£90,000

Land for sale

Sunnyside, London NW2
studio Flat studio Flat
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Property description

Investment Opportunity – Half Freehold Title (land only) plus driveway and garages at the back. Title to manage 3 Leasehold Flats | £90,000 The current freehold title belongs to two parties. One party is selling his part (50%) for £90,000.There is a potential to develop garages at the back plus driveway.
Sunnyside, London NW2 2QP
An exceptional opportunity to acquire a 50% part of a freehold title comprising 3 self-contained leasehold flats, driveway and garages located in the heart of Cricklewood, North West London — a well-connected and increasingly sought-after area with excellent transport links and green open spaces.
Property Highlights:
Freehold Title
Three Leasehold Flats within one house, Front Parking and Garden
Current Ground Rent: £200 per flat per annum
Service Charges: Approx. £500–£700 p.a. per flat
Leases: 125 years from 1987 (approx. 87 years remaining)
Lease Renewals Due: Expected within the next year at approx. £12,000 per flat (standard for 87-year lease remaining)
Potential to increase annual charges
Garages & Rear Parking: No pictures — but can view by appointment only. Asking Price: £90,000 (Negotiable)Finder’s Fee: £2,000
A rare low-entry price point for a London property investment with value uplift potential through lease renewals or negotiation with the current leaseholders.
Transport Links (All within walking distance):
Cricklewood Station (Thameslink) – 10 min walk
Direct trains to King's Cross St Pancras in 12 mins
Willesden Green Underground (Jubilee Line) – 15 min walk
Direct access to Baker Street, Bond Street, London Bridge
Excellent bus connections along Cricklewood Broadway and Shoot-Up Hill
Local Amenities & Attractions:
Gladstone Park – 12 min walk
Wide green space with walking trails, tennis courts, and panoramic views of London
Mapesbury Dell Park – 10 min walk
A hidden gem for peace and quiet amid city life
Cricklewood Broadway – 5 min walk
Shops, cafes, restaurants, and gyms
Brent Cross Shopping Centre – 10 min drive
Investment Notes:
Lease renewals due soon – ideal for negotiating favourable terms or capitalising on leaseholder interest
Ongoing passive income through ground rents and service charges
Future potential to acquire rear garages for further development or storage rental
This is a quietly marketed deal in a high-demand London postcode. Opportunities like this are rare at this price level — especially with multiple flats and added land potential.
Contact Peter to get more info and arrange a viewing.
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First listed

Over a month ago

Sunnyside, London NW2

Marketed by

Tcl Estates & Management - North Finchley 366 Ballards Lane North Finchley, London N12 0EE
Call agent on 020 3641 7404
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Tcl Estates & Management - North Finchley. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Tcl Estates & Management - North Finchley for full details and further information.
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