NW2 3HY - Residential development for sale in Cricklewood Broadway, L…

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Residential development for sale in Cricklewood Broadway, London, NW2

Summary - 167A - 167C CRICKLEWOOD BROADWAY LONDON NW2 3HY

6 bed 1 bath Residential Development

**Standout Features:**
- Freehold mixed-use property on Cricklewood Broadway
- Comprises commercial premises plus six residential flats
- Gross annual income of £117,000 with a yield of 4.9%
- Part of a significant regeneration scheme, promising future growth
- Excellent public transport accessibility and close proximity to amenities
- Energy Performance Certificate rating of B; very cheap council tax

**Property Summary:**
Seize this exceptional investment opportunity with this freehold mixed-use property, perfectly positioned on the bustling Cricklewood Broadway. Featuring both commercial and residential units, it currently generates a solid annual income of £117,000, resulting in an attractive yield of 4.9%. With the ongoing regeneration efforts in NW2, the potential for increased value and rental income is promising.

This average-sized property, built in the mid-20th century, contains a variety of one-bedroom flats and a studio apartment that appeal to young families and students in the cosmopolitan area. While the building does show some age-related features, including solid brick walls and double-glazed windows installed at an unknown date, it remains structurally sound, providing a solid foundation for any renovation or improvement plans you may have.

Convenience is at your doorstep, with plentiful shops, cafes, and public transport options, ensuring easy access to central London. Choose this property for its potential rental income, prime location, and growth opportunities—a smart investment that won’t last long on the market. Ideal for investors looking to capitalize on a thriving community and ongoing development!

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