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Olive Road, NW2

London

£1,100,000
Listed on 05/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1961 sqft

Description

This four-bedroom semi-detached residence has been cherished by a family for over four decades and presents a unique investment opportunity in a desirable NW2 location. The property features a south-facing garden, two spacious reception areas, and significant potential for extension (subject to planning permissions), making it an ideal canvas for renovation enthusiasts or families looking to create their dream home. Inside, the property exudes classic charm with high ceilings and large windows that enhance the feeling of space and light. The layout connects the living areas seamlessly to the garden, while the front reception boasts a traditional bay window and fireplace, adding character. The second reception area at the rear opens onto the garden alongside the kitchen, which also provides direct access to outdoor space. A separate dining room adds versatility for both casual family meals and entertaining guests. The upper floor is occupied by four well-sized bedrooms and two bathrooms, catering perfectly to families or accommodating visitors. With opportunities to further optimize this area through possible side return extensions or loft conversions (contingent on obtaining necessary approvals), there's ample scope for enhancement. Situated on Olive Road, you'll find a vibrant community atmosphere enriched by friendly neighbours and local events. Proximity to Cricklewood Library enriches community engagement with various activities for all ages. Nearby Gladstone Park offers expansive green spaces ideal for recreational activities, while reputable schools like Anson Primary are within easy reach. Convenience is key here; transport links such as Cricklewood Thameslink and Willesden Green on the Jubilee Line make commuting straightforward, complemented by West Hampstead's diverse amenities just moments away. Local cafés and independent shops contribute to the area's appeal. This property stands as a rare opportunity within NW2’s promising market landscape—poised for its next chapter after many happy years.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£561/sq ft
Area Average
£640/sq ft
Avg Rent (weekly)
£518
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,380,868
10% above area average per sq ft
Potential ROI
+16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are rising by +3.3% over the last 12 months
3 year growth: -5.3%
5 year growth: 2.1%
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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