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London

London

£200,000

Listed on 17/07/2026

Property details

Bedrooms
3
Type
Flat
Area
798 sqft

Description

This three-bedroom flat, located on the first floor of a charming period building, presents an excellent opportunity for renovation and investment. The layout includes an entrance hallway, a reception room, a separate kitchen, three bedrooms, and a bathroom. The property is being offered as seen and requires comprehensive refurbishment throughout, providing potential buyers the chance to create their ideal living space. Conveniently situated in Cricklewood near Temple Road, it benefits from strong transport links including access to the Thameslink Line and local bus services to central London. Additionally, residents will enjoy proximity to Gladestone Park and the bustling shops and restaurants along Cricklewood Broadway. Offered chain-free for a smoother acquisition process.

Investment analysis

(NW2 area)

Below Market Value

This property is priced -60.6% below area average per sq ft

-60.6%
Potential saving
This Property
£251/sq ft
Area Average
£636/sq ft
Avg Rent (weekly)
£497
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£558,369
10% above area average per sq ft
Potential ROI
+110.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (NW2)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -2.9%
5 year growth: -1.2%
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

London
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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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