We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom semi-detached house · NW2 1PU
Listing removedListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-performing residential investment opportunity comprising two formally consented flats and an unofficial studio, generating a combined gross income of £5,640 pcm (£67,680 per annum).
The property is arranged over three floors - a two-bedroom ground floor flat currently renting at £2,450 pcm, a one-bedroom first floor flat at £1,840 pcm, and a top floor unofficial studio producing £1,350 pcm.
All three units are occupied by professional tenants on AST agreements, providing stable, day-one income with no void risk on acquisition.
Planning permission for two flats was secured on appeal in 2021, with the unofficial studio currently operating outside of that consent - offering a potential avenue for a purchaser to explore regularisation and further enhance the asset's standing.
To the rear of the garden sits an outbuilding, adding further utility to the site. The property also benefits from off-street parking for two vehicles and four bicycle spaces.
Cricklewood station is a seven-minute walk, providing strong tenant appeal and supporting long-term occupancy.
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
FAQ
About Chiltern Gardens, London, NW2
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