Sylvester Properties are delighted to welcome to the rental market this recently refurbished two bedroom mid terraced house.

New to the rental market this well presented two bedroom mid terraced property. Having been refurbished throughout with neutral décor, new flooring and newly fitted modern kitchen this really is a must see.

Property briefly comprises; kitchen, lounge, stairs to first floor, two bedrooms and bathroom, externally there is a rear yard.

Located in a peaceful residential area of Annfield Plain with easy access to local amenities, shops, and schools. Public transport links are nearby, offering direct routes to Consett, Durham, and Newcastle. The surrounding area also features parks and green spaces, ideal for walks and outdoor activities.

This property is perfect for individuals, couples, or small families seeking a practical and comfortable home in a well-connected location.

COSTS

• Monthly Rent: £725 PCM
• Security Deposit: £725
• Holding Deposit: £167.30
• 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.