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Prayle Grove, Cricklewood, NW2 - Image 1
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Prayle Grove, Cricklewood, NW2

London

£525,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
931 sqft

Description

This three-bedroom semi-detached home presents a promising opportunity for renovation and investment, located in a vibrant residential area undergoing significant regeneration near Brent Cross West Station. The property benefits from its proximity to extensive transport links, making it convenient for commuters, while local amenities—including schools, shops, and the renowned Brent Cross Shopping Centre—are easily accessible. The layout features a traditional entrance with a double-glazed porch leading into a spacious main hallway. The ground floor comprises a reception room that flows into a dining area, both of which are illuminated by natural light from front and rear aspect double-glazed windows. The kitchen, complete with modern fitted units, offers functionality along with access to the garden and an additional shower room. On the upper level, you will find three well-proportioned bedrooms, each featuring double glazing that enhances energy efficiency. The master bedroom includes fitted wardrobes for added convenience. A family bathroom equipped with essential amenities provides further utility for residents. The outdoor space is particularly noteworthy; the generous 74-foot garden is primarily laid to lawn with a patio area—ideal for potential landscaping or expansion (subject to planning permission). Off-street parking accommodates two to three vehicles, adding another layer of practicality to this family-oriented home. With its solid structure and prime location ripe for development, this property not only serves as a comfortable family residence but also holds excellent renovation potential for those looking to invest in an area poised for growth. An internal viewing is recommended to fully appreciate the possibilities this home offers.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -11.5% below area average per sq ft

-11.5%
Potential saving
This Property
£564/sq ft
Area Average
£637/sq ft
Avg Rent (weekly)
£500
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£652,249
10% above area average per sq ft
Potential ROI
+18.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -7.5%
5 year growth: 2.8%
Investment Disclaimer: Analysis based on NW2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Prayle Grove, Cricklewood, NW2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE