Summary - Flat A, 167 Cricklewood Broadway NW2 3HY
6 bed 6 bath House
**Standout Features:**
- Mixed-use freehold investment opportunity
- Includes six residential flats and one commercial unit
- Potential rental income of approximately £130,000 per annum
- Chain-free sale and freehold ownership
- Planning permission potential to add an additional unit (STPP)
- Situated in a vibrant area with an array of local amenities
- Excellent mobile signal and cheap council tax (Band A)
**Potential Concerns:**
- Sizeable property with limited outdoor space
- Slow broadband speeds
- No insulation assumed in brick walls
This impressive mixed-use freehold property in Cricklewood, NW2 offers a unique investment opportunity with a total size of approximately 3,500 sq ft. The asset features six contemporary residential flats above a commercial unit, currently generating a substantial rental income estimated at £130,000 per year. With the area's ongoing regeneration efforts, this property holds immense potential for future growth.
The flats are designed with modern finishes, showcasing open-plan living spaces and ample storage, making it ideal for a multi-occupancy living arrangement or HMO use. Located in a bustling urban environment with easy access to transport links, shopping, cafe culture, and fantastic local schools, this property is perfect for investors seeking long-term returns in an area favored by young families and students.
While the property does have a few downsides, such as slow broadband and the lack of insulation in the solid brick walls, the superb location, income capacity, and future development potential make it a compelling option. Don’t miss out on this rare find; seize the opportunity and imagine the possibilities this property can provide!
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