Description

Located between Surrey Quays and Deptford, this one bedroom apartment on the 8th floor of Cedarwood Square is part of the exciting new The Timberyard development in SE8 by Lendlease. Overlooking the tranquil communal gardens, this one bedroom apartment c.555 sq ft, comprises a large open plan kitchen living area with direct access to the balcony, double bedroom with built in storage and a stylish bathroom. Being only a stone’s throw from the River Thames and uniquely positioned between the open Continued...

Letting fees

Tenants’ Guide to Charges

johns&co is a member of and covered by the ARLA/Propertymark Client Money Protection Scheme. Johns&co is also a member of a redress scheme provided by The Property Ombudsman.

Permitted Charges in accordance with the Tenant Fee Act 2019

Under the terms of the Tenant Fee Act if you enter into an assured shorthold tenancy, payments which may apply will be as follows:

First month’s rent In advance

Tenancy Deposit 5 or 6 weeks depending upon the rental amount or a Deposit Replacement Insurance Product at a cost equal to 1 week’s rent where offered by the Landlord.

Holding Deposit Maximum one week’s rent

Early termination when requested by the tenant A charge not exceeding the financial loss experience by the landlord

Default charge for late payment of rent Limited to interest charged at 3% above Bank of England base rate, when rent is more than 14 days late

Default charge for replacement of lost key or security device Equivalent to cost incurred

Changing the tenancy documents after the commencement of the tenancy GBP41.67 excl. VAT | GBP50 inc. VAT

Utilities, communication services, TV licence and council tax

A Non Housing Act Tenancy is formed when one of the following criteria is in place:

• The annual rent exceeds GBP100,000
• The property is not used as a main or primary home
• The property is occupied by an entity (Company let) rather that an individual
• There is a Resident Landlord

Please speak with our branch staff if you need clarity on which tenancy might apply in your circumstances.

Under the terms of the Tenant Fee Act if you enter into a non housing act tenancy, payments which may apply will be as follows (exclusive / inclusive of VAT):

Tenancy Setup Fee drafting and execution of tenancy agreement if supplied by us, collecting and holding the Tenancy Deposit as Stakeholder (where applicable), issuing relevant deposit protection certificates (where applicable) GBP300 / GBP360

Check in Fee checking into the property and reviewing inventory Minimum of GBP115.00 / Minimum of GBP138.00

Comprehensive Reference Fee (per person, per company and per guarantor (if required) GBP50 / GBP60

Renewal Administration negotiating and drafting extension to the fixed term GBP150 / GBP180

Change of Sharer – During a fixed term GBP625 / GBP750

Change of Sharer – At Renewal of fixed term GBP250 / GBP300

Early Termination – Deed of Surrender GBP125 / GBP150

Late payment of rent Interest will be charged at 3% above the Bank of England base rate

Please note: The holding deposit can be paid on the Goodlord platform by debit card only. All other monies due must be paid via the Goodlord platform or into johns&co’ client account by direct bank transfer. We are unable to accept cash. We do not accept credit cards.

Property features

  • One bedroom apartment
  • 8th floor, c.555 sq ft
  • Private balcony
  • Tranquil garden views
  • Premium specification
  • National Rail, DLR, Overground and Underground all close by
  • Less than five minutes' walk from the River Thames
  • Zone 2 location close to the City and Canary Wharf
Travel time to work:

  • Surrey Quays - 0.97km, 15 mins walk
    • Overground
  • Deptford - 1.22km, 18 mins walk
    • National Rail
  • South Bermondsey - 1.23km, 18 mins walk
    • National Rail

Rental Yield

Average rental value

£255pw

Average weekly rent of nearby 1 beds.

Annual rental yield

3.3%

Gross yield if rented for the average rent.

Sale price

Average asking price

£415,652

Average asking price of nearby 1 beds.

Value for money

4% cheaper

This property is slightly cheaper than average.

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

Similar properties within 500m

Loading

Marketed by

JOHNS&CO - Canary Wharf
70 Marsh Wall, London, E14 9SL

020 8033 9529

Contact agent