Pattinson Estate Agents - Consett - Ref: 520635

Investment opportunity to purchase this two bedroom upper floor apartment located in Consett. This would be ideal for a investor looking to add to there portfolio or looking to get started. Located within walking distance of Consett town centre with its shops, bars, restaurants and bus station. The floor plan comprises Entrance porch, entrance hall, first floor landing, two bedrooms, lounge, kitchen and bathroom. Further benefits include gas central heating, double glazing and enclosed rear yard.

Tenant Referencing Criteria:

Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property. As part of this process, we will undertake:
A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
An affordability assessment to ensure applicants income will sufficiently cover the rental payments.
To pass the affordability check, each applicants gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties). EG If the rent is £500 PCM, applicants would need to earn £15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
Each applicants affordability is assessed individually against the criteria.
Self-employed applicants will require an accountants reference and should have accounts for a minimum of two years. Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount.
Employment checks to confirm your start date, salary and if your position is permanent.
Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease. This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner.
Right to rent ID checks.

If you do not meet the requirement, you WILL REQUIRE A HOMEOWNER GUARANTOR.

Council Tax Band: A
Deposit: £843.75