Description

A refurbished and contemporary 3 bedroom, 2 bathroom third floor apartment in this purpose built red brick building, offering light and spacious accommodation.

Clarewood Court offers the advantages of lifts and a Porter and is located a short walk from Marylebone High Street, Regents Park and Hyde Park.

Excellent Transport links are close by at Baker Street, Marylebone and Marble Arch.

There is a 54 year lease on the property and the Vendor advises the Service Charge is circa £7,500 per annum (includes heating and hot water costs).

Letting fees

The following fees may apply:
In addition to paying rent, you may also be required to make the following permitted payments

Before the tenancy starts, payable to the principal agent:
Holding deposit - a sum equivalent to one weeks rent

Deposit: A sum equivalent of 5 weeks rent if the annual rental figure is under
£50,000or a sum equivalent to 6 weeks rent if the rent is over £50,000 per annum

During the Tenancy payable to the principal agent:
Payment of £50 if you wish to make any variation to an existing Tenancy Agreement

Payment of Interest due in the event of late payment of rent at a rate of 3% above the Bank of England Base rate

The cost of a replacement key or security device

Payment of unpaid rent or other reasonable costs associated with an early
termination of your Tenancy limited to the loss suffered by the Landlord as a result of such early termination

During the Tenancy payable to the relevant Provider:
Communications - Telephone, Broadband

Installation of any Satellite or Cable TV as may be required

Subscription to Cable/ Satellite provider

Television Licence

Council Tax

Utilities - Gas

Water

Electricity

Other Permitted Payments:
Any other payments not included above but allowed under the relevant legislation

Tenants Protection:
The principal agent is a member of cmp (Client Money Protect) which is a Client Money Protection Scheme and also a Member of prs (Property Redress Scheme) which is a redress scheme.

Property features

  • 3 bedrooms
  • 2 shower rooms
  • Reception room
  • Dining room
  • Kitchen
  • Lift
  • Porter
  • EPC
Travel time to work:

  • Edgware Road - 0.38km, 6 mins walk
    • Bakerloo
    • Circle
    • District
    • Hammersmith & City
  • Marylebone - 0.39km, 6 mins walk
    • Bakerloo
    • National Rail
  • Baker Street - 0.59km, 9 mins walk
    • Bakerloo
    • Hammersmith & City
    • Jubilee
    • Metropolitan

Rental Yield

Average rental value

£1,082pw

Average weekly rent of nearby 3 beds.

Annual rental yield

3.5%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,441,420

Average asking price of nearby 3 beds.

Value for money

11% more expensive

This property is more expensive 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.

Similar properties within 500m

Loading

Marketed by

McGlashans Property Services
107 Crawford Street, Marylebone, London, W1H 2JA

020 3641 5395

Contact agent