*virtual tour available*A modern apartment situated in the sought after Stratosphere Tower by Telford Homes. This 20th floor apartment benefits from 806 sq.
ft* of internal space, and has plenty of space and light with floor to ceiling windows.
Offering views towards Canary Wharf, The City and Queen Elizabeth Olympic Park. Residents will also benefit from access to a 24 hour concierge service, private residents' roof-top gymnasium, Wi-Fi lounge and terrace, along with easy access to the world renowned 2012 Olympic Park.
Direct transport links servicing The City, Canary Wharf and the West End are readily accessible.
Landlord Fees & Charges
Please see below fees and charges associated with the Letting and Management your property. For further information please contact your local Fraser & Co office branch and request a copy of our Term of Business.
(All fees and charges are shown inclusive of VAT)
Service & Commission
Sole Agency: 9.6%
Sole Agency: 12.2%
letting service, rent collection and full managment
Sole Agency: 15.6%
set-up fee: 300.00
This charge will be applicable to all of the above services;
Arranging professional photos and Virtual reality tours of the property
Extensive advertising on our official website & online portals, including Rightmove, Zoopla, On The Market, Facebook, Instagram, Twitter & LinkedIn
Arrange and accompany prospective tenants on property viewings
Negotiating terms with prospective tenants
Tenant Right to Rent checks
Arranging referencing of tenants via a 3rd party referencing company including credit checks
Administrative fee for arrangement of paperwork
Arranging EPCs and floor plans (if required or once expired every 10 years)
For more information on what our services include, please see below:
Lettings service only:
Introduction of prospective tenant
Discuss local market conditions
Advise on preparing your property for letting
Put up a 'To let' board, if applicable
Discuss renewal or termination with you before the end of the tenancy
Recommend improvements to the property which would increase the rental potential
lettings & rent collection:
Letting service as detailed above
Chasing rental arrears
Additional charges, if applicable:
Check in inventory: 100.00 - 280.00 (dependant on property size)
professional cleans (If required. To be deducted from first months' rent): 150.00 - 350.00 (dependant on property size)
renewal negotiation and documentation: 100.00
serving of section 21 notices: 70.00
deed of surrender: 75.00
abortive letting administration fee: 200.00 (applicable if landlord withdraws instruction after accepting offer and through no fault of the agent)
handover/ snagging: 250.00
vacant period property visits: 20.00 - 60.00 (per visit, dependant on distance. A float of 120.00 is required)
Additional Charges, if applicable, for Managed Properties only:
Registering of deposit with TDS: 30.00
check out inventory: 100.00 - 280.00 (dependant on property size)
application of hmo/selective licencing (if applicable):400.00
attendance to court hearings on landlord's behalf: 250.00
annual gas safety inspections (if applicable): 100.00 - 120.00
legionnaire & pat testing: 250.00
property inspection (carried out biannually): 90.00 (per inspection)
copy of tax year statement: 90.00
accompanying landlords contractor visits: 60.00 (per hour, including travel)
*please note: Fees are expressed as a percentage of the agreed rent for the entire period of the tenancy. Fees are usually taken in advance from the rental monies based on the agreed terms. Fees are also payable at the same percentage on any renewals, extensions or periods of holding over. Please refer to our Terms of Business for further information.
Residential Tenant Fees
full breakdown of tenant fees aggreed after the 1st June:
Permitted charges in accordance with the tenant fee act 2019
Under the terms of the Tenant Fee Act if you enter into an assured shorthold tenancy, payments which may apply will be as follows:
First months rent: In advance
tenancy deposit (annual rent less than 50,000): Equivalent to five weeks rent
tenancy deposit (annual rent of 50,000 or more): Equivalent to six weeks rent
holding deposit: Equivalent of one weeks rent
early termination when requested by the tenant: A charge not exceeding the financial loss experienced by the landlord
utilities, communication services, TV licence and council tax: To be covered by the tenants from the start of the tenancy
default charge for late payment of rent: Limited to interest charge at 3% above Bank of England base rate, when rent is more than 14 days late
default charge for replacement of lost key or security device: Equivalent to cost incurred
changing the tenancy documents after the commencement of tenancy: Up to 50 for one new reference and providing a new tenancy agreement or for drawing up a variation document at the request of a tenant, or for any reasonable costs incurred if these are higher than 50
non-housing act tenancies (nha)
A Non-Housing Act Tenancy is formed when one of the following criteria is in place:
The annual rent exceeds 100,000
The property is occupied by an entity (Company let) rather that an individual
The property is not used as a main or primary home
There is a Resident Landlord
If you are in any doubt as to the type of tenancy which will apply to you, please speak to our branch staff
pre-tenancy application charge (ptac):
Tenancy paperwork: 300 per tenancy for contract negotiation and arranging the tenancy
deed of guarantee: 100 per deed
company reference checks: 75 per reference
deposit: Usually equivalent to six weeks rent or if you have a pet this will usually be equivalent to eight weeks.
Withdrawing from the tenancy: Private tenancies minimum of 2 weeks rent Company tenancies minimum of 2 weeks rent
call out services (inc out of hours): 75 per hour and/or youll have to pay the contractors invoice where your actions or lack of actions result in us or a contractor attending the property to remedy the situation.
Last minute cancellation or no cancellation of pre-arrange visits: 75 per visit and any contractor invoice. If you cancel an appointment less than 24 hours before, or we have arranged to visit your property and we cant gain access.
Hourly rate: 75 plus any replacement costs if we or the landlord have to replace any damaged or broken items, or return any fixtures or fittings to their original position, as per the inventory.
Any overseas payment charges: 18 per payment. Unless you ask us to pay monies to a UK bank account instead.
Late/unpaid/returned rent payments: 100 late payment charge and 3% above the base rate of Bank of England per annum, calculated daily.
Change of sharer: 100
additional sharer: 100 if they change at the same time as the above
renewal negotiation: 150 for each renewal. If additional referencing is required, well also charge you 45 per reference.
Any tenancy agreement specially negotiated clauses agreed after the tenancy agreement has been signed: 75 each time a change is requested and agreed by the landlord
early termination: All costs, fees and charges incurred by the landlord for allowing early termination including the agents existing or re-letting fees.
Stamp duty land tax: This tax is payable on tenancies where the rent exceeds 125,000
Please visit our website for fees explained: