Description

This is a two bedroom, two bathroom apartment on the fifth floor of about 807sq ft inclusive of timber floors, underfloor heating and air cooling.

Combining heritage with contemporary design, 50 Kensington Gardens Square is a new development of 30 beautifully appointed two and three-bedroom apartments, and one penthouse with secure underground parking and 24 hour concierge. The building is located in an attractive garden square, near Hyde Park and Paddington Station with Heathrow Express and Cross Rail from 2020.

Letting fees

Tenancy fees


Standard fees:
We do not charge to register tenants, host viewings or for appointment time with any of our negotiators, however if you decided to progress with renting a property some standard fees will apply. Prices below are correct as of March 2016 but may be subject to change. Harrods Estates is part of the Propertymark Client Money Protection scheme (Ref: C0014853)

Tenancy Agreement Fee: A one off admin fee of £240 (inclusive of 20% VAT) required per property.

Referencing Fee(s): All tenants looking to reside in the property aged 18 or over, or any/all guarantors, will have to pass an independent referencing process and Right to Rent checks, the fee for this is £42 (inclusive of 20% VAT) per person, or per company.

Renewal Agreement Fee: This will be detailed in your contract and applicable only if you choose to renew. The price is currently £240 (inclusive of 20% VAT), valid from 16th March 2016.

Inventory Fees: The Check-In and Make is paid for by the landlord. The tenant is required to approve and sign at the start of the tenancy. The cost of the Inventory Check-Out is the responsibility of the tenant, along with the cost to remedy if there are any discrepancies between the two.

Check Out Fees
Vary depending on the size of the property and the level of furnishing. The below prices are provided as a guide. The actual cost of your check out will be calculated at the time you give notice and may be greater or less than those provided below.

Studio Properties:
Unfurnished £102 (inclusive of 20% VAT). Part Furnished £108 (inclusive of 20% VAT). Furnished £120 (inclusive of 20% VAT)

1 Bed/1 Reception:
Unfurnished £138 (inclusive of 20% VAT). Part Furnished £150 (inclusive of 20% VAT). Furnished £162 (inclusive of 20% VAT).

2 Beds/1Reception:
Unfurnished £150 (inclusive of 20% VAT) Part Furnished £162 (inclusive of 20% VAT). Furnished £180 (inclusive of 20% VAT).

3 Beds/1Bath/2 Receptions:
Unfurnished £198 (inclusive of 20% VAT). Part Furnished £210 (inclusive of 20% VAT) Furnished £228 (inclusive of 20% VAT).

4 Beds/2 Bath/2 Receptions:
Unfurnished £216 (inclusive of 20% VAT). Part Furnished £228 (inclusive of 20% VAT). Furnished £252 (inclusive of 20% VAT).

5 Beds/2-3 Baths/2 Receptions:
Unfurnished £226 (inclusive of 20% VAT). Part Furnished £240 (inclusive of 20% VAT). Furnished £270 (inclusive of 20% VAT).

Prices include one bathroom and one en suite bathroom unless otherwise stated. Cellars, garages, utility rooms are not included in standard prices.

Potential Additional Inventory Fees:
Surplus fees may be required in certain circumstances, these are listed below.

Heavily furnished properties require additional inspection time and records, charged from £24 to £48 (inclusive of 20% VAT).
Periodic property inspections from £30 (inclusive of 20% VAT) per visit - depending on the agents requirements
Cancelled appointments (within 4 hours) will be charged at £54 (inclusive of 20% VAT).
Sunday/Bank Holiday £42 (inclusive of 20% VAT).
Properties within the congestion charge zone will be subject to an additional £12 charge per visit (inclusive of 20% VAT).
Additional rooms to be charged at £15 per room for an Inspection Make and £9 per room for a Check In/Out (each inclusive of 20% VAT).
VAT stands for Value Added Tax.

Property features

  • Two Bedrooms
  • Two Bathrooms
  • Balcony
  • Underground Parking
  • New
  • Concierge
Travel time to work:

  • Royal Oak - 0.37km, 6 mins walk
    • Circle
    • Hammersmith & City
  • Bayswater - 0.40km, 6 mins walk
    • Circle
    • District
  • Queensway - 0.58km, 9 mins walk
    • Central

Rental Yield

Average rental value

£728pw

Average weekly rent of nearby 2 beds.

Annual rental yield

1.8%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,898,300

Average asking price of nearby 2 beds.

Value for money

9% 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

Harrods Estates
61 Park Lane, Mayfair,, W1K 1QF

020 3641 8153

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