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Heber Road, Cricklewood, London - Image 1

Heber Road, Cricklewood, London

London

£850,000
Listed on 04/08/2025

Property Details

Bedrooms
6
Type
Detached house
Area
1507 sqft

Description

This mid-terraced house, set in a vibrant and increasingly sought-after area of Cricklewood, offers significant renovation and investment potential. The property features six well-proportioned bedrooms spread across two floors, encompassing approximately 1,507 square feet of internal space. One standout feature is the first-floor room with a mezzanine level that provides extra loft space, contributing to the overall versatility of the layout. The location adds to its appeal, being just a short walk from Cricklewood Broadway where residents can access a variety of amenities including grocery stores, coffee shops like Costa Coffee, independent retailers, and diverse dining options. This blend of conveniences makes it an attractive prospect for renters and homeowners alike. Transport links are particularly advantageous; both Cricklewood Railway Station and Willesden Green Underground Station (Jubilee Line) are within a ten-minute walk, ensuring efficient travel into Central London. Additionally, major roads offer seamless connectivity to the A407, A41, M1 motorway, North Circular (A406), and A40 for those who may need to commute by car. This property stands out not only as a spacious family home but also as an investment opportunity in a high-demand rental market. There is considerable scope for renovation or extension to further enhance its value. Whether you're looking to create additional living spaces or convert the property into multiple rental units, the potential here is noteworthy.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£564/sq ft
Area Average
£645/sq ft
Avg Rent (weekly)
£481
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£85,000 - £212,500
10-25% of property value
Target Value
£1,069,217
10% above area average per sq ft
Potential ROI
+0.6%
After renovation
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NW2)

Area prices are rising by +8.5% over the last 12 months
3 year growth: -4.3%
5 year growth: 13.1%
Investment Disclaimer: Analysis based on NW2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Heber Road, Cricklewood, London
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