Elder Avenue, N8
London
£2,000,000
Listed on 21/10/2026
Listed on 21/10/2026
The listing
Property details
Bedrooms
5Type
HouseArea
2698 sqftFeatures
- Garden
Description
This five-bedroom period house is set on a residential road close to Crouch End Broadway. The accommodation is described as approximately 2,700 sq ft including the cellar, with five double bedrooms, a through reception room, a separate living room, kitchen/dining room, utility room and ground-floor bathroom. Period features remain, and the layout offers scope for modernisation and reconfiguration.
At the rear is a south-west facing garden of approximately 2,300 sq ft. The listing states that planning consents have been granted to extend the main house to around 3,414 sq ft, with a separate consent for a one-bedroom garden guest house that could bring the combined accommodation to approximately 4,010 sq ft. Any works would be subject to the approved plans and applicable conditions. The property is marketed by Castles Estate Agents, Crouch End.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
54out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This substantial period house has real scope: generous existing accommodation, a sizeable south-west-facing garden and period details including fireplaces, cornices and ceiling roses give a strong foundation for a family-home transformation. The listing also states that consents exist to extend the house and provide a garden guest house, creating further possibilities subject to checking the approved plans and conditions. The £2,000,000 asking price is slightly below the local average per square foot, which is a positive, but the score is held back by limited headroom against the current local-value benchmark after the stated works allowance.
The visible project is mainly worn floors, dated finishes and a substantial garden clear-up; the pitched roof is visible, but its coverings and concealed fabric cannot be assessed from the available view. Limited photo coverage makes the renovation estimate further provisional.
Key opportunities
- Rework the generous five-bedroom layout and period reception spaces into a tailored family home while retaining features such as fireplaces, cornices and ceiling roses.
- Landscape the sizeable south-west-facing garden, clearing debris and making better use of its afternoon and evening sun.
- Explore the stated consents for a larger main house and a one-bedroom garden guest house, subject to verifying the approved plans and conditions.
Key risks
- The £10,000–£22,000 works range covers the visible finish and garden work; allow for a broader budget and programme if reconfiguration or the stated extensions form part of the project.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£7,556
Based on a loan of £1,500,000 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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