Algernon Terrace, Tynemouth - Per calendar month £850 pcm
2 Bedrooms | 1 Reception Room | 1 Bathroom
**SPACIOUS TWO BEDROOM MID TERRACED PROPERTY** ideally located in Algernon Terrace, Tynemouth.
The property briefly comprises: entrance, open plan living and dining room, kitchen. To the first floor there are two bedrooms an bathroom/w.c. Externally there is an enclosed yard to the rear. To the front of the property there is an enclosed private garden.
The property is available from 10th January 2020 on an UNFURNISHED basis.
The holding deposit is the equivalent of one weeks rent. This is calculated by one months rent x 12 divided by 52. For example a property with a monthly rent of £500 - £500 x 12 divided by 52 = holding deposit of £115.38.
If the landlord gives permission to allow a pet to be kept at the property there will be an additional £20 added to the monthly rental amount per pet.
On the day of move in the first months rent and security deposit are payable.
The security deposit covers damages or defaults on the part of the tenant during the tenancy.
The security tenancy deposit will be the equivalent of five weeks rent: calculated by one months rent x 12 divided by 52 x 5. For example a monthly rent of £500 x 12 = 6000 divided by 52 = 115.38 x 5 = security deposit £576.92.
The first month's rent, and the tenancy bond as stated above is to be paid at the sign up stage. All negotiations and payments are subject to contract.
Company Lets - Reservation/Administration Fees are 60% of one months rent including VAT (minimum £250 inc VAT). This fee covers costs for reserving the property, reference/credit checks, producing the relevant tenancy agreement and conducting Right to Rent checks. These fees are NON REFUNDABLE and on a first come, first served basis.
The tenancy deposit/bond can be calculated as the monthly rent plus £50 (EG £450 monthly rent + £50 = £500 deposit). An additional tenancy deposit/bond may be requested for tenants with pets.
From Companies, we require a proof of identity of the Director or Authorised Signatory, as well as proof of Directorship or proof of authority to sign.
All rooms have been measured with electronic laser and are approximate measurements only. To comply with the Business Protection from Misleading Marketing Regulations act of 2008, we clarify that none of the services to the above property have been tested by ourselves, and we cannot guarantee that the installations described in the details are in perfect working order. Brannen & Partners for themselves, the vendors or lessors, produce these brochures in good faith and are a guideline only. They do not constitute any part of a contract and are correct to the best of our knowledge at the time of going to press. Pictures may appear distorted due to enlargement and are not to be used to give an accurate reflection of size. All negotiations and payments are subject to contract.