Alexander Square South Kensington SW3

Asking Price: £5,950,000 Subject To Contract

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3 Bedrooms
3 Bathrooms
4 Reception rooms
Parking
Communal Garden
Garden

A magnificently proportioned Grade II Listed family house situated on a garden square, with off-street parking and generous west-facing garden.

This elegant family house is situated on a private road in Knightsbridge and enjoys green views, both front and rear, overlooking the private communal gardens to the front of the property and a private garden to the rear.

The property enjoys the benefit of a beautiful first floor drawing room, a generous dining room, study, kitchen and conservatory breakfast room.

The master bedroom suite occupies the entire second floor, with a further two bedrooms sharing one bathroom on third floor level. The lower ground floor offers the flexibility of a fourth bedroom.

In addition, the property has the benefit of a separate laundry room, guest cloak room and wine cellar.

Please note, the off-street parking is by precedent only as there is no legal entitlement but historically the residents have enjoyed the use of it.

LOCATION
Alexander Square is located off the Brompton Road and within easy walking distance of the world renowned amenities of Knightsbridge, South Kensington and Chelsea.

Transport links are excellent with South Kensington Underground station being within walking distance, as well as having easy access to the West and London Heathrow via the Cromwell Road and M4.

Tenure: Freehold

Calculate the Stamp Duty on this property

Phone: +44 (0) 20 7225 0277
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Stamp Duty

Stamp Duty on Residential Property Purchases, as of 4 December 2014, is now calculated at increasing rates for each portion of the price being paid, in a similar fashion to income tax.

In order to simplify the more complicated calculation, Russell Simpson provide you with a 'Stamp Duty Calculator'.

Enter the proposed price below to establish the tax payable on your purchase

Purchase Price

Price bands	Percentage rate	Taxable sum	Tax
Up to £125,000	0%	£0	£0
Above £125,000 and up to £250,000	2%
Above £250,000 and up to £925,000	5%	0	0
Above £925,000 and up to £1,500,000	10%	0	0
Above £1,500,000+	12%	0	0
Total tax			0
Effective rate			0

TENANT FEES AND ADDITIONAL COSTS

In accordance with the Tenant Fees Act 2019, the rules for how fees will be charged for Assured Shorthold Tenancies (AST’s) are different to how fees will be charged for Non-Housing Act (NHA) tenancies.

Housing Act Tenancies: Assured Shorthold Tenancies (AST)	Non-Housing Act Tenancies (NHA): Also known as 'Common Law Tenancies'
An AST is the most common type of type of tenancy if you rent from a private landlord or letting agent.	An NHA tenancy is typically created if the rent is over £100,000 per year, or if it is a company tenancy.
You usually have an AST if: The rent is less than £100,000 per year You (the tenant) are an individual and are using the property as your main home Your landlord doesn’t live in the property The property is privately owned	A company tenancy is when a company takes on a residential tenancy agreement as the tenant. The company employee will live in the property as a ‘permitted occupant’.
An NHA tenancy would also be created if the property isn’t the tenant’s main home.

Housing Act Tenancies: Assured Shorthold Tenancies (AST)

Non-Housing Act Tenancies (NHA): Also known as 'Common Law Tenancies'

An AST is the most common type of type of tenancy if you rent from a private landlord or letting agent.

An NHA tenancy is typically created if the rent is over £100,000 per year, or if it is a company tenancy.

You usually have an AST if:

The rent is less than £100,000 per year
You (the tenant) are an individual and are using the property as your main home
Your landlord doesn’t live in the property
The property is privately owned

A company tenancy is when a company takes on a residential tenancy agreement as the tenant. The company employee will live in the property as a ‘permitted occupant’.

An NHA tenancy would also be created if the property isn’t the tenant’s main home.

Housing Act Tenancies / Assured Shorthold Tenancies (AST)

In accordance with the Tenant Fees Act 2019, permitted payments by a tenant to a landlord or agent are listed below.

All fees are shown inclusive of VAT.

A refundable holding deposit (to reserve a property) capped at one week’s rent. This will be put towards your first rent payment due prior to the start of the tenancy. Please note: this will be withheld if any relevant person (including any guarantor(s) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement within 15 calendar days (or other deadline as mutually agreed in writing).

Rent

A refundable deposit capped at no more than five weeks’ rent where the annual rent is less than £50,000, or six weeks’ rent where the total annual rent is £50,000 or more.

Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher.

Payments associated with early termination of the tenancy when requested by the tenant – these include all costs, fees and charges incurred by the landlord for allowing early termination including the agents existing or re-letting fees.

Payments in respect of utilities, communication services, TV license and Council Tax.

A default fee for late payment of rent and replacement of a lost key / security device, where required under a tenancy agreement.

Green Deal charge.

Stamp Duty Land Tax – where the cumulative rent exceeds £125,000.

Non-Housing Act Tenancies

All fees are shown inclusive of VAT.

Holding deposit equivalent to one week’s rent. This will be put towards your first rent payment due prior to the start of the tenancy. We will retain your holding deposit should you withdraw from the tenancy.

Rent.

£36 per reference check (both for individuals and companies).

A deposit usually equivalent to six weeks’ rent, or if you have a pet this will usually be equivalent to eight weeks’ rent.

The cost of the check out of the inventory and schedule of condition at the end of the tenancy – the cost of this will vary depending on the size of the property.

Payments in respect of utilities, communication services, TV license and Council Tax.

A default fee for late payment of rent and replacement of a lost key / security device, where required under a tenancy agreement.

Stamp Duty Land Tax – where the cumulative rent exceeds £125,000.

Russell Simpson is a member of ARLA Propertymark and therefore endeavours to comply with ARLA Propertymark’s code of Practice. Further information, including the code of practice, can be obtained directly from the organisation’s website – www.arla.co.uk

As a member of ARLA Propertymark, Russell Simpson is also a member of ARLA’s Client Money Protection (CMP) scheme. A copy of our membership certificate can be seen here.

Russell Simpson is a member of The Property Ombudsman (TPO) who can provide independent redress. More information on TPO can be found at their website – www.tpos.co.uk

Alexander Square South Kensington SW3

TENANT FEES AND ADDITIONAL COSTS

LANDLORD FEES

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