Description

A spacious and flexible, three double bedroom apartment located in this popular purpose built development in central Westminster. This well balanced property has been owned and maintained by the current vendor for over 30 years now and would make an ideal

Letting fees

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
GBP50,000 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
GBP50,000 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 GBP15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract
(Tenant’s Request)
GBP50 (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)
GBP50 (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.

Property features

  • Three Bedrooms
  • Reception
  • Eat In Kitchen
  • Lift Access
  • Central Location
  • Communal Grounds
Travel time to work:

  • Pimlico - 0.55km, 8 mins walk
    • Victoria
  • St. James's Park - 0.60km, 9 mins walk
    • Circle
    • District
  • Westminster - 0.89km, 13 mins walk
    • Circle
    • District
    • Jubilee

Rental Yield

Average rental value

£929pw

Average weekly rent of nearby 3 beds.

Annual rental yield

7.4%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,479,600

Average asking price of nearby 3 beds.

Value for money

56% 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

Winkworth - Pimlico & Westminster
31 Belgrave Road, Pimlico, SW1V 1RB

020 8115 7892

Contact agent