1. Property Redress Scheme: Wentworth Housing Ltd T/A Index Estates Ltd. is a member of the Property Redress Scheme and the Membership number is: PRS003296

2. Client Money Protection Scheme: Wentworth Housing Ltd T/A Index Estates Ltd. is a part of Client Money Protect https://www.clientmoneyprotect.co.uk/Consumer/what-is-cmp

1. My deposits: Wentworth Housing Ltd T/A Index Estates Ltd. is a member of My deposit Scheme for our deposit protection and the Membership number is: 50557423

2. Guaranteed Rent (Leases only) If your property is leased to the Local Authority on one of our Guaranteed Rent Scheme there will be no management fee due from the tenant or landlord.

3. Tenant fees (Assured shorthold tenancy):

What fees do we ask tenant to pay?

From the 1st June 2019 the only payments we charge in connection with a tenancy are:

1. Rent

2. A refundable tenancy deposit capped at no more than five weeks rent where the annual rent is less than £50,000, or six week’s rent where the total annual rent is £50,000 or above

3. A refundable holding deposit (to reserve a property) capped at no more than one week’s rent

4. Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable cost incurred if higher

5. Payments associated with early termination of the tenancy, when requested by the tenant

6. Payments in respect of utilities, communication services, TV licence and council

7. A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement

If the fee we are charging is not on the list, it is a prohibited payment

Landlord Fees for Management (Assured shorthold tenancy): 12% inclusive of VAT of the monthly rent, the fees will be deducted monthly by Wentworth as and when the rent is due, subject to the rent being paid by the tenant.

E.g. Monthly rent agreed £1000.00 Management Fee deduction will be £120.00 inclusive of VAT

Landlord Fees for Introduction Let only (Assured shorthold tenancy): One of payment of 3 weeks fee will be charged of the monthly rent this will be inclusive of Vat

E.g. Monthly rent Agreed £1000.00 Introduction Fees: £692.31 inclusive of VAT

Landlord Termination fee for Wentworth during Management (Assured shorthold tenancy):

If the landlord decides to terminate agreement with Wentworth during the period of the management but however they would like keep the tenants. Then Wentworth will have a termination fee of 12% of the annual rent which will be due prior to the termination of management.

After the fees are paid in full, Wentworth will terminate the management and the landlord will have control of the property including rent collections.

E.g. Monthly rent agreed £1000.00 Termination Fees: £1440.00 this is inclusive of VAT

Sold STC 20 Bedrooms 9 Bathrooms 9 Receptions £2,050,000

Claremont Close, Royal Docks, E16 - £2,050,000

A unique opportunity to acquire this freehold block of flats consisting of NINE UNITS set over 4 floors. Situated in the heart of the Royal Docks area ad with close proximity to local shops and transport facilities. King George DLR Station is a short walk from the property.

The property consists of 7 two bedroom flats set over three floors and 2 three bedroom flat. The current rental income for all 9 units is £12000 per month approximately. The current rent is on guaranteed rent with Index Estates Ltd..

The demand and prices in the area are on the rise and this could be a great investment opportunity. The property can be purchased with the current tenants or be vacant on completion.

Agents Notes:
Please be aware this is a Sale by Tender property and the prospective purchaser will incur a fee to Index Estates Ltd.
All dimensions are approximate and are quoted for guidance only, their accuracy cannot be confirmed. Refer ...Read More

Flat 1

Flat 2

Flat 3

Flat 4

Flat 6

Flat 7

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.