Description

A stunningly presented two-bedroom apartment with its own patio garden.

The property comprises an open plan kitchen/ reception room, a double bedroom, second bedroom and shower room, all beautifully renovated to a high standard.

Longmead House is 0.5 miles to West Norwood High Street which benefits from various local amenities such as Picturehouse Cinema, Better gym and an overground station.

Letting fees

Preliminary Payment (Holding Deposit)
Once you have found a property and your offer has been accepted by the landlord, we will require a Preliminary Payment (Holding Deposit)
Between 500.00-1,000.00 (depending on the value of the property), deducted from your final completion monies.
Standard Fees
Administration fees
We handle all the paperwork and provide a tenancy agreement for you and your landlord to sign. The fee is based on the size of the property, the number of tenants and rental value:
Up to 1,500.00 pcm:600.00 per tenancy
Up to 2,00.000 pcm: 660.00 per tenancy
Over 2,000.00 pcm: Poa per tenancy
References
Includes an employers reference to confirm your income to rent ratio for affordability, a credit history check, confirmation of residency and a previous landlords reference (if applicable).
60.00 per person

Initial Move in Monies
All the initial move in monies and will need to be paid in cleared funds to us 3 days prior to move in.
Security Deposit
The deposit will be protected as part of the tenancy deposit regulations; we use the industry renowned my|deposits. 6 weeks rent prior to moving into the property, this will be refunded to you at the end of the tenancy minus any deductions, if applicable.
Inventory Check In procedure
A convenient time will be arranged for you to meet with the inventory clerk to formally check you into the property. Prices vary according to the size of the property.
Studio: 125.00
1 Bedroom: 145.00
2 Bedrooms: 155.00
3 Bedrooms: 175.00
4 Bedrooms: 190.00
5 Bedrooms: 210.00

Other fees that may apply
Express Administration
Within 5 working days or less
120.00
Abortive appointment
In the event that an appointment has been booked with you and you fail to be present at the agreed times without prior notification to us.
85.00
Renewing a tenancy
120.00 administration fee per tenancy
Credit check at renewal
In some circumstances, it may be a pre agreed requirement for a new credit check to be obtained at the point of renewal.
60.00 per person
Landlord references
If you decide to move on and require for us to provide you with a reference to your new agent or landlord.
30.00
Tenancy Swap Fees
Administration: Covering contract negotiation, amending terms, updating the tenancy agreement during the tenancy and immigration and visa confirmation.
300.00 per tenancy
Referencing: Referencing the new occupant, including identity, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability
60 per tenancy
Note: All prices quoted are inclusive of VAT at 20%.

If you have any questions regarding our fees please feel free to ask a member of staff.


Property features

  • Two double bedrooms
  • Roof terrace
  • Open plan kitchen/reception
  • 0.5 miles to West Norwood station
  • EPC
Travel time to work:

  • West Norwood - 0.79km, 12 mins walk
    • National Rail
  • Gipsy Hill - 1.08km, 16 mins walk
    • National Rail
  • Sydenham Hill - 1.60km, 24 mins walk
    • National Rail

Rental Yield

Average rental value

£326pw

Average weekly rent of nearby 2 beds.

Annual rental yield

5.4%

Gross yield if rented for the average rent.

Sale price

Average asking price

£408,477

Average asking price of nearby 2 beds.

Value for money

23% 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

Townends - Streatham
5 - 7 Streatleigh Parade, Streatham High Road, Streatham, SW16 1EQ

020 3463 0373

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