Worst House on the Street Logo
Hoveden Road, Mapesbury, NW2 - Image 1
Hoveden Road, Mapesbury, NW2 - Image 2
Hoveden Road, Mapesbury, NW2 - Image 3
Hoveden Road, Mapesbury, NW2 - Image 4
Hoveden Road, Mapesbury, NW2 - Image 5
Hoveden Road, Mapesbury, NW2 - Image 6
Hoveden Road, Mapesbury, NW2 - Image 7
Hoveden Road, Mapesbury, NW2 - Image 8
Hoveden Road, Mapesbury, NW2 - Image 9
Hoveden Road, Mapesbury, NW2 - Image 10
Hoveden Road, Mapesbury, NW2 - Image 11

Hoveden Road, Mapesbury, NW2

London

£500,000
Listed on 31/01/2026

Property Details

Bedrooms
2
Type
Flat
Area
826 sqft

Description

This well-located garden flat, nestled within an attractive period property, offers ample potential for renovation and investment. Situated in the sought-after Mapesbury Conservation Area, it boasts proximity to the serene Mapesbury Dell and excellent local amenities of NW2. Currently configured as a two-bedroom unit, this space can be easily transformed into a luxurious one-bedroom garden flat with thoughtful reconfiguration. The property features a spacious reception area, a separate kitchen, a dining room, and a family bathroom equipped with gas central heating throughout. With direct access to a sizable garden and additional storage provided by a cellar, there’s outstanding scope for expansion or redesign (pending the necessary permissions), which could significantly enhance its value over time. Transport links are strong here; both Willesden Green Station (Jubilee Line) and Cricklewood Station (Thameslink) provide swift connections to key destinations including Bond Street and St Pancras. The local transport network is further complemented by multiple bus services and easy access to major roads like the North Circular. Mapesbury Dell across the road offers residents a tranquil retreat with its mature greenery, while the vibrant café culture nearby fosters a sense of community that enriches daily life. Fitness enthusiasts will appreciate the variety of wellness facilities available. Overall, this property presents an excellent opportunity for those looking to invest in an appealing area while having the flexibility to craft their ideal living space.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£605/sq ft
Area Average
£640/sq ft
Avg Rent (weekly)
£498
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£581,231
10% above area average per sq ft
Potential ROI
+7.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -5.4%
5 year growth: 0.0%
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

Hoveden Road, Mapesbury, NW2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors