Map2 bedroom flat for sale
Key information
Features and description
- Tenure: Leasehold
- For Sale By Modern Method Of Auction T&C's Apply
- Reservation Fee Payable
- Modern Two Bedroom Apartment With Balcony
- Popular Location & Highly Regarded Building
- Recently Improved By Current Vendor
- Secured Off Street Parking
- Open Plan Kitchen Dining Living Area
- Excellent Rental Potential
- EPC Rating C, Council Tax Band D
For Sale By Modern Method of Auction T&C's Apply
A chain free city centre, fourth floor apartment in the popular Thorngate House development which has recently undergone a period of modernisation by the current vendor and is ready to be moved in too and enjoyed by the purchaser and comes with the added benefit of secure gated parking.
The building benefits from secured fob entry, concierge service and lift access to Hallways as well as stairs.
The apartment's accommodation includes an Entrance Hallway with storage cupboards, recently fitted Bathroom with separate shower cubicle, Two Double Bedrooms, Utility Room with washing machine and an open plan Kitchen Dining Living Area. There is also a balcony which has city views.
Lincoln's High Street is just a short walk away as well as being within easy reach of the Bailgate & Cathedral quarter. Transport links such as Bus & Rail Station are also well within reach making the property ideal for commuters as well as having excellent rental potential for investors.
Agents Note - The property is leasehold and we understand there is approx. 984 years remaining and the service charges & ground rent total in the region of £1827.15 per annum.
Rooms
BUYING CONDITIONS
This property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, Iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
BUYERS INFORMATION PACK
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Lounge Dining Room
4.62m x 4.42m - 15'2" x 14'6"
Balcony
7.87m x 1.55m - 25'10" x 5'1"
Kitchen
4.45m x 1.19m - 14'7" x 3'11"
Utility
1.96m x 1.8m - 6'5" x 5'11"
Bedroom 1
3.51m x 3.28m - 11'6" x 10'9"
Bedroom 2
3.51m x 2.67m - 11'6" x 8'9"
Bathroom
2.9m x 1.98m - 9'6" x 6'6"
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