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Olive Road, NW2

London

£1,100,000
Listed on 31/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1761 sqft

Description

This four-bedroom period home boasts just under 2,000 square feet of living space, including a well-constructed outbuilding at the rear of the expansive south-facing garden. Held by the same family for over 45 years, this property presents a unique opportunity for renovation and investment. The wide plot allows for multiple expansion possibilities, subject to planning approval. The ground floor features two spacious reception rooms and a separate dining area that leads directly into a kitchen with garden access. The high ceilings and original elements, such as fireplaces, add character and highlight the property's period charm. These features provide a solid foundation for someone looking to modernize while maintaining the historical integrity of the home. Upstairs, you’ll find four generously sized bedrooms along with two bathrooms, each offering ample space for updating or reconfiguration to suit contemporary family needs. The potential for both a side return extension and loft conversion opens up exciting possibilities to maximize living space. The south-facing garden not only benefits from abundant sunlight but also serves as a private retreat for outdoor activities or gardening pursuits. As a freehold property, it offers added appeal with parking arrangements available through the selling agent. Nestled on Olive Road, this home is part of a vibrant community close to Gladstone Park and local conveniences. Cricklewood Library and several primary schools are within easy reach, making it an attractive location for families. Transport links are conveniently located with Cricklewood Thameslink and Willesden Green station on the Jubilee line just a short distance away. This property is not only a substantial family home in NW2 but also an exceptional opportunity for those looking to invest in renovation projects with significant potential for increase in value through thoughtful updates and expansions.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -1.9% below area average per sq ft

-1.9%
Potential saving
This Property
£625/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,233,739
10% above area average per sq ft
Potential ROI
+1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -7.5%
5 year growth: 2.8%
Investment Disclaimer: Analysis based on NW2 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

Olive Road, NW2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£4,030
Based on a loan of £825,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE