Description

An impressive 2 bedroom 952 sqft ground floor apartment in the heart of the fashionable residential area Marylebone. The apartment is located in a period block with concierge and is moments away from Regents Park and The West End.

Furthermore the block has concierge, the apartment has a spacious reception, big enough for a dining area and lounge, an ensuite shower room and second family shower room. The kitchen is also modern and spacious with high end appliances.

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

  • Porter
  • 2 Bedrooms, 2 Bathrooms
  • Spacious Reception
  • 952 sqft
  • Attractive Block
  • Central Marylebone
  • Closet to Regents Park
  • Close to Oxford Street
  • EPC
Travel time to work:

  • Great Portland Street - 0.44km, 7 mins walk
    • Circle
    • Hammersmith & City
    • Metropolitan
  • Regents Park - 0.46km, 7 mins walk
    • National Rail
  • Oxford Circus - 0.55km, 8 mins walk
    • Bakerloo
    • Central
    • Victoria

Rental Yield

Average rental value

£702pw

Average weekly rent of nearby 2 beds.

Annual rental yield

2.7%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,346,090

Average asking price of nearby 2 beds.

Value for money

1% 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

Chestertons - Hyde Park
40 Connaught Street, London, W2 2AB

020 8115 2461

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