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Winnington Close, London N2

London

£6,000,000
Listed on 13/08/2025

Property Details

Bedrooms
6
Type
Detached house
Area
4232 sqft

Description

This property, held within the same family for over four decades, presents a unique opportunity for renovation or redevelopment in a desirable cul-de-sac off Winnington Road. Spanning nearly half an acre, the expansive plot features impressive gardens that stretch approximately 240 feet in width, offering ample space for landscaping or potential outdoor amenities. The existing residence encompasses six bedrooms, four bathrooms, and four reception rooms across more than 4,600 square feet of living space. Additional features include a sizable garage and a generous driveway, providing both convenience and functionality. The property has previously received planning permission to demolish the current structure and replace it with a new mansion of around 12,000 square feet. This historical consent underscores the investment potential available to prospective buyers looking to customize their dream home in this sought-after location. Whether you are interested in renovating the existing layout or pursuing new construction, this property offers a blank canvas to create something truly exceptional.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +79.4% above area average per sq ft

+79.4%
This Property
£1,418/sq ft
Area Average
£790/sq ft
Avg Rent (weekly)
£639
Avg Yield
2.5%

Renovation Potential

Est. Renovation Cost
£600,000 - £1,500,000
10-25% of property value
Target Value
£3,679,237
10% above area average per sq ft
Potential ROI
-50.9%
After renovation
Monthly Sales
17
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by +12.8% over the last 12 months
3 year growth: -9.6%
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. 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 Close, London N2
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