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See how verdicts work3-bedroom terraced house · NW2 6SP
For saleReduced £100k (−11.1%) on 8 FebListed 366 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Next Home Ltd are delighted to present this income-producing freehold on a residential street between Cricklewood/Mapesbury and Willesden Green.
The building is arranged as three self-contained flats, each with its own front door and services, and is sold with tenants in situ-a genuine plug-and-play purchase for landlords.
Key points Freehold block of 3 (studios/compact 1-beds) Passing income: £4,100 pcm / £49,200 pa Flat 1: £1,350 pcm | c. 20.2 m² / 218 ft² (see floorplan "Cedar Road 1") Flat 2: £1,150 pcm | c.
25.0 m² / 269 ft² (see floorplan "Cedar Road 2") Flat 3: £1,600 pcm | c. 33.3 m² / 359 ft² (see floorplan "Cedar Road 3") EPC floor-area references: approx.
18 m², 24 m², 34 m² (certs available) Operationally simple: three self-contained units, low common areas Strong local rental demand and multiple exit routes (hold as a block, refurb between tenancies, or explore title regularisation/split sales - STC & buyer's legal advice) The accommodation Flat 1 (GF front): open-plan living/bed space with bay, compact fitted kitchen and bathroom.
Flat 2 (GF rear): living room, separate kitchen, bedroom opening to garden aspect, shower room.
Flat 3 (GF rear extension): larger studio/compact 1-bed layout with doors to garden, bathroom and kitchenette. Please refer to the three attached floorplans for measured internal areas and layout.
Location Cedar Road sits in NW2 with quick access to Cricklewood, Willesden Green (Jubilee line) and Mapesbury amenities-popular with renters seeking fast links into the City and West End.
Tenure & tenancy Freehold, sold subject to existing ASTs as detailed above. A rent schedule and copies of ASTs/EPCs/EICR/Gas (where applicable) will be provided to qualified purchasers.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 Cedar Road, London, NW2
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