Sylvester Properties are delighted to offer this spacious, two bedroom terraced house to the rental market.
The accommodation briefly comprises: Entrance hallway, living dining room, kitchen, rear lobby, bathroom. To the first floor are two, well proportioned, bedrooms. Externally there is a rear courtyard.
Victoria Terrace is conveniently located allowing easy access to nearby Chester Le Street, where a comprehensive selection of retail, professional and recreational amenities can be found.
The area benefits from good transportation links and close proximity to local schooling.
Entrance Hall
Living / Dining Room
5.23m x 4.11m
Kitchen
3.76m x 1.85m
Rear Lobby
Bathroom
Master Bedroom
4.17m x 4.14m
Bedroom Two
4.09m x 1.8m
Rear Courtyard
COSTS
• Monthly Rent: £600PCM
• Security Deposit: £600
• Holding Deposit: £138.46
• Council Tax Band: A
REFERENCING AND CREDIT CHECKS
A holding deposit equivalent to one week’s rent is required at the start of the application process. For successful applicants, this holding deposit will be deducted from the first month’s rent or the security deposit, subject to agreement with the payee.
In accordance with the Tenant Fees Act 2019, the holding deposit may become non-refundable if you fail the referencing or credit checks, provide false or misleading information, or do not disclose a County Court Judgment (CCJ) or Individual Voluntary Arrangement (IVA) on your application form or that of a nominated guarantor. Please note that up to 15 days may be required to complete all checks. If you have any concerns regarding the referencing process, you should contact a member of our team before making payment.
AFFORDABILITY REQUIREMENTS
Tenant Income
To pass the affordability assessment, the combined minimum annual income must equal at least 2.5 times the annual rent.
Example: £675 PCM × 12 = £8,100 per year × 2.5 = £20,250 minimum income.
This income may be combined between applicants in a joint tenancy.
Guarantor Income
A homeowner guarantor must have a minimum annual income of at least 3 times the annual rent.
Example: £675 PCM × 12 = £8,100 per year × 3 = £24,300 minimum income.
Alternatively, a guarantor may qualify by holding savings or pension funds equal to or greater than this amount.
Tenants must insure their own belongings.
Tenants are usually responsible for all utility bills and Council Tax.
All offers must be supported with:
Under Money Laundering Regulations, we must also see proof of ID for all buyers before we can issue an offer acceptance letter or instruct solicitors.
Any fixtures and fittings not listed should be confirmed with the seller directly.
In accordance with the Estate Agents’ (Provision of Information) Regulations 1991 and the Consumer Protection from Unfair Trading Regulations 2008, we are required to inform you that we may receive referral fees for services offered to sellers and purchasers. These may include:
Get in touch with our team to arrange a viewing or learn more about this home before it’s gone.
