Description

On the first floor of a sympathetically refurbished former warehouse in the heart of London's Theatreland, this well proportioned two bedroom lateral apartment features generous ceiling heights, a superb specification and beautiful contemporary fittings in an enviable location between the City & West End.

Developed in recent years to an exceptional standard, the high specification includes a contemporary kitchen with Miele appliances, luxurious bathrooms and bespoke joinery. The apartment fea Continued...

Letting fees

New assured shorthold tenancies (ASTs) signed on or after 1 June 2019

Holding Deposit (per tenancy):
One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year):
Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent of £50,000 or over per year):
Six weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid Rent:
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost Key(s) or other Security Device(s):
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant’s Request):
£50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenant’s Request):
£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenant’s Request):
Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy
until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Please ask a member of staff if you have any questions about our fees.

Client money protection:



Independent redress:

Property features

  • Two bedroom apartment
  • Warehouse conversion
  • Two bathrooms
  • Open plan living space
  • High Specification
  • Direct lift access
  • Close to Lincoln's Inn Fields
  • Holborn & Covent Garden Tubes nearby
  • Quiet Street
  • Easy access to both City & West End
Travel time to work:

  • Holborn - 0.21km, 3 mins walk
    • Central
    • Piccadilly
  • Covent Garden - 0.42km, 6 mins walk
    • Piccadilly
  • Tottenham Court Road - 0.59km, 9 mins walk
    • Central
    • Northern

Rental Yield

Average rental value

£800pw

Average weekly rent of nearby 2 beds.

Annual rental yield

3.8%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,111,679

Average asking price of nearby 2 beds.

Value for money

2% 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

Tavistock Bow
31 Long Acre, Covent Garden, London, WC2E 9LA

020 3641 5439

Contact agent