spencer James Residential.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
51out of 100
Grade DWeak opportunity
Confidence: LOW
The reservoir-side setting and separate two-bedroom annex make this a distinctive project, with multiple living spaces and a large plot to work with. The photographed interiors are dated, and the overgrown garden offers scope for a substantial refresh; the stated renovation range is £65,000–£115,000. Development potential is mentioned subject to planning, but feasibility and permissions are unverified.
At 51/100, this is a weaker overall opportunity rather than a clear value-led buy. The floor area is missing, so value versus local £/sqf cannot yet be judged. A hallway wall crack is visible and needs investigation.
Key opportunities
- Refresh the dated interiors, including the two photographed kitchens and shower rooms, and update patchy decoration.
- Rework the overgrown garden and worn paving to make more of the substantial plot.
- The separate two-bedroom annex and multiple living spaces offer flexibility; the listing also mentions development potential subject to planning.
Key risks
- Investigate the visible hallway wall crack to establish its significance.
- The missing floor area prevents comparison with local £/sqf and leaves value and residual economics unassessed.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£11,334
Based on a loan of £2,250,000 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.
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