Description

Newly refurbished second floor apartment in the heart of Soho with south facing balcony and views over St Anne's Church gardens. This charming property offers flexible accommodation with the possibility of being used either as a large one bedroom with separate kitchen/breakfast room or as a two bedroom. The property has a long lease and forms the part of a purpose built block which has 6 flats in it. Old Compton Street is very historical. You are right in the heart of Soho with its artistic scen Continued...

Letting fees

When renting a property, there are various costs that you will need to take into consideration when making an offer.

Below, we have outlined the applicable charges payable when renting a home from Chestertons:

- Tenant administration fee: £222 (inc. VAT) This is payable after your offer has been accepted and we have proceeded to draw up a tenancy agreement.
- Reference fee for each Tenant or Guarantor: £42. This is payable when you have agreed to undergo the independent referencing process. References are carried out by an independent Third Party.
- Renewal administration fee: £96 (inc. VAT). This is payable upon renewal, should you and your landlord mutually agree to renew the tenancy for a further term.
- Inventory charges. In most lets, tenants will be responsible for paying for the inventory check out costs upon ending a tenancy. The cost is approximately £95 - £250 (Plus VAT) dependent on the size of the property. When budgeting prior to your home search, do not forget to also factor in your Tenancy Deposit, which is usually the equivalent of 6 weeks' rent. Tenants will also normally be responsible for paying for a professional clean at the end of the tenancy.

Should you have any queries regarding the charges and costs associated with renting a property, please do not hesitate to contact one of our lettings consultants who shall be happy to explain these in further detail.

Property features

  • Lease Remaining 124 Years
  • Newly Refurbished
  • Outside Space
  • Small Block / Low Outgoings
  • EPC
Travel time to work:

  • Leicester Square - 0.32km, 5 mins walk
    • Northern
    • Piccadilly
  • Piccadilly Circus - 0.33km, 5 mins walk
    • Bakerloo
    • Piccadilly
  • Tottenham Court Road - 0.41km, 6 mins walk
    • Central
    • Northern

Rental Yield

Average rental value

£614pw

Average weekly rent of nearby 1 beds.

Annual rental yield

4.3%

Gross yield if rented for the average rent.

Sale price

Average asking price

£688,846

Average asking price of nearby 1 beds.

Value for money

8% more expensive

This property is slightly more expensive 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

Chestertons - Covent Garden
196 Shaftesbury Avenue, Covent Garden, London, WC2H 8JF

020 8115 2504

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