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Sunnyside, London NW2 3 bed detached house for sale
Sunnyside, London NW2
£40,000
Sunnyside, London NW2
£40,000
Our Summary
- Investment Opportunity – Freehold Title with 3 Leasehold Flats | £40,000
- Potential to increase annual charges
- A rare low-entry price point for a London property investment with value uplift potential through lease renewals or negotiation with the current leaseholders
- Future potential to acquire rear garages for further development or storage rental
- Opportunities like this are rare at this price level — especially with multiple flats and added land potential
Description
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Here is a summary of the property description in a single paragraph:
This is an exceptional investment opportunity to acquire a freehold title comprising three self-contained leasehold flats in Cricklewood, North West London. The property features a front parking area and garden, with current ground rent of £200 per flat per annum and service charges of approximately £500-£700 per annum per flat. The leases have approximately 87 years remaining and lease renewals are expected to be negotiated soon, offering potential for increased annual charges. The property is located in a well-connected area with excellent transport links, including Cricklewood Station and Willesden Green Underground, and is close to local amenities such as parks, shops, and restaurants. The asking price is £40,000, making it a rare low-entry point for a London property investment with potential for value uplift through lease renewals or negotiation with current leaseholders.