2-bedroom house · NW2 6QH
Listing removedListed 155 days
Opportunity summary
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About
Guide Price: £550,000 to £575,000 The lb team are delighted to bring this charming two-bedroom freehold railway cottage to the market, a home full of warmth, character and that rare sense of community that makes these cottages so loved.
Arranged over two floors and spanning approximately 840sq ft, the property has been beautifully cared for by the current owners and has a wonderfully homely feel from the moment you step inside.
The ground floor offers a comfortable reception room, ideal for relaxing at the end of the day, alongside a generous kitchen/diner with excellent storage and plenty of space for cooking, eating and entertaining.
It is the kind of kitchen that naturally becomes the heart of the home, whether you are hosting friends or having a quiet Sunday morning coffee.
Upstairs, there are two well-proportioned double bedrooms and a particularly spacious bathroom, giving the house a practical and comfortable layout.
There is also an abundance of storage throughout, including attic space, which is always the unsung hero of a good home.
Barn-style doors add to the cottage charm, giving the property a cosy, characterful feel without trying too hard.
Outside, the house enjoys its own private south-facing patio, extending to around five metres, creating a lovely suntrap for summer barbecues, morning coffee, a spot of gardening or simply sitting out with a glass of something cold.
Three large external storage cupboards sit off the garden, offering brilliant practical space, with potential for conversion, as other neighbouring homes have done, subject to any necessary consents.
Perfect for bikes, tools, Christmas decorations and all the useful things we pretend we do not own until we suddenly need them.
One of the major appeals of these railway cottages is the community around them.
To the front, the cottages are set around a beautifully maintained communal garden, creating a village-like feel that is increasingly hard to find in London.
Many owners stay here for decades, which says everything about the lifestyle on offer. The property is accessed via a quaint single carriageway, adding to the peaceful and tucked-away atmosphere.
The location is excellent, set on a quiet residential street in NW2 and within easy reach of Cricklewood Station, regular bus routes and a wide range of local amenities.
Gladstone Park is close by and remains one of Northwest London’s great green spaces, with tennis courts, woodland walks, open lawns, children’s play areas and The Stables Café.
Nearby The Dell is another local gem, offering winding paths, wildflowers and a surprisingly calm escape from city life.
Families are well served locally, with Living Spring Nursery and Little Learners Montessori Nursery within close reach, along with Anson Primary School and Mulberry House School.
For those looking further afield, schools such as North Bridge House, South Hampstead High and ucs are also popular choices, with coach services running from the area. Transport links are strong.
Cricklewood Thameslink is within walking distance, offering fast routes towards St Pancras, Luton and beyond, while Willesden Green Station on the Jubilee Line provides quick access into central London, including Bond Street.
There are also plenty of bus routes nearby, and for drivers, Staples Corner, the North Circular and Brent Cross are easily accessible.
Locally, there is a growing mix of cafés, restaurants and everyday essentials, with gail’s, Sanzio and the independents of Mill Lane, Cricklewood and West Hampstead all within easy reach.
West Hampstead’s excellent transport connections, including Tube, Overground and Thameslink, add another layer of convenience.
This is a genuinely lovely freehold cottage, full of charm, practicality and personality, with private outside space, communal gardens and a proper sense of neighbourhood.
A home that feels easy to live in and hard to leave.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 3, Midland Terrace, London
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