1-bedroom flat · DT4 0SA
Listing removedListed 71 days · slow let
Opportunity summary
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About
PROPERTY DESCRIPTION A well-presented one-bedroom first-floor flat, situated in the popular Rodwell area on the attractive, tree-lined Connaught Road.
Recently redecorated throughout, the property offers a new shower room and a bright open-plan lounge/kitchen.
LOUNGE 11' 08" x 8' 10" (3.56m x 2.69m) KITCHEN 10' 00" x 4' 06" (3.05m x 1.37m) BEDROOM 16' 09" x 8' 00" (5.11m x 2.44m) SHOWER ROOM 11' 10" x 3' 04" (3.61m x 1.02m) PRE-APPLICATION INFO Please be aware of the following before making an application; Permitted Payments; Holding Deposit A holding deposit equivalent to 1 weeks rent will be required to reserve the property whilst referencing checks are being carried out.
With the tenants' consent, this holding deposit will be refunded against the first month's rent.
The holding deposit can be retained if the applicant; - Provides false or misleading information - Fails Right to Rent checks - Withdraws from the property - Fails to take reasonable steps to enter into the tenancy.
In accordance with the Tenant Fees Act applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit.
Failure to do so for any of the above reasons may result in you losing your holding deposit. An extension to the deadline may be entered into if agreed in writing by all parties.
During the tenancy (payable to the Agent) 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 at the tenants request; £50 (inc. vat) per agreed variation. Change of sharer at the 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) at the tenants request: If the tenant applies to leave their contract early, they will 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 not exceed the maximum amount of rent outstanding on the tenancy.
During the tenancy (payable to the provider) if permitted and applicable Utilities - gas, electricity, water Communications - telephone and broadand Installation of cable/satellite Subscription to cable/satellite provider Television licence Council Tax Other permitted payments Any other permitted payments not included above, under the relevant legislation including contractual damages Tenant protection Martin & Co t/a Status Lettings Ltd is a member of Safeagent Client Money Protection Scheme, and also a member of The Property Ombudsman, which is a redress scheme.
You can find out more details on our website or by contacting us Right to Rent Checks By law, Right to Rent checks must be carried and as such will be required to provide proof of ID and address in accordance with Home Office guidelines.
More information can be found at; Reference Checks and Credit Worthiness All applicants will be subject to a credit check carried out by a third party, to check for CCJs/IVAs/Bankruptcy.
Applicants will need to provide proof of an income of at least 2.5 x annual rent.
Applicants in receipt of benefits will require a guarantor who is working and able to provide proof of an income of 3 x the annual rent.
We will also carry out employment checks, affordability checks, previous landlord reference and proof of address history - usually up to 3 years.
Documentation that may be required Passport, driving licence, bank statements (to assess income), utility bill (proof of address), payslips, benefits award letter, WFTC award letter.
If you have any questions, please feel free to contact one of the team at PARKING Off road parking for one vehicle
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
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
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.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Connaught Road, Weymouth
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