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The Bishops Avenue, London N2

London

£5,950,000
Listed on 26/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
5750 sqft

Description

This impressive five-bedroom residence is situated on a spacious corner plot in a desirable London area, presenting an outstanding investment opportunity for those looking to enhance and personalize their living space. The property features a flexible layout with three reception rooms that allow for creative reconfiguration, catering to both entertaining and daily family needs. Currently accommodating five generously-sized bedrooms and four bathrooms, the home is functional from day one but offers significant potential for modernization or expansion. One of the standout features of this property is the considerable opportunity for development, pending necessary planning approvals (STPP). The generous outdoor space not only enhances privacy but also lends itself well to additions such as a larger kitchen-diner, extra reception areas, or additional bedrooms, allowing buyers to tailor the space to their own specifications while increasing overall property value. Additional benefits include off-street parking for several vehicles, an invaluable asset in urban settings. This feature combined with the ample exterior space opens up possibilities for landscape enhancements and outdoor relaxation areas. The chain-free status further streamlines the purchasing process, making this property a practical choice for those eager to invest in a prominent London location close to amenities and transport links.

Investment Analysis

(N2 area)

Above Market Value

This property is priced +32.5% above area average per sq ft

+32.5%
This Property
£1,035/sq ft
Area Average
£781/sq ft
Avg Rent (weekly)
£620
Avg Yield
2.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£4,939,825
10% above area average per sq ft
Potential ROI
-20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (N2)

Area prices are falling by -16.1% over the last 12 months
3 year growth: -19.2%
5 year growth: -14.6%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£21,459
Based on a loan of £4,462,500 over 30 years at 4.06% 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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