Description

A modern and bright one bedroom flat, on the third floor with lift, of this handsome redbrick period building in Chelsea SW3. The apartment has been recently refurbished, has pretty views to the rear and wooden flooring throughout. Approximately 465 sq ft (43.2 sq m).

EPC EThis well-presented one bedroom apartment has been finished to high standards with an open plan eat-in kitchen/dining/reception room with views over the rear gardens.

The property further offers a double bedroom, bathroom an Continued...

Letting fees

Tenant charges

ASTs
Holding deposits (per tenancy) One week's rent (ASTs only)
Rent
Deposit (if rent is under £50,000 per annum) Equivalent to five week's rent
Deposit (if rent is between £50,000 and £100,000 per annum) Equivalent to six week's rent
Utilities, communication service, council tax and TV Licences
Variation of contract at the tenants request (£50 inclusive of VAT) (ASTs only)
Change of sharer at the tenant's request (£50 inclusive of VAT per replacement tenant or any reasonable costs incurred if higher) (ASTs only)
Early termination at the tenant's request - Should the tenant wish to leave their contract early, they shall be liable to the landlords costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy. (ASTs only)
Unpaid rent/returned payments - Interest will be charged 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.
Lost Keys or other security devices - Tenants are liable for the actual cost of replacing any lost keys or other security devices. If the loss results in locks needing to be changed, the actual cost of the locksmith, new lock and replacement keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inclusive of VAT) for the time taken replacing the lost keys of other security devices.

Non ASTs
Before the tenancy starts:
Holding Deposit (Equivalent to two weeks' rent) (Non ASTs only)
Deposit (Equivalent to six week's rent (unless agreed otherwise)) (Non ASTs only)
Pet deposit (Equivalent to two week's rent in addition to your deposit (as listed above)) (Non ASTs only)
Tenancy Agreement fee (£276 inclusive of VAT) (Non ASTs only)
Reference fee payable by each tenant/guarantor (£48 inclusive of VAT) (Non ASTs only)
Permitted occupant check fee payable by each permitted occupier over the age of 18 (£24 inclusive of VAT) (Non ASTs only)
Bank reference fee (refer to your bank as charges vary) (Non ASTs only)
Stamp Duty (on tenancies that amount to over £125,000) (Non ASTs only)

During the tenancy:
Amendment fee for contract negotiation, amending terms and updating your tenancy agreement during your tenancy (£600 inclusive of VAT) (non ASTs only)
Utilities (gas, electricity, water and telephone)
Council Tax
Television licence
Installation of cable/satellite (if permitted and applicable)
Subscription to cable/satellite supplier
Insurance (for your personal and own contents)
Garden maintenance

Ending your tenancy:
Cleaning of the property
Inventory check-out (Non ASTs only)
Check out arrangement fee (£60 inclusive of VAT) (Non ASTs only)
Dilapidations (as agreed)

Other fees:
Unpaid rent/returned payments (Interest will be charged at 4% above the Bank of England Base Rate from the date due) (Non ASTs only)
Arrears letter charge (£24 per letter sent) (Non ASTs only)

Knight Frank are members of the Property Redress Scheme (Consumer Redress Scheme) and RICS Dispute Resolution Service (Business Redress Scheme) and have Client Money protection with RICS Client Money Protection Scheme.

Property features

  • 1 bedroom
  • 1 reception room
  • 1 bathroom
  • Period
  • Conversion
  • Floorplan 1
Travel time to work:

  • Sloane Square - 0.86km, 13 mins walk
    • Circle
    • District
  • Battersea Park - 1.11km, 17 mins walk
    • National Rail
  • Queenstown Road - 1.35km, 20 mins walk
    • National Rail

Rental Yield

Average rental value

£512pw

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

£860,394

Average asking price of nearby 1 beds.

Value for money

8% 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.

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Marketed by

Knight Frank - Knightsbridge
52-54 Sloane Avenue, Knightsbridge, London, SW3 3DD

020 8022 5649

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