54 The Bishops Avenue

This residential development, located at 54 The Bishops Avenue in Hampstead, London N2, is valued at £200 million and is being undertaken by Valouran.

Positioned on the prestigious Bishops Avenue in Hampstead, North London, this development consists of thirty light-filled residences spread across three pavilions, surrounding a landscaped courtyard garden. It draws inspiration from the Arts and Crafts movement, reflecting the architectural ideals of the neighbouring Hampstead Garden Suburb.

The redevelopment of this 2.25-acre site was initiated by a Middle Eastern investor, aiming to create a harmonious community environment. The design, led by Pilbrow and Partners, incorporates heritage elements and has received exceptional planning consent for the development.

The development will include ancillary facilities such as cycle parking, motorcycle parking, and car parking with 49 spaces. Additionally, there will be refuse storage, plant, and storage rooms available.

Three buildings will surround a landscaped courtyard garden, with the existing locally listed Oak Lodge being restored and adapted to contain two apartments. The development will consist of a mix of residential units across various blocks, totaling 30 new homes.

The sensitive, design, and heritage-led approach of the project has garnered approval from the local planning authority, with consent granted in record time under delegated powers. Works have already commenced on-site, with completion scheduled for 2025. A comprehensive development financing package has been arranged utilizing extensive banking contacts.