Studio flat · NW2 1UN
Listing removedListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A simple, well-laid-out one-bedroom flat with parking and everything you need close by.
Set on the ground floor in Draycott Close, this apartment offers a practical layout that works well for first-time buyers, a London base, or an easy rental investment.
The living room is a comfortable size with space for both relaxing and dining, sitting at the centre of the flat.
The kitchen is separate and neatly arranged, keeping the living space clear and usable. The bedroom is a good double with built-in storage, and the bathroom sits just off the hallway.
The overall footprint is compact and efficient, with no wasted space. The flat also comes with allocated parking and surrounded by communal garden areas.
Draycott Close is well placed for connections, with Cricklewood Thameslink a short distance away for direct routes into central London.
The ongoing Brent Cross Town redevelopment is nearby, along with Claremont Park, bringing new green space and amenities to the area, while still keeping a residential feel.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Draycott Close, Cricklewood, NW2
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