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See how verdicts work2-bed flat + 2 × 1-bed flat · NW2 3EP
For saleReduced £100k (−6.3%) on 18 SepListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freehold Mixed-Use Investment. A mixed-use freehold investment situated on Cricklewood Broadway, comprising a ground floor commercial unit and four residential flats.
The residential element comprises one two-bedroom flat, two one-bedroom flats and a studio, currently producing a combined rental income of £72,600 per annum.
The ground floor commercial premises are occupied as a hairdressing and beauty salon and are let on a 15-year lease from September 2025 at £18,000 per annum, with five-yearly upward-only rent reviews.
The property currently produces a total rental income of £90,600 per annum.
The property is VAT elected in respect of the commercial element only and, being mixed-use, benefits from the lower non-residential rates of sdlt, subject to purchasers taking their own tax advice.
Located on Cricklewood Broadway, the property is well positioned for local shops and amenities, with good transport links into Central London and across North West London.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 64, Cricklewood Broadway, London
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