Description

A two-bedroom 14th floor 1,035 sq. Ft. Lateral apartment. The property is offered in great condition, has concierge, manicured private communal gardens, a balcony and fantastic views across West London.

Furthermore it has a spacious 20'8'' x 19' reception room with double height ceilings, a modern kitchen, bathroom and WC.

The Water Gardens is well located with easy access to local amenities. Connaught Village, Edgware Underground Station, Paddington Station and Hyde Park are all nearby. Offered with a long lease - 160 years.

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

  • 14th Floor with Lift
  • 1,035 sq. Ft.
  • Double Height Ceilings in the Reception
  • Balcony with a great view of London
  • Private Communal Gardens
  • Close to Paddington Station & Hyde Park
  • EPC
Travel time to work:

  • Edgware Road - 0.31km, 5 mins walk
    • Bakerloo
    • Circle
    • District
    • Hammersmith & City
  • Marylebone - 0.63km, 9 mins walk
    • Bakerloo
    • National Rail
  • Paddington - 0.64km, 10 mins walk
    • Bakerloo
    • Circle
    • Hammersmith & City
    • National Rail

Rental Yield

Average rental value

£606pw

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

£1,186,210

Average asking price of nearby 2 beds.

Value for money

3% 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

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

020 8115 2461

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