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That's the Christmas spirit! Naomi Watts wears a smile as she arrives on the Gypsy set in New York in an oversized wool coat

By Daily Mail Australia Reporter

Published: 16:47 EST, 30 November 2016 | Updated: 17:44 EST, 30 November 2016

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Naomi Watts looked like she was full of festive cheer as she arrived on the New York set of Gypsy.

The actress wore a sweet smile while wearing an oversized wool coat to keep warm from the winter chill.

Naomi, 48, looked ready for work as the lead in the new Netflix series, for which she is also executive producer.

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Ready to work! Naomi Watts looks happy as she arrives on the Gypsy set in New York

Fifty Shades Of Grey director, Sam Taylor-Johnson, is directing the first two episodes of the show created by Lisa Rubin.

It follows Naomi's therapist Jean Holloway, 'who begins to develop dangerous and intimate relationships with the people in her patients’ lives'.

Billy Crudup plays her husband in the show, with Sophie Cookson (Kingsman: The Secret Service) and Lucy Boynton (Sing Street) in supporting roles.

Wrapped up: The actress kept warm in an oversized wool coat

Back on TV: Gypsy is Naomi's first significant TV role since appearing in a nine episodes of Sleepwalkers between 1997 and 1998

Gypsy is Naomi's first significant TV role since appearing in a nine episodes of Sleepwalkers between 1997 and 1998.

It's not the only television show to welcome the Academy Award nominated actress as she is set to be appear in the Twin Peaks revival too.

While she didn't appear in the original 1990s sci-fi series, she had previously worked with the show's creator David Lynch in the critically-acclaimed Mulholland Drive.

Split: Naomi and Liev Schreiber ended their 11-year relationship in September

Kids: She and Liev have two sons Samuel and Sasha

The Showtime series is also scheduled to air in 2017, like Gypsy, and will see the return of original cast members Kyle MachLachlan, Harry Dean Stanton and Catherine E. Coulson - who played the infamous 'Log Lady'.

While Naomi's professional life is going from strength to strength, she's no doubt still coming to terms with her split from longtime partner Liev Schreiber.

The couple called time on their relationship after 11 years but continue to look after their two sons Samuel and Sasha.