(01983) 209020

The Parade, Cowes
£750 pcm

Let STC
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    The Parade
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    The Parade
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    The Parade
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    The Parade
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    The Parade
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    The Parade
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    The Parade
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    The Parade
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    The Parade

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  • Available Now
  • 12 months Long Let
  • Furnished
  • Not suitable for smokers or pets
  • EPC: C / Council Tax: B
  • Deposit £865
  • Viewings: 15/01/22 - Call to book your slot

Furnished, second floor, one bed apartment within the prestigious Number One The Parade.

HOLDING DEPOSIT
A Holding Deposit will be payable equal to (but not exceeding) one week´s apportionment of the agreed sum of rent payable for the property applied for.

Example: Rent of £750 x 12 months = £9,000 pa / 52 weeks x 1 weeks = £173.07 Rounded down to £150.00

 

TENANCY DEPOSIT
The sum of a ´cash´ tenancy deposit payable shall be no more than a sum equal to 5 weeks´ rent, including any 'pet rent' (rounded down to the nearest £5 or £10). 
Example: Rent of £750 x 12 months = £9,000 pa / 52 weeks x 5 weeks = £865.38 Rounded down to £865.00


PERMITTED FEES - charged in accordance with the Tenant Fees Act 2019

Default fee for 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.

Default fee for the agent replacing keys or other security devices lost by the tenant:
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).  Alternatively the tenant may arrange and pay for their own locksmith services and must provide a copy of any new keys or security devices to the agent within 24 hours.

Variation of the tenancy agreement following tenant's request:  £120 (inc. VAT) to cover the costs associated with the agent’s time in taking landlord´s instructions, any legal advice, as well as the preparation and execution of new legal documents.

Tenant's request for the early termination of the tenancy agreement:
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.  In a typical situation the fee would be £540 (inc. VAT) to cover re-letting (paid prior to remarketing) and be liable for the rent up until the new tenant takes responsibility for the property.


CLIENT MONEY PROTECTION (CMP)
It is a legal requirement for a letting agent to hold CMP. It protects landlords and tenants from any misappropriation of their money. 

THE PROPERTY OMBUDSMAN SCHEME (TPOS)
Lancasters Estate Agents are members of TPOS.  In the event of dispute between agent and client that cannot be resolved without third party intervention clients may refer a complaint to TPOS redress scheme.

 

Lancasters Estate Agents is a trading name of Lightwater Property Ltd registered in England No.06986499.  VAT No.978596533

 


Lounge/Kitchen/Diner

16' 1'' x 13' 1'' (4.9m x 4.0m)

A large multi function reception with Juliette balcony and french doors. An L-shape fitted kitchen with integrated fridge/freezer, cooker, hob and washing machine. Space for dining and reception furniture.

Bedroom 1

11' 6'' x 10' 7'' (3.5m x 3.22m)

A double bedroom with side aspect window. Fitted closet and wardrobe storage.

Bathroom

A bright spacious bathroom with paneled bath and shower over, w/c sink and vanity. Heated towel rail.

Hall

Accommodation off. Built in storage.

Outside

Gated access from the street with security fob entry. A pretty central courtyard with central atrium down to the communal gymnasium area. Secure bicycle storage.

PLEASE READ

Prospective tenants are required to have a combined income of at least 2.5x the rent to pass affordability checks. If tenant income does not meet this threshold and/or they have poor credit history they may be required to provide a Guarantor. Guarantors are required to have an income of at least 3x the rent to pass affordability checks, plus no negative credit history. Based on the advertised rent of: £750pcm, the income thresholds are: Tenant(s): £22,500 per year or Guarantor: £27,000 per year We do not discriminate on where income comes from - earnings, benefits, pensions, investments etc are all treated equally.


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The Parade
Cowes PO31 7QJ
County: Isle Of Wight
Sale Type: Let STC
Ref #: LEA3506

P: 01983 209020
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