Description

First floor lateral apartment situated on the first floor in this attractive period Victorian building on DruryLane. This first floor apartment enjoys high ceiling throughout with bright double windowed reception room and generous living space retaining some character with exposed brickwork walls. Drury Lane is located in the popular Covent Garden area of London located just east of the Covent Garden Piazza, offering superb links to local restaurants, shopping and theatre as well as being superbly located for London's transport links.

Letting fees

When renting a property, there are various costs that you will need to take into consideration when making an offer.

Below, we have outlined the applicable charges payable when renting a home from Chestertons:

- Tenant administration fee: £222 (inc. VAT) This is payable after your offer has been accepted and we have proceeded to draw up a tenancy agreement.
- Reference fee for each Tenant or Guarantor: £42. This is payable when you have agreed to undergo the independent referencing process. References are carried out by an independent Third Party.
- Renewal administration fee: £96 (inc. VAT). This is payable upon renewal, should you and your landlord mutually agree to renew the tenancy for a further term.
- Inventory charges. In most lets, tenants will be responsible for paying for the inventory check out costs upon ending a tenancy. The cost is approximately £95 - £250 (Plus VAT) dependent on the size of the property. When budgeting prior to your home search, do not forget to also factor in your Tenancy Deposit, which is usually the equivalent of 6 weeks' rent. Tenants will also normally be responsible for paying for a professional clean at the end of the tenancy.

Should you have any queries regarding the charges and costs associated with renting a property, please do not hesitate to contact one of our lettings consultants who shall be happy to explain these in further detail.

Property features

  • Character Building
  • Conveniently Located In The Heart Of London's West End
  • High Ceilings Throughout
  • Contemporary Interiors
  • EPC
Travel time to work:

  • Covent Garden - 0.26km, 4 mins walk
    • Piccadilly
  • Holborn - 0.34km, 5 mins walk
    • Central
    • Piccadilly
  • Leicester Square - 0.54km, 8 mins walk
    • Northern
    • Piccadilly

Rental Yield

Average rental value

£665pw

Average weekly rent of nearby 2 beds.

Annual rental yield

3.0%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,703,360

Average asking price of nearby 2 beds.

Value for money

32% cheaper

This property is 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

Chestertons - Covent Garden
196 Shaftesbury Avenue, Covent Garden, London, WC2H 8JF

020 8115 2504

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