Sylvester Properties are delighted to welcome to the rental market this beautifully refurbished 2 bedroomed mid terraced house.
A recently refurbished two-bedroom mid-terraced house available to rent in Annfield Plain, County Durham.
The property has been beautifully refurbished throughout and offers well-presented accommodation over two floors. The ground floor comprises a comfortable lounge, separate dining room, fitted kitchen and bathroom. Upstairs, there are two good-sized double bedrooms.
Externally, the property benefits from a private rear yard, providing a useful outdoor space.
The property is heated via a gas combi boiler and is available for immediate occupation.
Situated in the heart of Annfield Plain, the property enjoys a convenient position close to a range of local shops, schools, and everyday amenities. The area offers excellent transport links to the nearby towns of Stanley and Consett as well as the regional cities of Durham, Newcastle and Sunderland, while also benefiting from nearby countryside walks and recreational facilities.
Early viewing is recommended to appreciate the standard of accommodation on offer.
COSTS
• Monthly Rent: £695.00PCM
• Security Deposit: £695.00
• Holding Deposit: £160.38
• 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.
