Clive Court 75 Maida Vale W9

Asking Price: £1,000,000 Subject To Contract
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  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Reception rooms

This large and spacious lateral flat is situated at the rear of the building with a green south-westerly aspect. Having been owned by the same family for a number of years, this flat has a lease of 31 years remaining and requires modernisation throughout. Located on the fourth floor of this pretty red brick mansion block with a lift and porter, it would make a spectacular home to the incoming purchaser.
Clive Court is well located in Maida Vale close to the shops and restaurants of Little Venice.

Tenure: Leasehold

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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

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TENANT FEES AND ADDITIONAL COSTS

In accordance with The Tenant Fees Act 2019, permitted payments by a tenant to a landlord or agent are as follows:

  • The rent;
  • A refundable tenancy 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;
  • A refundable holding deposit (to reserve a property) capped at one week’s rent;
  • 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;
  • 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.

 

Russell Simpson is a member of The Property Ombudsman (TPO) and ARLA Propertymark and therefore endeavours to comply with TPO and ARLA Propertymark’s Codes of Practice. These Codes can be obtained directly from the organisations’ websites – www.tpos.co.uk & www.arla.co.uk

As a member of ARLA Propertymark, Russell Simpson is also a member of ARLA’s Client Money Protection (CMP) Scheme.

LANDLORD FEES

For more information about landlord fees, please click here.

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