Watling Street West, Towcester, NN12

A ground floor one bedroom apartment located in the centre of Towcester within close proximity to local amenities. The accommodation offers a kitchen, living room, bedroom and shower room. Heating is provided by gas fired boiler to radiators. No pets or smokers.

The Accommodation
Entered via a communal hall, the property includes a kitchen fitted with units, built-in oven and hob with extractor, plumbing for a washing machine, space for a fridge and two Velux skylights. A hallway leads to a living room with built-in storage, a shower room fitted with a three-piece suite comprising a shower cubicle, wash basin and W.C., and a double bedroom.

Holding Deposit
A holding deposit of £161.00 is payable upon application. Holding Deposit: Equivalent to one week’s rent as stated on the property brochure is taken upon application and in signing this you agree to this being used towards the security deposit. The deadline for entering into an agreement is 15 days from receipt of the holding deposit unless otherwise agreed. A holding deposit may be retained if you (or a guarantor) provide false or misleading information, if you fail a right to rent check, withdraw from the proposed tenancy or fail to take reasonable steps to enter into a tenancy agreement (for example, not providing reasonable information to support your tenancy application).

Security Deposit
A security deposit of £807.00 is payable. This is equivalent to five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy and must be paid by bank transfer before the tenancy starts.

Tenancy Agreement
An Assured Shorthold Tenancy Agreement must be signed by all tenants. (A tenant is any person over the age of eighteen years who will be residing in the property on a permanent basis). Anyone entering in to this agreement must understand it is legally binding and be aware of the responsibilities and liabilities involved.

Other Chargeable Fees
Listed below are the other chargeable fees that may be applied if relevant.

Unpaid Rent
Interest is charged at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost Keys or other Security Devices
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost keys or other security devices.

Variation of Contract & Change of Sharer
Variation of Contract £50 (inc. VAT) per agreed variation. This covers the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents. Change of Sharer £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. This covers the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination
Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Tenure
Freehold