Gray's Inn Road Bloomsbury WC1X

Asking Price: £825 p/w Subject To Contract

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2 Bedrooms
2 Bathrooms
1 Reception room

For Tenant Fees, please click here

Two bedroom apartment available in this modern development within a close proximity to the City of London. The apartment comprises a open plan living area, two double bedrooms, two bathrooms and fully fitted kitchen. Other benefits include air conditioning, wooden floors, stylish interiors throughout, use of a day porter and a lift.

Available on a furnished basis.

Phone: +44 (0) 20 7225 0277
Email: Click here

Floorplan
Map
Stamp Duty
EPC

Stamp Duty on Residential Property Rentals is a legal requirement and we would recommend you gain professional advice. Stamp Duty is only applicable when the rental figure exceeds £125,000 during the period of the rental term. As of 4 December 2014, it 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 total rental sum for the duration of your term below to establish the tax payable on your rental.

Total Rental Sum

Price bands	Pecentage 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 addition to the rent, there are a few other costs that tenants must budget for before entering into a new tenancy agreement with Russell Simpson. The following fees are all payable before a tenancy starts:

Reference fee of £31.20 per Tenant / Guarantor inc VAT or Company £19.20 inc VAT

A deposit against damage and dilapidations which is usually 6 weeks rent (or 8 weeks if you have a pet). Russell Simpson will hold these funds in the capacity of stakeholder and for Assured Shorthold Tenancies these will be registered under the Tenancy Deposit Scheme.

Stamp Duty (if applicable). To find out whether this would apply to your tenancy please contact HMRC at www.gov.uk

Throughout the tenancy there are other costs that must be covered on top of the rent. These might include:

Utilities (gas, electricity, water and telephone)

Council Tax

Television licence

Installation of cable/satellite

Alarm maintenance

Insurance (for your personal possessions and contents)

Garden maintenance/Cost of Communal Garden Key/Fee

At the end of the tenancy:

Professional Cleaning of the Property (for example this could range from £180 inc VAT to £3,000 inc VAT dependent on size of property and extent of clean required)

Inventory Check-out (this is determined by the size and condition of the property at the end of the tenancy and for example could range from £180 inc VAT to £2,000 inc VAT)

Dilapidations

Gray's Inn Road Bloomsbury WC1X

TENANT FEES AND ADDITIONAL COSTS

LANDLORD FEES

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