2 bedroom flat for sale
Key information
Property description & features
- 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"<br />
Balcony
7.87m x 1.55m - 25'10" x 5'1"<br />
Kitchen
4.45m x 1.19m - 14'7" x 3'11"<br />
Utility
1.96m x 1.8m - 6'5" x 5'11"<br />
Bedroom 1
3.51m x 3.28m - 11'6" x 10'9"<br />
Bedroom 2
3.51m x 2.67m - 11'6" x 8'9"<br />
Bathroom
2.9m x 1.98m - 9'6" x 6'6"<br />
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 10359518. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pygott & Crone - Lincoln.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 12, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 12, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 12, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.