Oak Crescent, Walsall
Monthly Rental Of £1,050

iLove homes® are offering for rent this stunning semi-detached property situated in Walsall & benefitting from a variety of amenities in Bloxwich and Walsall town centres including: Bars, restaurants and shopping facilities, with attractions such as The Walsall Arboretum, Tate Gallery Walsall and The leather Museum. Commuter benefits include the nearby A461 to Brownhills and Lichfield plus the A34, M5 & M6 roads linking the Midlands motorway network with both local & national bus & train routes available from Walsall town centre.

This beautifully presented property briefly includes; reception hall, lounge, fitted kitchen and an extended play room/reception 2. On the first floor there is a landing leading to a useful loft room with velux window, two bedrooms and a re-fitted bathroom. Externally there is a large enclosed rear garden and driveway affording off road parking. For viewings, contact iLove homes in the first instance.

Approach
Driveway with off road parking

Entrance Hallway 
Staircase to first floor, door to:

Lounge 
4.23m x 3.91m
Double glazed bow window to front, feature fireplace and radiator to wall

Kitchen 
5.13m x 2.31m
Double glazed window to rear, base units, work surfaces incorporating sink and drainer unit and space for appliances

Play Room/ Reception Room Two 
3.57m x 1.97m
With double glazed french doors to rear garden

First Floor Landing
 
Bedroom One 
5.19m x 3.01m
Double glazed window to front, radiator to wall and staircase to loft

Loft Room
3.97m x 3.04m
Velux window to rear

Bedroom Two 
2.71m x 2.21m
Double glazed window to rear and radiator to wall

Re-Fitted Bathroom 
Double glazed obscure window to rear, bath, wc, hand wash basin and radiator to wall

Outside 

Rear Garden 
Patio, pathway and laid to lawn

NEARBY SERVICES
Closest primary school: Christ Church Church of England Primary School (470 yards)
Closest secondary school: Queen Mary's High School (1.2 miles)
Closest GP: Harden Health Centre (410 yards)
Closest hospital: Bloxwich Hospital (0.9 miles)

VIEWINGS
Viewings are strictly by appointment only. We request that your initial enquiry to view will be through portal advertising. We are working incredibly hard to assist as many people as possible to find their new home. However, due to unprecedented demand for properties, we can only book you a viewing slot when one becomes available and full access has been established.

PHOTOGRAPHY
Please be advised that some images included in our marketing materials feature virtual staging techniques designed to illustrate the property’s potential appearance; these digitally altered images do not represent its current condition

MONEY LAUNDERING REGULATIONS
Prospective tenants will be asked to produce photographic identification and proof of residency once a deal has been agreed in principle.

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.

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