Information For Tenants

Once we have found you a property and your offer has been accepted, we can start processing your application for a tenancy. The tenancy charges may vary depending on the agreement Manors has with the landlord.

To ensure there are no surprises, we have outlined below how we will proceed and what you can typically expect to pay:

Pre-tenancy

All charges stated are inclusive of VAT (calculated at 20%)
Referencing charge
£36 per person
Tenancy agreement charge
£240
Security deposit
Usually 6 weeks rent
Holding deposit
Usually 2 weeks rent

During your tenancy
(if required)
All charges stated are inclusive of VAT (calculated at 20%)
Renewal memorandum
£156
Change of tenants
£240
Future reference
£36
Inventory checkout
Depends on the size of the property and furnishings

There is a 4% surcharge on credit card payments and non-UK card payments.

Referencing charge – The cost of referencing includes an employment reference and potentially a previous employment reference, current and past landlord references and a credit status check. Manors employs an independent third party to take up references.

Tenancy agreement charge – Provision of a tenancy agreement, including any specially negotiated clauses, arranging for the agreement to be signed by both parties (executed by Manors), and copies exchanged.

Security deposit – Usually 6 weeks rent which is held against any damage or cleaning of the property required at the end of the tenancy and subject to the checkout report.

Holding deposit – Usually 2 weeks rent and payable to remove the property from the market. This amount is deducted from your first month’s rent due before your tenancy start date.

Renewal memorandum – Negotiating the tenancy renewal, issuing the memorandum to the agreement to be signed by both parties, and executing the memorandum.

Change of tenants – Negotiating the change of tenants, provision of a new tenancy agreement, arranging for both parties to sign the agreement (executed by Manors), and copies exchanged.

Future reference charge – Providing a reference for a future landlord or letting agent.

Inventory checkout – This is paid by the tenant at the end of the tenancy. Charges will vary depending on the size and furnishing of the property. (NB: The check-in inventory is normally paid for by the landlord).

£1,350,000

LEASEHOLD

Balmoral Apartments, 2 Praed Street, London, W2

2 bedroom purpose built flat with 1 reception and 2 bathrooms in Paddington, W2

ARRANGE A VIEWING

£1,350,000

LEASEHOLD

Call us on 020 7486 5655|Request a call back|drop us an email

DESCRIPTION MAP STREETVIEW FLOORPLAN EPC PHOTOS

£1,350,000

Balmoral Apartments, 2 Praed Street, London, W2

2 bedroom purpose built flat with 1 reception and 2 bathrooms in Paddington, W2

FOR SALE | LEASEHOLD

A fantastic 2 bedroom, 2 bathroom apartment, with spectacular terrace in the popular modern development, Balmoral Apartments. The property comprises of a bright and spacious open plan living room and kitchen with breakfast bar, floor to ceiling windows giving access to a large private terrace running along the full length of the apartment, master bedroom with en suite bathroom, second double bedroom, stylish family shower room. Being the flagship of the popular West End Quay development the building benefits from passenger lift, 24 hour porter and private underground parking. The shops & restaurants of Paddington basin are moments from the apartment. Located just a short distance from Paddington Underground Station (Bakerloo, Circle and District & Circle and Hammersmith Lines), Paddington Rail Station (Heathrow Express), Edgware Road Underground Station (Circle and Hammersmith & City & Circle and District Lines), and Marble Arch Underground Station (Central Line). The new Elizabeth Line (Cross Rail) connects London east to west with a major hub at Paddington.

MAP STREETVIEW FLOORPLAN EPC PHOTOS

I'm Jennifer Purchase,

Sales Manager at Manors

Can I take you to view this property in Paddington? If you’re interested, feel free to give me a call on 0207 486 5655 or fill out the contact form and I will get back to you. Looking forward to meeting you.

0207 486 5655

ARRANGE A VIEWING

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Stamp Duty Due

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Band	Rate	Due
Between £0 and £250,000	0%	£
Between £250,001 and £925,000	5%	£
Between £925,001 and £1,500,000	10%	£
Over £1,500,000	12%	£
Total	%	£

Purchase Price

Stamp Duty Due

This is an estimation

Band	Rate	Due
Between £0 and £125,000	3%	£
Between £125,000 and £250,000	5%	£
Between £250,000 and £925,000	8%	£
Between £925,000 and £1,500,000	13%	£
Over £1,500,000	15%	£
Total	%	£

"Jean-Charles Allegri has been a pleasure to deal with during a property search in Marylebone. His expertise and service are certainly of high standard and I would not hesitate to recommend. Looking forward to working together again in the future."

Jan 24 - Ms Tilliole W1 | Read More

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Information For Tenants

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Contact Manors

£1,350,000

Balmoral Apartments, 2 Praed Street, London, W2

2 bedroom purpose built flat with 1 reception and 2 bathrooms in Paddington, W2

£1,350,000

Call us on 020 7486 5655|Request a call back|drop us an email

£1,350,000

Balmoral Apartments, 2 Praed Street, London, W2

2 bedroom purpose built flat with 1 reception and 2 bathrooms in Paddington, W2

I'm Jennifer Purchase,

0207 486 5655

Mortgage Calculator

Monthly Payments

Stamp Duty Calculator

Stamp Duty Due

Stamp Duty Due

"Jean-Charles Allegri has been a pleasure to deal with during a property search in Marylebone. His expertise and service are certainly of high standard and I would not hesitate to recommend. Looking forward to working together again in the future."

Other properties that may be of interest...

£1,950,000

Portman Square, Marylebone, London, W1H

Guide price £1,850,000

Holland Villas Road, Kensington, London, W14

£1,700,000

Portsea Hall, Portsea Place, Hyde Park, W2

Thinking of selling or letting?