Description

A lovely bright one bedroom first floor flat with southwest facing balcony set within a period building on Warwick Avenue ideally positioned close to Formosa street and Warwick Avenue tube. The apartment comprises of reception, with floor to ceiling windows, and open plan kitchen leading to the balcony large enough for a table and chairs, a good sized double bedroom looking out on to gardens at the back of the building, and recently refurbished bathroom. The flat also benefits from high ceilings Continued...

Letting fees

Holding Deposit: Equivalent to one weeks which is put towards your first rent which is due on completion of the tenancy. Should the landlord pull out of the tenancy prior to the contracts being signed then the holding deposit amount will be returned to the in full.

Security Deposit: Equivalent to five weeks rent which is lodged in a deposit protection scheme. The deposit is payable before contracts have been signed.

Lost keys/fobs: Cost of replacement

Change of tenant (during tenancy): £50 plus VAT (£60 inc. VAT)

Late, Unpaid & Returned rent payments: 3% above the base rate of Bank of England per annum, calculated daily.

Early Termination: All costs, fees and charges incurred by the landlord for allowing early termination including the agents existing or re-letting fees.


Property features

  • One Bed
  • Share of Freehold
  • Balcony
  • Refurbished
  • Ideal location
Travel time to work:

  • Warwick Avenue - 0.31km, 5 mins walk
    • Bakerloo
  • Maida Vale - 0.62km, 9 mins walk
    • Bakerloo
  • Royal Oak - 0.70km, 11 mins walk
    • Circle
    • Hammersmith & City

Rental Yield

Average rental value

£313pw

Average weekly rent of nearby 1 beds.

Annual rental yield

2.9%

Gross yield if rented for the average rent.

Sale price

Average asking price

£528,828

Average asking price of nearby 1 beds.

Value for money

7% 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

Braithwait - Little Venice
44 Formosa Street, Maida Vale, London, W9 2JP

020 8115 7536

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