Description

Situated within this iconic portered building, this west facing one bedroom apartment offers a contemporary finish with plenty of natural light. The reception room has floor to ceiling windows, wooden floors and an open plan kitchen. The master bedroom has good storage and there is also a large separate storage / utility cupboard. The Baynards is a well-run building with 24 hour porterage, on-site gym and secure parking. Situated for easy access to both Bayswater and Notting Hill giving access t Continued...

Letting fees

Tenant Charges for Assured Shorthold Tenancies.

Reservation Fee: A reservation fee of 1 weeks rent to reserve a property. Please note: The reservation fee is non-refundable in the event that the applicant fails the right to rent checks, provides false or misleading information, withdraws their application or fails to sign the tenancy agreement within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing). The reservation fee will be put towards the first month's rent at the commencement of the tenancy.

Tenancy Deposit: A refundable Tenancy Deposit (capped at five weeks rent for rent not exceeding 50,000 per annum or six weeks rent if greater)
Rent: 1st months rent (or greater if agreed)
Varying a tenancy: A charge of 50.00 may be levied unless we, as the agent, can demonstrate greater costs were incurred to implement the requested changes to vary, assign or replace a tenancy.
Surrender of Tenancy (covering the landlords costs in reletting the property, all rent outstanding until a new tenant is found (up to the maximum outstanding rent on the tenancy)
Payments in the event of a default: A payment may be required in the event of a default (e.g. Requesting a replacement for a lost key). The amount charged will not exceed the loss suffered by the landlord.
Late payment of rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Tenant Charges for non AST Tenancies.

Administration charge: 250 inc VAT per tenant
Reservation Fee: A reservation fee of 2 weeks rent to reserve the property. The reservation fee will be put towards the first months rent at the commencement of the tenancy.

Tenancy Deposit: A refundable Tenancy Deposit: 6 weeks rent

Rent: 1st months rent (or greater if agreed)
Varying a tenancy: A charge of 50.00 for varying the tenancy agreement.

Surrender of Tenancy (covering the landlords costs in reletting the property & all rent outstanding until a new tenant is found)
Payments in the event of a default: A payment may be required in the event of a default (e.g. Requesting a replacement for a lost key). The amount charged will not exceed the loss suffered by the landlord.
Late payment of rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Check out Fee: In the range of - studio (120 - 132) 1 bed (144 - 156) 2 beds (168 - 204) 3 beds (192 - 204) 4 beds (216 - 228) inc VAT

Client Money Protection (cmp) and Redress scheme
Homesite is a member of and covered by the ARLA/Propertymark Client Money Protection Scheme and a member of a redress scheme provided by The Property Ombudsman

Property features

  • 24 hour portered Building
  • On-Site Gym & Secure Parking
  • West Facing
  • Floor to Ceiling windows
  • Wooden Floors
  • 605 sq ft / 56.2 m2
  • EPC
Travel time to work:

  • Bayswater - 0.51km, 8 mins walk
    • Circle
    • District
  • Royal Oak - 0.57km, 8 mins walk
    • Circle
    • Hammersmith & City
  • Notting Hill Gate - 0.58km, 9 mins walk
    • Central
    • Circle
    • District

Rental Yield

Average rental value

£430pw

Average weekly rent of nearby 1 beds.

Annual rental yield

2.8%

Gross yield if rented for the average rent.

Sale price

Average asking price

£896,323

Average asking price of nearby 1 beds.

Value for money

11% cheaper

This property is 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.

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Marketed by

Homesite
16 Lambton Place, Notting Hill, London, W11 2SH

020 3463 2608

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