Waterfront Way, Walsall
Monthly Rental Of £750

iLove homes are offering for rent this top floor, two bedroom apartment set in a sought after gated complex with views over Walsall and the surrounding areas. This Executive property is within reach of Walsall Manor Hospital, Walsall Town Centre, major rail/motorway networks and all other amenities. The internal accommodation comprises: Communal Hall, Reception Hall, Open-Plan Fitted Kitchen and Lounge , Two Double Bedrooms (master with En-Suite), Bathroom and allocated Parking.

**IMPORTANT MESSAGE** PLEASE NOTE THAT BY REQUESTING A VIEWING, YOU ARE AGREEING TO YOUR DETAILS BEING PASSED DIRECTLY TO THE LANDLORD WHO WILL CONTACT YOU TO ORGANISE ALL VIEWINGS

DESCRIPTION
Superb and well-proportioned, exclusive 2 bedroom apartment, set within the heart of Walsall Waterfront regeneration initiative. The stunning spacious accommodation boasts fabulous views over Walsall. The property further benefits from allocated parking.

Communal Entrance
Entered via gated complex leading to security door

Entrance Hall
Security phone access, airing cupboard housing water cylinder, storage cupboard, electric radiator and doors leading to

Lounge/kitchen 20' 5" max x 12'10 max ( 6.22m max x 3.92m max )
Lounge Area - 3 Double Glazed dual aspect windows overlooking the Waterfront, storage heater, satellite tv and telephone connection points.

Kitchen Area - Fully fitted kitchen with matching wall and base units, stainless steel inset sink with monoblock mixer tap, inset electric oven, extractor and ceramic hob. Also benefiting from complementary ceramic wall tiling with laminate flooring.

Bedroom 1 15' 9" x 10' ( 4.81m x 3.05m exluding recess )
With double glazed window, TV point and radiator and door to en-suite

En-Suite Shower
Fully fitted shower suite comprising of close coupled toilet, hand basin and separate shower cubicle. Electric radiator and extractor fan

Bedroom 2 9'1" x 8' 9" ( 3.00m x 2.66m )
Double glazed window overlooking the Waterfront and radiator

Bathroom
Fully fitted white bathroom suite comprising of bath, close coupled toilet, hand basin complimentary white wall tiling, shaving point, electric radiator and extractor fan

Outside
There are landscaped communal gardens, secure electronically gated entrance, allocated parking and single designated parking space for visitors.

Viewings:
Please contact iLove homes. Viewings are strictly by appointment only.  


Measurements: 
All measurements are approximate and are supplied for guidance only, as such they must not be considered to be entirely accurate.  



Holding Deposits
Holding deposits will be limited to a maximum of 1 week's rent and subject to statutory legislation on the repayment of this should the tenancy not go ahead. Briefly, this is proposed to be:
1. The landlord has 15 days to make a decision once a holding deposit is taken.
2. If the tenancy does not go ahead then the money must be repaid in full within 7 days of the deadline being reached or the landlord backing out.
3. Repayment does not need to be in full if the tenant backs out of the tenancy agreement themselves, fails right to rent checks, has provided false or misleading information, or where the landlord tries their best to get the information needed but the tenant fails to provide it within the 15 days.
4. If the tenancy does go ahead, the holding deposit must be returned within 7 days of agreement, unless it is converted into part payment of the actual deposit or used towards the initial rent payment.

Deposits
Deposits will be limited to 5 weeks rent as a maximum amount for tenancies where the annual rent is below £50,000.Landlords should bear in mind that deposits are considered to be taken at the start of every new tenancy. As such, if they renew the tenancy on or after June 1st 2019 then they should make sure that their deposit is not more than 5 weeks rent (6 where the annual rent is £50,000 or more). If it is, then any amount above the limit should be returned.

Breaches of the tenancy agreement (damages)
Where the tenant has breached their tenancy agreement and caused damage as a result, then landlords may still seek compensation via deductions from the deposit or court action. They should also be able to leave clauses in their contract stating that the landlord may seek their costs for damages.

Breaches of the tenancy agreement (default payments)
Landlords are allowed to charge for two types of default payments - loss of keys and late payment of rent. Both are subject to restrictions.
For the loss of keys, landlords are allowed to charge the reasonable cost that they can evidence in writing. Anything landlords cannot evidence in writing with receipts will likely be considered a prohibited payment.
For late payment of rent, landlords and agents may only charge 3% above the Bank of England base rate in interest on the late payment of rent from the date the payment is missed. At the time of writing this would be 3.75% interest. They may not charge for sending reminder letters.
How to calculate interest on the rent
The calculation is (rent amount in arrears) x 0.0375 / 365 x (the amount of days since the arrears began).

Changes to the tenancy
While most costs related to assignment or surrender of a tenancy are prohibited, landlords and agents are still allowed to charge certain small sums to tenants if the tenant requests a change in tenant or an early surrender.
Where the tenants have requested a change in the tenancy (such as swapping tenants), the landlord may charge a fee of £50 for the change or the costs incurred. Landlords and agents will be able to charge the equivalent of the rent lost due to the unforeseen void period. As the void period may not be clear at the point of charging many landlords and agents will likely start to regularly refuse tenants looking to surrender early as a result.