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1. Property Redress Scheme: Wentworth Housing Ltd T/A Wentworth Estates is a member of the Property Redress Scheme and the Membership number is: PRS003296
2. Client Money Protection Scheme: Wentworth Housing Ltd T/A Wentworth Estates is a part of Client Money Protect https://www.clientmoneyprotect.co.uk/Consumer/what-is-cmp
1. My deposits: Wentworth Housing Ltd T/A Wentworth Estates is a member of My deposit Scheme for our deposit protection and the Membership number is: 50557423
2. Guaranteed Rent (Leases only) If your property is leased to the Local Authority on one of our Guaranteed Rent Scheme there will be no management fee due from the tenant or landlord.
3. Tenant fees (Assured shorthold tenancy):
What fees do we ask tenant to pay?
From the 1st June 2019 the only payments we charge in connection with a tenancy are:
1. Rent
2. A refundable tenancy deposit capped at no more than five weeks rent where the annual rent is less than £50,000, or six week’s rent where the total annual rent is £50,000 or above
3. A refundable holding deposit (to reserve a property) capped at no more than one week’s rent
4. Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable cost incurred if higher
5. Payments associated with early termination of the tenancy, when requested by the tenant
6. Payments in respect of utilities, communication services, TV licence and council
7. A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement
If the fee we are charging is not on the list, it is a prohibited payment
Landlord Fees for Management (Assured shorthold tenancy): 12% inclusive of VAT of the monthly rent, the fees will be deducted monthly by Wentworth as and when the rent is due, subject to the rent being paid by the tenant.
E.g. Monthly rent agreed £1000.00 Management Fee deduction will be £120.00 inclusive of VAT
Landlord Fees for Introduction Let only (Assured shorthold tenancy): One of payment of 3 weeks fee will be charged of the monthly rent this will be inclusive of Vat
E.g. Monthly rent Agreed £1000.00 Introduction Fees: £692.31 inclusive of VAT
Landlord Termination fee for Wentworth during Management (Assured shorthold tenancy):
If the landlord decides to terminate agreement with Wentworth during the period of the management but however they would like keep the tenants. Then Wentworth will have a termination fee of 12% of the annual rent which will be due prior to the termination of management.
After the fees are paid in full, Wentworth will terminate the management and the landlord will have control of the property including rent collections.
E.g. Monthly rent agreed £1000.00 Termination Fees: £1440.00 this is inclusive of VAT
Sold STC 2 Bedrooms 1 Bathroom 1 Reception Offers Over £184,995
Property photo

Water Lane, Ilford, IG3 - Offers Over £184,995

Wentworth Estates present this two bedroom first floor split conversion mid-terrace property, situated within the Bungalow Estate vicinity.

The property harbours one reception room, a kitchen leading onto the family bathroom, compromising of two sizable bedrooms with potential loft conversion subject to permission.

The property benefits with excellent transport links with Seven Kings Station (soon to benefit the Crossrail from 2018 - TFL Rail - Zone 4) a short distance away, also being centrally located within the Seven Kings area benefits from local amenities and shops.

Ideal for the first time buyers or the buy to let investors looking to take full advantage of the rising demand and prices in the area.

Lounge
3.4m x 3.6m

Kitchen
1.4m x 2.3m

Bathroom
2.3m x 1.1m

Bedroom 1
1.8m x 2.9m

Bedroom 2
2.6m x 3.3m

No ground rent / service charge
Lease term remaining 115 years approximately

Measurements are approximate sizes only and are intended as general guidance.

This is a great investment opportunity for buy to let investors as Wentworth Estates can offer very competitive rent via our Guaranteed Rent Scheme.

For more information please call 020 8478 4786

Agents Notes:

All dimensions are approximate and are quoted for guidance only, their accuracy cannot be confirmed. Reference to appliances and / or services does not imply they are necessarily in working order or fit for the purpose. Buyers are advised to obtain verification from their solicitors as to the Freehold / Leasehold status of the property, the position regarding any fixtures and fittings and where the property has been extended / converted as to Planning Approval and Building regulations compliance. These particulars do not constitute or form part of an offer or contract nor may be regarded as representations. All interested parties must themselves verify their accuracy. ...Read Less

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This property is currently Sold STC. However, register your details below and we will contact you if it becomes available again.
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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.