Description

***Attention Investors***investors only!Sold with the current tenants in the flat paying £1300 pcm is this spacious two double bedroom first floor flat. The property is ideally situated being just a short walk to major shopping facilities, Wembley Park Jubilee and Metropolitan line stations.

The property benefits from two good size bedrooms, a large reception room, double glazing and gas central heating.

However to really appreciate the size, location and condition an internal viewing is highl Continued...

Letting fees

The first month Rent
Security Deposit equivalent of 5 weeks rent
(Monthly rent x 12 months ÷ 52 weeks x 5 = total) should the annual rent exceed GBP50,000.00 the security deposit will increase to six weeks rent.
Additions or amendments to the Tenancy Agreement (one the tenancy has commenced) shall incur a charge of GBP50 inc VAT per variation.
Where a Tenant loses a key or other security device giving access to the property to which the tenancy relates, the cost of the replacement key or security device and locksmith cost shall be charged to the Tenant and a copy invoice of our costs will be provided.
Late rent payments, paid 14 or more days after the due date, shall incur a fee of 3% plus the Bank of England base rate which shall be calculated to the date of payment.
In the event of early termination by the tenant, the tenant shall be liable for early termination costs including all rent due under the tenancy until the start date of the replacement tenancy and the landlord’s costs in re letting the property.
You will be responsible for costs of all services (where applicable) including gas, electricity, water, telecommunications including broadband, cable and satellite if applicable and council tax. You are also responsible for ensuring that a valid television licence remains in place for the duration of the tenancy.

Smith Melzack Ltd
Is a member of the following:
Client Money Protection Scheme – CM004657
The Property Ombudsman – T00937


Property features

  • Shops and amenities nearby
  • Double glazing
  • Close to public transport
  • Communal Garden
Travel time to work:

  • Wembley Park - 0.78km, 12 mins walk
    • Hammersmith & City
    • Jubilee
    • Metropolitan
  • Preston Road - 1.48km, 22 mins walk
    • National Rail
  • Kingsbury - 1.74km, 26 mins walk
    • Jubilee

Rental Yield

Average rental value

£336pw

Average weekly rent of nearby 2 beds.

Annual rental yield

6.9%

Gross yield if rented for the average rent.

Sale price

Average asking price

£372,010

Average asking price of nearby 2 beds.

Value for money

31% 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

Smith Melzack
15 Grand Parade, Forty Avenue, Wembley, HA9 9JS

020 8115 4340

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