Whether as a buy to let landlord or an owner occupier, Cricklewood in North London is fast becoming one of the area’s most sought after locations for owning a property. From great transport links and new schools, to being in the midst of one of London’s largest regeneration programmes, Cricklewood offers a host of benefits for families and young professionals, covering both lifestyle and financial.
Here are some of our favourite reasons why Cricklewood is a fantastic area to be investing in property…
It’s in the midst of one of the largest regeneration programmes in London
Making the headlines at the moment is the huge regeneration happening in the Cricklewood and Brent area. The £7bn investment programme covers 151 hectares and includes creating a sustainable town centre covering both residential and commercial. Key areas include:
- A modernised and extended shopping centre which will include 200 retail and leisure brands, 600 homes, two parks, a hotel, a new cinema complex, a community centre plus new car parks
- Improvements to road infrastructure
- New improved walking and cycling routes
- The creation of a new town. This will include:
- thousands of new homes
- office space for 25,000 people
- improved community facilities and open green spaces such as eight public squares and seven parks offering tennis, football, bouldering, parkour and BMX
- a pedestrian friendly high street offering a mix of shops, cafes and restaurants
- existing schools will be upgraded. For example, Claremont Primary school will be rebuilt and expanded to teach children from nursery age up to year 6, with other additions including onsite sports facilities, forest school and wildlife area and a 24-place Additional Resource Provision for children with autism
- A new Thameslink train station, Brent Cross West, which will link to central London in twelve minutes. This will be opening at some point this year
The revamp of Cricklewood Station
Cricklewood Station has had a bit of a makeover. A colourful model cow in a flowerbed proudly sits outside the entrance, whilst the bright artwork ‘Queen of the Air’ welcomes visitors on the platform in huge letters. This was designed by internationally renowned street artist, Lakwena Maciver and is a touching tribute to the first female aviator Amy Johnson who lived in Cricklewood.
Open green spaces
Embracing the outdoors has become even more important for people post pandemic, and Cricklewood has its fair share of open green spaces to explore. It’s home to the Mapesbury conservation area as well as Mapesbury Dell Park – North London’s best kept secret and award winning – with a pond teeming with wildlife, play area, picnic tables, benches and stunning gardens and lawns to relax in. There’s also a gardening club, the Midsummer Open Air Opera Evening, a Back to School children’s party in September and carol singing at Christmas. Meanwhile, the newly built Claremont Park should be opening this spring, which will include a new children’s playground, a kiosk and public toilets.
Excellent rail links in and out of London
With a very good train line already in place, and Brent Cross West very close to opening which will take travellers to St Pancras, Blackfriars and Farringdon, Cricklewood continues to attract more and more commuters due to its easy access into central London. There are also other tube stations nearby, whilst the A5 sits directly next to Cricklewood offering easy access to the M1.
Cricklewood is well known for its community spirit. At Clitterhouse Playing Fields, the Victorian farm buildings which survived World War II are currently used by Our Yard – a community group founded by local residents who manage a café and community growing garden. There are also food growing initiatives and other projects that benefit people living there.
The local schools have a fantastic reputation, with many awarded ‘good’ or ‘outstanding’ by Ofsted, offering several choices for families.
Local retail and leisure
The local area has some great pubs, boutique shops, independent cafes and excellent shopping facilities such as the Brent Cross shopping centre. Bang Bang Oriental Foodhall is a particular favourite of ours. There’s even a four-star deluxe hotel on your doorstep, the Clayton Crown Hotel, which is ideal for business meetings, enjoying a selection of drinks in their historic pub or even splashing out on an afternoon tea treat with loved ones. So whether it’s night life you are looking for or a delicious breakfast to start your weekend with, there truly is something for everyone.
Two new annual events
To help build community spirit and attract life to the town centre, two new events have been created. The Silk Road Festival, held in September, celebrates Cricklewood’s ethnic diversity with stalls and events serving up international food, art, fashion and music. Whilst WinterFest in November offers festive markets, music and food.
Rising property values and rents
All of these wonderful elements to Cricklewood and its surrounding area will mean property prices and rents continue to rise, offering a superb ROI and capital growth in the future. This means now really is the best time to be purchasing a brand-new apartment or town house at Uniquely Cricklewood – whether to live in permanently or to rent out – as it’s very likely values will continue to rise as the regeneration work progresses over the next few years.
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