Summary - Flat A, 167 Cricklewood Broadway NW2 3HY
6 bed 7 bath Land
**Standout Features:**
- Mid-terraced mixed-use building
- Ground floor shop leased to Paddy Power (£26,000 pa)
- Six self-contained flats generating £79,800 pa
- Total area: 311.7 sqm (3,355 sq ft)
- Freehold tenure
- Convenient location near transport links (Kilburn underground, Cricklewood rail)
- Close to local amenities and Mapesbury Dell Park
**Concerns:**
- High crime rate in the local area
- Small plot size with less outdoor space
- Double glazing installed before 2002; potential for energy efficiency improvements
- Limited broadband speeds may impact connectivity
**Summary:**
Discover a prime investment opportunity in Cricklewood, North West London, where this mid-terraced mixed-use building offers diverse income potential. The property comprises a thriving ground floor shop rented to Paddy Power under a 20-year lease and six self-contained flats, ensuring a strong combined annual rental income of £105,800. With a total area of 3,355 sq ft spanning over four levels, this building presents ample accommodation while being located close to local shops, restaurants, and Mapesbury Dell Park, ideal for family living or student housing.
Despite its urban appeal, buyers should be mindful of the higher crime rate in the area and assess the property's current state—particularly the aging double glazing and slow broadband speeds. However, with the freehold tenure and potential for future renovations or improvements, this property provides both immediate returns and long-term growth opportunities. Don't miss out on this unique chance to invest in a vibrant and bustling neighborhood!
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