Description

A one bedroom first floor retirement flat offered with no onward chain. The property is situated in a convenient location close to Sainsbury's and public transport.

Front door to Entrance Hall, entryphone point, cloaks cupboard.

Lounge/Dining Room an L shaped room with double glazed window over looking the communal gardens to the rear, electric fire and fireplace, Dimplex electric heater, double doors to Kitchen.

Kitchen fitted in a range of base and eye level units with work surface over, in Continued...

Letting fees

Costs & Fees
You will be required to provide the agreed sum of rent and deposit together with administration and referencing fees in cleared funds [known as the move in balance] before taking possession of the property.

These monies are made up of:

One months rent.
One and a half months x the rent as a deposit [rounded up to the nearest pound]
Tenancy Administration fee £150.00 [£180.00. Inc VAT]
Reference Fee £60.00 [£72.00 inc VAT] for each occupant over the age of 18 and Guarantor if required.
Guarantor Admin £75.00 [£90.00 inc VAT] these monies are also charged for any subsequent renewal.
The up-front administration fee paid prior to your offer being submitted to the Landlord is deducted against the move in balance.

The deposit is required for the full tenancy against loss, damage or charges payable at the termination of the tenancy. Whilst this is usually the equivalent of one and a half month’s rent, it may vary dependent on your circumstances, for instance if you had dog's your Landlord may agree subject to a larger deposit being taken at outset.

The deposit will be held by the Deposit Protection Service [dps], where monies are held in their designated clients account. It is refundable in full at the end of the tenancy subject to final inspection of the property and any monies that may remain outstanding from your Tenancy.

Rent is to be paid monthly in advance and to be cleared funds on the first day of the tenancy and then on the same day each month thereafter. The payment method is by bank standing order, you will incur costs for all other payment methods, for further details please contact our office.

A fee of £100.00 [£120.00 inc VAT] is charged to the tenant for renewal of all tenancies. Guarantors must sign new documentation for each renewal at a cost of £75.00.[£90.00 inc VAT]

There is a check-out fee of £150.00 [£180.00 inc VAT] due at the end of your tenancy.

Property features

  • First floor apartment with lift access
  • Landscaped communal gardens
  • Warden assited
  • Communal seating area
  • Residents parking
  • Double glazed
  • Short walk to amenities
  • No onward chain
  • EPC
  • EPC
Travel time to work:

  • Upper Warlingham - 2.13km, 32 mins walk
    • National Rail
  • Whyteleafe South - 2.14km, 32 mins walk
    • National Rail
  • Whyteleafe - 2.40km, 36 mins walk
    • National Rail

Rental Yield

Average rental value

£205pw

Average weekly rent of nearby 1 beds.

Annual rental yield

5.8%

Gross yield if rented for the average rent.

Sale price

Average asking price

£199,401

Average asking price of nearby 1 beds.

Value for money

7% 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

Park & Bailey
426 Limpsfield Road, Warlingham, CR6 9LA

01883 338178

Contact agent