3 bed terraced house to rent

Orchard Street, Pelton, Chester Le Street, County Durham DH2

Available now this newly refurbished 3 bedroom terraced house. Please call Sylvester Properties to organise a viewing .

Sylvester Properties are delighted to offer to the rental market this recently refurbished three bedroom terraced house. The accommodation briefly comprises: Entrance hallway, living room, kitchen, bathroom. To the first floor are three bedrooms. Externally there is a rear courtyard.

Orchard Street is conveniently located allowing easy access to nearby Chester Le Street, where a comprehensive selection of retail, professional and recreational amenities can be found.

The area benefits from good transportation links and close proximity to local schooling.
The property has been maintained to a good standard. Viewing recommended to fully appreciate the standard of accommodation offered.
Costs


• Monthly Rent: £650.00PCM
• Security Deposit: £650.00
• Holding Deposit: £150.00
• Council Tax Band: A
Referencing and credit checks

A holding deposit equivalent to one week’s rent is required at the start of the application process. For successful applicants, this holding deposit will be deducted from the first month’s rent or the security deposit, subject to agreement with the payee.

In accordance with the Tenant Fees Act 2019, the holding deposit may become non-refundable if you fail the referencing or credit checks, provide false or misleading information, or do not disclose a County Court Judgment (ccj) or Individual Voluntary Arrangement (iva) on your application form or that of a nominated guarantor. Please note that up to 15 days may be required to complete all checks. If you have any concerns regarding the referencing process, you should contact a member of our team before making payment.
Affordability requirements


Tenant Income
To pass the affordability assessment, the combined minimum annual income must equal at least 2.5 times the annual rent.
Example: £675 pcm × 12 = £8,100 per year × 2.5 = £20,250 minimum income.
This income may be combined between applicants in a joint tenancy.

Guarantor Income
A home owner guarantor must have a minimum annual income of at least 3 times the annual rent.
Example: £675 pcm × 12 = £8,100 per year × 3 = £24,300 minimum income.
Alternatively, a guarantor may qualify by holding savings or pension funds equal to or greater than this amount.

Tenants must insure their own belongings.
Tenants are usually responsible for all utility bills and Council Tax.