Description

Ground floor entrance hall storage bathroom bedroom 12' 9" x 7' 8" (3.89m x 2.34m)reception room/kitchen 19' 1" x 11' 6" (5.82m x 3.51m)garden

Letting fees

Reservation fee


We will ask you to pay a reservation fee of one week’s rent which should be paid by debit card for which there is no charge, (if you wish to use a credit card, there will be a surcharge of 3% added). A receipt will be issued which stipulates that this is non-refundable if the references are not acceptable. If the tenancy goes ahead, this amount will be credited to your account.

References


These will be taken up by a credit reference agency on our behalf. An online reference form will be emailed to each tenant to complete as soon as possible. There is a charge of £45 (excl VAT) for each tenant reference. Where a Guarantor is required an additional fee of £45 (excl VAT) will also be due. If the tenant is a Company the charge will be £60 (excl VAT).

Signing the agreement


Once the references have been approved, the Tenancy Agreement will need to be signed and the balance of monies due will need to be paid (less any holding deposit already paid). Two forms of id will also be required for each tenant i.e.: A copy of a passport or photo driving licence plus a copy of a utility bill or bank statement. You will also need to provide a copy of your Visa if you are not a permanent UK resident. The rent payable is one calendar month in advance and the deposit is equivalent to six weeks rent. You should pay this by debit card, credit card (this will attract a 3% surcharge of the total amount) or bank transfer at least 5 working days in advance of your moving in date.

Administration fees


There is an administration fee of £165 (excl VAT) and we require this to be paid at the same time as signing the agreement. A fee of £100 (excl VAT) will be charged if your tenancy is renewed. You will also be liable to pay the inventory check out charge at the end of the tenancy the cost of this is £125 (excl VAT) for a studio/1 bedroom property, there will be an additional charge of £25 (excl VAT) for every extra bedroom greater than one.
Should you wish to terminate your tenancy before the end of the term and the landlord agrees that you can terminate early, you will be responsible for the repayment of the pro-rata commission due by the landlord for the unexpired portion of the tenancy, unless you are exercising a break clause which is contained in your tenancy agreement.
It is your obligation to obtain written consent from the landlord for any change of tenant. Upon receipt of this consent, Courtenay will draw up a tenancy agreement for signature by all parties. An administration fee of £125 (excl VAT) will be charged for this service.

Rent


Rent is payable calendar monthly by standing order. We will supply you with a standing order form containing our bank details and your personal reference no. To quote with any payments you make to us. You will then need to contact your bank to set up the standing order. An administration fee of £35 (excl VAT) will be charged for each letter sent by Courtenay regarding late or non-payment of rent or administration charges.

Moving in


We will arrange a time for the inventory clerk (or Landlord in some cases) to check you into the property. He will go through the inventory with you, take all meter readings and hand over the keys. If there are any comments you wish to make, please advise us in writing within seven days. Inventory clerks work Monday to Saturday.

Renewal of tenancy


Please contact us in advance if you wish to extend your tenancy. If the tenancy is renewed, we will make an administration charge of £100 (excl VAT).

Property features

  • Ground floor
  • Reception room with open plan kitchen
  • Double bedroom
  • Bathroom with shower
  • Direct access to patio
  • Communal gardens
  • Chain free
  • Stockwell underground station
  • Oval underground station
  • Ideal for investor or first time buyer
Travel time to work:

  • Stockwell - 0.58km, 9 mins walk
    • Northern
    • Victoria
  • Oval - 0.81km, 12 mins walk
    • Northern
  • Loughborough Junction - 1.21km, 18 mins walk
    • National Rail

Rental Yield

Average rental value

£284pw

Average weekly rent of nearby 1 beds.

Annual rental yield

4.6%

Gross yield if rented for the average rent.

Sale price

Average asking price

£366,993

Average asking price of nearby 1 beds.

Value for money

13% 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

Courtenay
174 Lavender Hill, Battersea, London, SW11 5TG

020 3463 2537

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