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Included in your Tenancy Fee & Charges

Holding Fee

Two weeks rent will be requested upfront as a sign of your commitment. Once received the property will be withdrawn from the market and all outstanding viewings will be cancelled. This amount will be deducted from your first months payment of rent before the move in date.

PLEASE NOTE The holding deposit is non-refundable if references are declined, or if you decide to pull out of the process.

Administration Fee

£200 for each professional individual and £180 for each individual that is a student.

Referencing Fees

inclusive in administration fees

Change of Tenant or Additional Tenant

inclusive in admin fees

Renewal Fee

£100 will be charged to cover our administration costs

Check Out Fees

1 Bed £120 plus VAT 2 Bed £130 plus VAT 3 Bed £140 plus VAT 4 Bed £160 plus VAT

If organised directly by the landlord, these fees may be subject to change

Security Deposit

A deposit will be taken before move in at the equivalent of 6 weeks rent. This may change depending on the landlords circumstances or if pets are added to the tenancy.

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Free Market Appraisal

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020 7713 1111

Sold STC 3 Bedrooms 3 Bathrooms 3 Receptions £2,900,000

Drury Lane, Covent Garden, WC2B - £2,900,000

The Stamp Duty for this property would be £261,750    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 2,500
Above 250,000 and up to 925,000 5 £33,750
Above 925,000 and up to 1,500,000 10 £57,500
Above 1,500,000+ 12> £ 168,000
*This is for illustrative purposes only

Recalculate Stamp Duty Amount

Located on one of central London's most popular streets, Drury Lane. This is an spectacular investment property situated in a Victorian building in Covent Garden.

The famous Drury Lane is positioned just east of the Covent Garden Piazza where there is a superb selection of restaurants, bars, cafes and designer shops. This exciting area is also home to some of the best theatres in the world, 10 minutes from the River Thames and 320 meters from Covent Garden (Piccadilly Line) and 480m from Holborn (Central Line) underground stations it is ideally placed for transport links to the City and outside of London.

This freehold property consist of three one bedroom flats situated over the 1st, 2nd and 3rd floor, (which are currently tenanted by a mixture of students and professionals) a commercial A3 retail unit situated on the ground and lower ground floor which is currently operating as an Indian restaurant.
The flats are very easily rented as it is centrally located, the rental income that can be achieved on each flat is between £350 to £420 a week and the restaurant below accumulates a rental income of £50,000 per annum.

This is an excellent investment opportunity, for further information or to arrange a viewing please do get in contact with us
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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.

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