Description

Presenting an opportunity to join 2 x 2 bedroom apartments in the Lincolns (subject to planning permission and license to alter). The apartments have the potential to be opened up at the living room making it into a large 4 bedroom 4 bathroom apartment. This would be subject to planning permission and license to alter.

In the heart of legal and literary London, behind an original Victorian façade is a remarkable new development. The Lincolns is an exclusive collection of 16 handsomely appointed Continued...

Letting fees

Housing act tenancies (AST), all our fees and charges are shown including VAT


General fees and charges


Holding deposit
The equivalent of one week's rent, which will be put towards your first rent due on completion of the tenancy. The rules for how and when we withhold any funds from your holding deposit are set out in our Holding Deposit & ptac advance payments explained.

Any tenancy agreement specially negotiated clauses agreed after the tenancy agreement has been signed.
Up to £50, or for any reasonable costs incurred if these are higher than £50

Traditional deposit: Annual rent less than £50,000
Equivalent to five weeks rent

Traditional deposit: Annual rent £50,000 or more
Equivalent to six weeks rent

Change of sharer
Up to £50 for one new reference and providing a new tenancy agreement, or for any reasonable costs incurred if these are higher than £50.

Early termination
All costs, fees and charges incurred by the landlord for allowing early termination including the agents existing or re-letting fees.

Stamp Duty Land Tax
Payable on tenancies where the rent (for the whole time a tenant stays in the property) exceeds £125,000.

Saturday check-out charge
If the tenant has been offered a weekday appointment but refuses and request a Saturday appointment. Third party charge: Minimum of £120; maximum of £620.


Default fees and charges


Late, unpaid returned rent payments
3% above the base rate of the Bank of England per annum, calculated daily.

Lost keys
Any cost for the replacement of keys, fobs, security devices or associated items which have been lost, damaged or broken.

Non-housing act tenancies (nha), all our fees and charges are shown including VAT

Pre Tenancy Application Charge (ptac)
The equivalent of one week's rent or £600, which will be put towards your first rent due on completion of the tenancy. If you withdraw from the tenancy: Private tenancies a minimum of £300 per person. Company tenancies a minimum of £600.

Tenancy paperwork
£300 per tenancy for contract negotiation and arranging the tenancy

Deed of guarantee
£120 per deed

Company reference checks
£120 per reference

Deposit
Usually equivalent to six weeks rent or if you have a pet this will usually be equivalent to eight weeks.

Withdrawing from the tenancy
Private tenancies a minimum of £300 per person.
Company tenancies a minimum of £600.

Call out services (inc out of hours)
£60 per hour and/or you have to pay the contractors invoice where your actions or lack of actions result in us or a contractor attending the property to remedy the situation.

Last minute cancellation or no cancellation of pre-arrange visits.
£60 per visit and any contractor invoice. If you cancel an appointment less than 24 hours before, or we have arranged to visit your property and we can't gain access

Hourly rate
£60 plus any replacement costs if we or the landlord have to replace any damaged or broken items, or return any fixtures or fittings to their original position, as per the inventory.

Any overseas payment charges
£30 per payment. Unless you ask us to pay monies to a UK bank account instead.

Late/unpaid/returned rent payments
£60 late payment charge and 3% above the base rate of Bank of England per annum, calculated daily.

Change of sharer
£375

Additional sharer
£75 if they change at the same time as the above

Renewal negotiation
£180 for each renewal. If additional referencing is required we'll also charge you £45 per reference.

Any tenancy agreement specially negotiated clauses agreed after the tenancy agreement has been signed.
£180 each time a change is requested and agreed by the landlord

Early termination
All costs, fees and charges incurred by the landlord for allowing early termination including the agent's existing or re-letting fees.

Stamp Duty Land Tax
This tax is payable on tenancies where the rent exceeds £125,000

Property features

  • Balcony
  • Comfort cooling
  • Underfloor heating
  • Day Porter
Travel time to work:

  • Russell Square - 0.59km, 9 mins walk
    • Piccadilly
  • Chancery Lane - 0.70km, 11 mins walk
    • Central
  • Holborn - 0.82km, 12 mins walk
    • Central
    • Piccadilly

Rental Yield

Average rental value

£795pw

Average weekly rent of nearby 4 beds.

Annual rental yield

1.5%

Gross yield if rented for the average rent.

Sale price

Average asking price

£1,455,836

Average asking price of nearby 4 beds.

Value for money

95% 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

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Marketed by

UK Homes Enterprise
276-278 Old Brompton Road, London, SW5 9HR

020 8022 9983

Contact agent