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For Sale Royal Cresent, Newbury Park, IG2 Guide Price £300,000

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2 BEDROOM GROUND FLOOR FLAT

MODERN DEVELOPMENT

ALLOCATED PARKING

LONG LEASE

NO ONWARD CHAIN

RENTAL INCOME POTENTIAL OF £1800.00 PCM

WALKING DISTANCE TO NEWBURY PARK STATION

EPC Rating C

Council Tax Band C

Leasehold

Hansons Estates are pleased to offer this well presented two bedroom ground floor purpose built flat. The property benefits from having two double bedrooms, a modern kitchen, a modern bathroom and a separate lounge. The current owners are offering this property with no onward chain. We feel that this would make an ideal first time buyers home or an ideal investment purchase with a rental income potential of £1800.00 per calendar month. The property is located within a SIX MINUTE walk of Newbury Park station allowing for easy access into Central London and the City.

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EPC for Royal Cresent, Newbury Park, IG2

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Current Potential

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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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 £50,000 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 £50,000 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. Replacement keys a charge of £20.00 (inc. VAT) is applied. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant’s Request)
£50 (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)
£50 (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.

CLIENT MONEY PROTECTION - www.propertymark.co.uk

INDEPENDENT REDRESS - www.tpos.co.uk