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For Sale Cedar Road, London, NW2 £900,000

3 Bedroom House  For Sale £900,000

Cedar Road, London, NW2

Freehold comprising 3 self-contained flats (tenants in situ)

Unit mix: 2 × 1-bed + 1 × studio (see floorplans)

Current income: £4,100 pcm / £49,200 pa

Approx. internal areas: F1 218 sq ft, F2 269 sq ft, F3 359 sq ft ? Total ~846 sq ft

Operationally simple: self-contained units; minimal common parts

Strong NW2 rental micro-market near Cricklewood/Willesden Green amenities & transport

Multiple exit routes: hold as block; refurb/uplift at renewal; explore title regularisation/split sales (STC/legals)

Compliance pack available (ASTs, EPCs, EICR/Gas where applicable, rent schedule)

Buyer note: purchasers to satisfy themselves on planning/building control/licensing with Brent Council

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.

Location

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Please note: This is for illustrative purposes only. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Fees

Refundable Holding depositCapped at 1 weeks rent
Security DepositCapped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
RentThe agreed monthly rent
Changes to tenancyCapped at £50 inc VAT
Early termination chargeNot exceeding the landlord’s financial losses
Late payment of rentInterest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keysReasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etcTenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership detailsThe law requires your membership details
Property Redress Scheme Membership detailsThe law requires your membership details