For Sale 1 Bedroom 1 Bathroom 1 Reception Guide Price £285,000

Bancroft Road, Stepney, London, E1 - Guide Price £285,000

This blank canvas one bedroom property is an ideal investment as it is in a well sort out area with access to local shops and being positioned directly between Stepney Green and Bethnal Green and is 5 minute walk away from the closest station, ideal for London commuters and in a excellent area. This property provides an amazing size living room along with a door leading to a private balcony and a massive double bedroom with a private balcony with an ample of storage space also the bathroom has been recently renovated and is in an excellent condition

Living Room - 5.311m x 3.056m
Bedroom - 3.74m x 3.326m
Bathroom - 1.319m x 2.068m
Kitchen - 3.74m x 1.946m
Balcony - 1.064m x 3.175m

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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.


Tenancy Setup Fee

Holding Deposit:

Minimum of 2 weeks rent will be requested upfront as a sign of your commitment. Once received we will process the tenant application for the property and start on the referencing. Once the report has come back satisfactory, the property will be withdrawn from the market and all outstanding viewings will be cancelled.

The holding deposit amount will be deducted from your first months payment of rent before the move in date.

Tenancy Security Deposit:

Usually 6 weeks rent (This may change depending on the landlords circumstances or if pets are added to the tenancy)

Administration Fee:

£85 + VAT for each applicant

Referencing Fee:

£45 + VAT for each applicant
£45 + VAT for each guarantor (if required)

Check-in Inventory Fee:

Studio or 1 Bed £105 – 2 Bed £130 – 3 Bed £145 – 4 Bed £160 – 5 Bed £175 – 6 Bed £190
(Check-in Inventory fees are subject to VAT)

PLEASE NOTE: The holding deposit is NON-REFUNDABLE and will be forfeit as liquidated damages in the event that you withdraw or otherwise fail to take up the tenancy on or by the proposed tenancy commencement date, or fail to comply with any requirements made to the applicant(s) or guarantor(s) by the referencing agency. If however, City Fox or the Landlord declines to grant the tenancy (due to failed referencing) it will be refunded by business cheque less the referencing fee and 50% of the admin fee.


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