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Prayle Grove, Cricklewood, NW2

London

£585,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
House
Area
1094 sqft

Description

This end of terrace three-bedroom home presents an excellent investment opportunity. Located on a corner plot, the property features a spacious side garden, offering significant potential for extension subject to planning permission. The house comprises two reception rooms, benefiting from double glazing and gas central heating, along with a modern kitchen and shower room. Additionally, the loft space provides further development possibilities. Outside, you'll find a garden complete with outbuildings and ample off-street parking for two to three vehicles. Its prime location boasts proximity to local schools, Brent Cross Shopping Centre, Tesco Supermarket, Brent Cross Station, and easy access to major transport routes including the North Circular and M1. A viewing is essential to fully appreciate the property's potential for renovation and expansion.

Investment Analysis

(NW2 area)

Below Market Value

This property is priced -16.9% below area average per sq ft

-16.9%
Potential saving
This Property
£535/sq ft
Area Average
£643/sq ft
Avg Rent (weekly)
£474
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£774,087
10% above area average per sq ft
Potential ROI
+23.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NW2)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 0.0%
5 year growth: +2.6%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,087
Based on a loan of £438,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

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