St Mary Abbots Place Kensington W8

Asking Price: £2,500 p/w Subject To Contract
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  • 6 Bedrooms
  • 5 Bathrooms
  • 4 Reception rooms
  • Garden
For Tenant Fees, please click here

A beautifully proportioned low-built family home, discreetly located off Kensington High Street. The house benefits from brilliant proportions, with principal living accommodation arranged over two floors, further accommodation over the second floor with staff accommodation provided on the lower ground floor. Generous entertaining space is thoughtfully laid out over the ground floor set around a central courtyard, with a secluded garden at the rear of the house.

Built in Elizabethan style in the 1920’s, the property has been in the same ownership for almost 40 years, providing an incoming purchaser a blank canvas to create their own family home. St Mary Abbots Place is located just to the west of Edwardes Square. The house is close to the amenities of Kensington High Street and Holland Park and is offered on an unfurnished basis from the beginning of December.

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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  

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 (this could range from £180 inc VAT or greater 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 could range from £180 inc VAT or greater)
  • Dilapidations

LANDLORD FEES

For more information about landlord fees, please click here.

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