1-bedroom flat · MK18 1HE
To rentListed 59 days · slow let
Opportunity summary
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About
A furnished studio apartment situated in the town centre and within A short walking distance to the university. The building consists of ten studio apartments each with their own en-suite shower room.
The accommodation comprises living/study room with exclusive use of own fridge with freezer box, stairs leading to mezzanine area.
Fully furnished with access to a shared fitted kitchen with two other studios and comes complete with washing machine, tumble dryer, microwave, electric oven & hob. Suitable for single occupancy.
Available beginning September . Council tax band B. A Holding deposit of £160.38 Is required to reserve this property (based on the advertised rent). Deposit payable: £801.92.
Minimum tenancy term: 12 months. New assured periodictenancies (APTs) signed on or after 1 June 2019 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.
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: Propertymark C0133149 independent redress: The Property Ombudsman N00873 Please ask a member of staff if you have any questions about our fees.
Communal Entrance Key code entry, leading to studio.
Entrance Door to; Open Plan Bedroom/Living Room 4ft Double bed, chest of drawers, wardrobe, desk and chairs, side table, electric convector heater, fridge with freezer box, stairs rising to mezzanine area.
En-Suite Suite comprising half length bath with shower over, wash hand basin with cupboard under, low level W.C, feature fire place (not to be used).
Shared Kitchen The kitchen is shared with two other studios and consists of; inset single drainer sink unit, mixture of base, drawer & eye level units, electric oven, four zone electric hob with extractor fan over, washing machine and tumble dryer.
Please Note Each studio is individually metered for electric and water usage, landlord will take readings and provide tenants with bill. The shared kitchen is split equally between the three studios.
Use of washing machine & tumble dryer; £5 for maximum of 1.5 hour for washing & 1.5 hours for drying each time.
Council Tax Council tax costs - £129.52 / month if 1 of 3 units is a non-student. (This includes 25% Single occupancy Discount) - £86.35 / month if 2 of 3 units are a non-student.
- £57.56 / month if 3 of 3 units are a non-student. Material Information Deposit information: A Holding deposit of £160.38 is required to reserve this property (based on the advertised rent).
Deposit payable: £801.92. Broadband/mobile Coverage: Standard, Superfast broadband available.
The speeds indicated are the fastest estimated speeds predicted by the network operator(s) providing services in this area.
Actual service availability at a property or speeds received may be different. 4G likely depending on provider externally, limited inside property.
(Information obtained from Ofcom) utilities: Mains water and electricity connected Furnishing Status: Furnished Heating Source: Electric heating Flood risk From river: Very low risk flood risk from surface water: Very low risk Rights & Restrictions: N/A Building Safety: N/A Planning Permission: N/A Coalfield/mining Area: N/A sewerage: Connected to mains drainage
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
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Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
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See projected short-stay revenue vs a vanilla BTL for this property.
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Area
Agent & docs
FAQ
About F2, 25-26, West Street, Buckingham
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