Sylvester Properties are delighted too welcome to the market, this well-presented two-bedroom mid-terrace property located on Beaconsfield Street, Stanley. The property is close to local amenities, schools, and transport links, making it ideal for couples or small families.
Property Description
The home has been newly refurbished throughout, offering a fresh and neutral finish ready to move into. Accommodation briefly comprises a kitchen/dining room, lounge, two bedrooms, and a family bathroom.
Early viewing is highly recommended to avoid disappointment.
Costs
• Monthly Rent: £700 PCM
• Security Deposit: £700
• Holding Deposit: £161.53
• 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 home owner 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.
