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Hoveden Road, NW2

London

£400,000
Listed on 15/04/2026

Property Details

Bedrooms
1
Type
Ground Flat
Area
516 sqft

Description

This spacious ground floor flat presents a valuable opportunity for renovation and investment on Hoveden Road. Spanning approximately 516 square feet, the property boasts the exclusive use of a sizable private garden, enhancing its appeal for both homeowners and investors alike. The interior layout features a well-sized reception area, a separate kitchen, a double bedroom, and a bathroom conveniently located off the hallway. The highlight is undoubtedly the expansive garden at the rear, ideal for outdoor activities or future landscaping projects. Importantly, there is potential for extension (subject to planning permission) which could significantly enhance living space. Located in Mapesbury, a desirable residential area known for its charming tree-lined streets and period architecture, this flat combines tranquility with accessibility. Excellent transport links to central London and nearby amenities make it an attractive choice for those looking to invest or create their dream home.

Investment Analysis

(NW2 area)

Above Market Value

This property is priced +21.5% above area average per sq ft

+21.5%
This Property
£775/sq ft
Area Average
£638/sq ft
Avg Rent (weekly)
£485
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£362,157
10% above area average per sq ft
Potential ROI
-16.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are rising by +3.1% over the last 12 months
3 year growth: -3.2%
5 year growth: -0.4%
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, NW2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% 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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