Description

Ian Gibbs are proud to be marketing this spacious and rare 2 bedroom retirement apartment located on the Cockfosters Parade with multiple shops, facilities and Tube Station. The property is located on the top floor and benefits from a separate kitchen, communal lounge and is chain free.

The property is entered through a communal electrically opening door with telephone entry system and house manager office in the lobby.

Communal hallway On the ground floor there is a guest suite located at the Continued...

Letting fees

In addition to the rental price of the property, the following fees are applicable. These fees are all inclusive of V.A.T.

Fees applicable to tenancies signed prior to 1st June 2019

· Contract renewal fee - £72

· Checkout fee - £100

fees applicable to tenancies signed on or after 1st June 2019

Before the tenancy starts:

· Holding Deposit: 1 week’s rent

· Deposit: 5 weeks’ rent

During the tenancy:

· Payments to other third parties: Such as Council Tax, utilities or payments for communications services

· Default Charges: Such as payment for the replacement of lost keys, fobs or permits.

· Payment of £50 if you want to change the tenancy agreement.

· Payment of interest for the late payment of rent at a rate of 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

· Payment of any unpaid rent or other reasonable costs associated with the early termination of the tenancy.

Tenant Protection

Ian Gibbs is a member of the RICS Money Protection Scheme and the Property Ombudsman redress scheme. You can find out more details on the agent’s website or by contacting the agent directly.


Property features

  • Garden
  • Car parking
  • Furnished
  • Spacious
  • Double glazing
Travel time to work:

  • Cockfosters - 0.54km, 8 mins walk
    • Piccadilly
  • Oakwood - 1.03km, 15 mins walk
    • Piccadilly
  • Oakleigh Park - 1.73km, 26 mins walk
    • National Rail

Rental Yield

Average rental value

£342pw

Average weekly rent of nearby 2 beds.

Annual rental yield

4.7%

Gross yield if rented for the average rent.

Sale price

Average asking price

£405,206

Average asking price of nearby 2 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

Ian Gibbs
49/51 Windmill Hill, Enfield, EN2 7AE

020 3641 4220

Contact agent