Kents Road, Wellswood, Torquay, TQ1

Ridgewater is pleased to present this newly decorated * partly furnished * lower ground studio in the sought after Wellswood area:

This property offers:

* Steps leading down to private front entrance *

* Spacious  lower floor studio *

* Brand new carpets *

* Kitchen with brand new electric stove and fridge/freezer *

* Modern bathroom *

* Gas radiators *

* Available furnished or unfurnished *

* Close to shops, bus routes and facilities *

* Only suitable for single occupancy *

Sorry no pets or smokers.

To pass the referencing for this property applicants need to pass a credit report and will require an annual household income of 30x the monthly rent, this income can not include any tax credits, universal credit or housing benefit. 

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Tenancy information

In order to rent a property through Ridgewater, you will be required to make the following payments:

Before the tenancy starts:

- Holding Deposit: Equivalent to one weeks rent (this holding fee is then later used towards your first months rent in advance)

- Tenancy Deposit: Equivalent to five weeks rent.

- Rent In Advance: One months rent in advance 

- Companies seeking to rent a property will be required to pay £300 including VAT (£250 plus VAT) for the completion of a Company Reference carried out by an independent referencing agency.

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Permitted payments during the tenancy:

- Rent (payable in advance)

- Payments to other third parties: such as council tax, utilities or payments for communications services;

- Default charges: such as payments for the replacement of lost keys or interest on overdue rent may be applied.

- Tenancy changes: Such as requests to vary the terms of or reassign the tenancy may also be applied which will be limited to £50 including VAT (£41.67 plus VAT).

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Once a holding deposit has been paid the subject property will not be marketed to others.

Holding deposits will be paid towards the tenancy deposit upon commencement of the tenancy, where successful referencing and statutory checks have been completed.

A holding deposit will be retained by Ridgewater where the prospective tenant:

1. Withdraws from the property before entering into the tenancy agreement

2. Provides false information for referencing purposes

3. Fails to act reasonably to enter into the tenancy before the deadline for agreement

4. Fails 'Right to Rent' checks

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Tenant Protection

Ridgewater Property Ltd are also a member of The Property Ombudsman redress scheme. and have Client Money Protection with CMP. You can find out more details on the Ridgewater website (www.ridgewater.co.uk) or by contacting Ridgewater directly.