Description

A great opportunity to buy a two bedroom first floor flat in a white stucco building in a prime location on Clifton Villas overlooking Clifton Nurseries from the well proportioned reception, with high ceilings and two double bedrooms to the back of the property, a separate kitchen, and family bathroom, all with scope to do cosmetic works to create a personal finish. Other benefits include a demised separate storage room opposite the entrance to the apartment and a share of freehold.

TenureShare 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

  • Share of Freehold
  • Refurbishment opportunity
  • Two bedrooms
  • Ideal Location
  • High Ceilings
Travel time to work:

  • Warwick Avenue - 0.16km, 2 mins walk
    • Bakerloo
  • Royal Oak - 0.56km, 8 mins walk
    • Circle
    • Hammersmith & City
  • Maida Vale - 0.80km, 12 mins walk
    • Bakerloo

Rental Yield

Average rental value

£589pw

Average weekly rent of nearby 2 beds.

Annual rental yield

3.1%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,041,240

Average asking price of nearby 2 beds.

Value for money

6% 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

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

020 8115 7536

Contact agent