A rare opportunity to purchase one of the few suite apartments in West Hampstead Square with a balcony. This apartment provides approximately 450 sq ft arranged to provide entrance, living area, equipped kitchen, bedroom area and bathroom. The apartment features oak herringbone parquet flooring and marble worktops. The apartment is also served by a sophisticated heating and cooling system and comes with all of the fantastic residents' amenities including 24 hour concierge, CCTV, lift access, resident's gym, fitness studio, sauna and steam room. All of the shops, cafes, restaurants and bars of West End Lane are just yards away, while both underground and overground stations are right on the doorstep. Continued...
Tenants’ Guide to Charges
johns&co is a member of and covered by the ARLA/Propertymark Client Money Protection Scheme. Johns&co is also a member of a redress scheme provided by The Property Ombudsman.
Permitted Charges in accordance with the Tenant Fee Act 2019
Under the terms of the Tenant Fee Act if you enter into an assured shorthold tenancy, payments which may apply will be as follows:
First month’s rent In advance
Tenancy Deposit 5 or 6 weeks depending upon the rental amount or a Deposit Replacement Insurance Product at a cost equal to 1 week’s rent where offered by the Landlord.
Holding Deposit Maximum one week’s rent
Early termination when requested by the tenant A charge not exceeding the financial loss experience by the landlord
Default charge for late payment of rent Limited to interest charged at 3% above Bank of England base rate, when rent is more than 14 days late
Default charge for replacement of lost key or security device Equivalent to cost incurred
Changing the tenancy documents after the commencement of the tenancy GBP41.67 excl. VAT | GBP50 inc. VAT
Utilities, communication services, TV licence and council tax
A Non Housing Act Tenancy is formed when one of the following criteria is in place:
• The annual rent exceeds GBP100,000
• The property is not used as a main or primary home
• The property is occupied by an entity (Company let) rather that an individual
• There is a Resident Landlord
Please speak with our branch staff if you need clarity on which tenancy might apply in your circumstances.
Under the terms of the Tenant Fee Act if you enter into a non housing act tenancy, payments which may apply will be as follows (exclusive / inclusive of VAT):
Tenancy Setup Fee drafting and execution of tenancy agreement if supplied by us, collecting and holding the Tenancy Deposit as Stakeholder (where applicable), issuing relevant deposit protection certificates (where applicable) GBP300 / GBP360
Check in Fee checking into the property and reviewing inventory Minimum of GBP115.00 / Minimum of GBP138.00
Comprehensive Reference Fee (per person, per company and per guarantor (if required) GBP50 / GBP60
Renewal Administration negotiating and drafting extension to the fixed term GBP150 / GBP180
Change of Sharer – During a fixed term GBP625 / GBP750
Change of Sharer – At Renewal of fixed term GBP250 / GBP300
Early Termination – Deed of Surrender GBP125 / GBP150
Late payment of rent Interest will be charged at 3% above the Bank of England base rate
Please note: The holding deposit can be paid on the Goodlord platform by debit card only. All other monies due must be paid via the Goodlord platform or into johns&co’ client account by direct bank transfer. We are unable to accept cash. We do not accept credit cards.
Average weekly rent of nearby studios.
Gross yield if rented for the average rent.
Property prices in this area have increased at this rate per year over the last 5 years.
If historic price growth continues, this property could be worth this much in 5 years.
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