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Cricklewood Lane, London, NW2

London

£500,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1104 sqft

Description

This spacious three-bedroom house presents a compelling renovation opportunity on the desirable Cricklewood Lane, conveniently located just a short walk from Cricklewood Station and the vibrant Broadway area. The property is in need of comprehensive refurbishment, making it an attractive option for those looking to develop a tailored family residence or an investment property with significant upside potential. Inside, the house boasts substantial living space, featuring a bright and airy double reception room, a generous kitchen that includes an additional utility room, and three comfortably sized bedrooms. This layout offers ample scope for modernization and value enhancement, positioning it as an ideal project for renovation visionaries. Situated close to local shops and amenities, along with excellent transport links, this property benefits from its location within NW2. The area's increasing popularity and ongoing development make it an exciting prospect for both future homeowners and savvy investors alike.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -29.2% below area average per sq ft

-29.2%
Potential saving
This Property
£453/sq ft
Area Average
£640/sq ft
Avg Rent (weekly)
£498
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£776,852
10% above area average per sq ft
Potential ROI
+33.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -5.4%
5 year growth: 0.0%
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

Cricklewood Lane, London, NW2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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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