Description

A stunning new detached bungalow is offered to market exclusively with Townends Estate Agents.

This property is freehold and comes chain free with vacant possession, boasting underfloor heating and marble flooring throughout, two double bedrooms, three-piece bathroom suite, additional separate WC, large living/dining space with open plan fitted kitchen.

Located on this lovely horseshoe road with fantastic transport links nearby, this bungalow is not to be missed!Norwood Junction Station is loc Continued...

Letting fees

Preliminary Payment (Holding Deposit)
Once you have found a property and your offer has been accepted by the landlord, we will require a Preliminary Payment (Holding Deposit)
Between 500.00-1,000.00 (depending on the value of the property), deducted from your final completion monies.
Standard Fees
Administration fees
We handle all the paperwork and provide a tenancy agreement for you and your landlord to sign. The fee is based on the size of the property, the number of tenants and rental value:
Up to 1,500.00 pcm:600.00 per tenancy
Up to 2,00.000 pcm: 660.00 per tenancy
Over 2,000.00 pcm: Poa per tenancy
References
Includes an employers reference to confirm your income to rent ratio for affordability, a credit history check, confirmation of residency and a previous landlords reference (if applicable).
60.00 per person

Initial Move in Monies
All the initial move in monies and will need to be paid in cleared funds to us 3 days prior to move in.
Security Deposit
The deposit will be protected as part of the tenancy deposit regulations; we use the industry renowned my|deposits. 6 weeks rent prior to moving into the property, this will be refunded to you at the end of the tenancy minus any deductions, if applicable.
Inventory Check In procedure
A convenient time will be arranged for you to meet with the inventory clerk to formally check you into the property. Prices vary according to the size of the property.
Studio: 125.00
1 Bedroom: 145.00
2 Bedrooms: 155.00
3 Bedrooms: 175.00
4 Bedrooms: 190.00
5 Bedrooms: 210.00

Other fees that may apply
Express Administration
Within 5 working days or less
120.00
Abortive appointment
In the event that an appointment has been booked with you and you fail to be present at the agreed times without prior notification to us.
85.00
Renewing a tenancy
120.00 administration fee per tenancy
Credit check at renewal
In some circumstances, it may be a pre agreed requirement for a new credit check to be obtained at the point of renewal.
60.00 per person
Landlord references
If you decide to move on and require for us to provide you with a reference to your new agent or landlord.
30.00
Tenancy Swap Fees
Administration: Covering contract negotiation, amending terms, updating the tenancy agreement during the tenancy and immigration and visa confirmation.
300.00 per tenancy
Referencing: Referencing the new occupant, including identity, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability
60 per tenancy
Note: All prices quoted are inclusive of VAT at 20%.

If you have any questions regarding our fees please feel free to ask a member of staff.


Property features

  • Detached bungalow
  • Newly renovated
  • Two bedrooms
  • No chain
  • Private patio
  • Close to Norwood Junction train station
Travel time to work:

  • Norwood Junction - 0.77km, 12 mins walk
    • Overground
  • Birkbeck - 0.87km, 13 mins walk
    • National Rail
  • Anerley - 1.13km, 17 mins walk
    • Overground

Rental Yield

Average rental value

£299pw

Average weekly rent of nearby 2 beds.

Annual rental yield

3.9%

Gross yield if rented for the average rent.

Sale price

Average asking price

£369,370

Average asking price of nearby 2 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

Townends - South Norwood
11 High Street, South Norwood, SE25 6EZ

020 3463 0383

Contact agent