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The Bishops Avenue, London N2

London

£5,950,000
Listed on 26/03/2026

Property Details

Bedrooms
7
Type
Detached
Area
5730 sqft

Description

This expansive double-aspect property boasts seven bedrooms, four bathrooms, and three reception rooms, offering over 5,730 sq. ft. of living space. Nestled on a substantial plot with access from both The Bishops Avenue and Byron Drive, the home represents a remarkable investment opportunity or could be transformed into a stunning single-family residence. Having been cherished by the current owners since 1986, the property has hosted countless memorable gatherings and is set in a community-focused area known for its safety and neighbourly spirit. Importantly, this property comes with potential for further development, pending the necessary planning permissions. With two adjacent properties also on the market, there exists a unique chance for a larger scale redevelopment or to enhance the site into an even more impressive private estate.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +33.0% above area average per sq ft

+33.0%
This Property
£1,038/sq ft
Area Average
£781/sq ft
Avg Rent (weekly)
£564
Avg Yield
2.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£4,920,122
10% above area average per sq ft
Potential ROI
-20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by -10.7% over the last 12 months
3 year growth: -19.4%
5 year growth: -8.0%
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

The Bishops Avenue, London N2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£21,074
Based on a loan of £4,462,500 over 30 years at 3.91% 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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