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NEW HOME

London, NW2

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

539 sq ft

50 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • One bedroom plus study apartment
  • Located in Cricklewood, North London
  • Vibrant community feel with a range of home sizes available
  • Strong transport links into central London
  • Purchase Price: £449,995
  • Expected Gross Yield: 5.5%
  • Lease: 999 Years
  • Reservation Fee: £5,000
  • Exchange: 10% Less Reservation Fee
  • Stage Payment: 5% at Six Months

Description

One-Bedroom Plus Study Apartment – Cricklewood, North London
Overview

A beautifully designed one-bedroom plus study apartment forming part of a brand new residential development in the heart of Cricklewood, North London.

Comprising 251 apartments across three distinct blocks, the development combines contemporary architecture with a strong sense of community, offering a selection of one, two and three-bedroom homes designed for modern city living.

This particular apartment benefits from a versatile study space, providing valuable flexibility for home working, a dedicated workspace or additional storage.

With a 999-year lease, an attractive off-plan payment structure and an expected gross yield of 5.5%, this property presents an appealing opportunity for both investors and owner-occupiers.

Key Features;

• One-Bedroom Plus Study Apartment
• Brand New Residential Development
• 251 Apartments Across Three Blocks
• Contemporary Architecture
• Modern City Living
• Versatile Study / Home Office Space
• 999-Year Lease
• Expected Gross Yield of 5.5%
• £449,995 Purchase Price
• £5,000 Reservation Fee
• 10% on Exchange, Less Reservation Fee
• 5% Stage Payment at Six Months
• 85% Balance on Completion
• Prime Cricklewood Location
• North London Regeneration Area
• Strong Transport Connections
• Excellent Access Towards Central London
• Vibrant Community Feel
• Range of One, Two & Three-Bedroom Homes

The Investment

This one-bedroom plus study apartment presents an opportunity to invest within an exciting new residential development in Cricklewood, North London.

The development comprises 251 apartments across three blocks, providing a varied mix of one, two and three-bedroom homes designed to appeal to a broad range of residents and tenants.

The apartment benefits from a 999-year lease and an expected gross yield of 5.5%, offering an attractive proposition for investors seeking exposure to the London residential market.

The off-plan payment structure also allows buyers to spread their capital commitment through to completion:

• £5,000 reservation fee
• 10% on exchange, less the reservation fee
• 5% stage payment at six months
• 85% balance on completion

Purchasing early within a new development also provides investors with the opportunity to secure a property within an emerging North London location as the wider area continues to evolve.

The Location

Located in Cricklewood, North London, the development benefits from a well-established local community combined with strong transport connections into central London.

Cricklewood offers a blend of local amenities, green spaces and convenient access to some of London’s major employment and leisure destinations.

The area is also benefiting from significant wider investment and regeneration, supporting its growing appeal among residents, professionals and investors.

The area also benefits from:

• Cricklewood Local Amenities
• Strong Transport Connections
• Convenient Access to Central London
• North London Regeneration
• Local Shops, Cafés & Restaurants
• Green Spaces
• Established Residential Community
• Excellent London Connectivity
• Access to Major Employment Hubs
• Growing Investment & Development

The Apartment

This beautifully designed one-bedroom plus study apartment has been thoughtfully planned to maximise flexibility and modern-day functionality.

The property features:

• One Spacious Bedroom
• Versatile Study Space
• Modern Living Accommodation
• Contemporary Kitchen
• Modern Bathroom
• High-Quality New-Build Specification
• Flexible Home Working Space
• Efficient Use of Space
• Contemporary Interior Design

The additional study provides a valuable element of flexibility, making the apartment particularly well suited to professionals working from home, investors targeting modern tenants and owner-occupiers looking for adaptable accommodation.

The Development

The development comprises 251 contemporary apartments arranged across three distinct residential blocks, creating a vibrant new community in Cricklewood.

A range of one, two and three-bedroom apartments provides different accommodation options, supporting a diverse resident profile and creating a strong sense of community.

The development combines contemporary architecture with modern residential design, offering homes suited to the demands of modern London living.

• Development Highlights
• 251 New Apartments
• Three Distinct Residential Blocks
• One, Two & Three-Bedroom Homes
• Contemporary Architecture
• Modern Residential Design
• Strong Community Focus
• Brand New Development
• Prime North London Location

The combination of new-build accommodation, varied apartment types and an established North London location creates a compelling proposition for both residential buyers and investors.

Why Invest?

• Prime Cricklewood Location
• Brand New Residential Development
• One-Bedroom Plus Study Apartment
• 999-Year Lease
• Expected Gross Yield of 5.5%
• £449,995 Purchase Price
• £5,000 Reservation Fee
• Staged Off-Plan Payment Structure
• 10% on Exchange, Less Reservation Fee
• 5% Stage Payment at Six Months
• 85% Balance on Completion
• 251 Apartments Across Three Blocks
• Contemporary New-Build Specification
• Flexible Study / Home Office
• Strong Transport Connections
• Excellent Access Towards Central London
• Growing North London Location
• Regeneration & Development Potential
• Strong Professional Tenant Appeal
• Owner-Occupier Potential
• Investment Potential

Secure Your Investment

This beautifully designed one-bedroom plus study apartment offers an opportunity to secure a brand new home within an evolving and increasingly sought-after North London location.

Combining a 999-year lease, an expected 5.5% gross yield, flexible study accommodation and an attractive staged payment structure, the property offers a compelling combination of contemporary living and investment potential.

• Purchase Price: £449,995
• Expected Gross Yield: 5.5%
• Lease: 999 Years
• Reservation Fee: £5,000
• Exchange: 10% Less Reservation Fee
• Stage Payment: 5% at Six Months
• Completion: 85% Balance
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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London, NW2

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Affordability

Monthly repayments£2,265
Property: £ 450,000
Deposit: £ 45,000
Interest rate: 5.36%
Term: 30 years
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About TK Property Group Ltd, Covering Manchester

Covering Manchester
Industry affiliations:

TK Property Group is an Award Winning property investment specialist in the UK. With over 25 years experience as UK property specialists and private investors, we select only the highest yielding, secure and proven buy-to-let property developments. Specialising in residential buy-to-let investments, we strive to source our clients opportunities to invest in the most profitable and exciting developments that the UK's hot-spot cities have to offer.

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Disclaimer - Property reference CQ300726450000KPSC. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by TK Property Group Ltd, Covering Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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