Apartment 4.3 Thorngate House, St. Swithins Square, LINCOLN, Lincolnshire, LN2 1HA
- Conditional Online Auction Sale
- Bedrooms: 2
THE GOTO GROUP ARE PLEASED TO OFFER FOR SALE VIA ON LINE AUCTION THIS TWO BEDROOM LUXURY APARTMENT IN LINCOLN CITY CENTRE
Tenure
LEASEHOLD
Description
The Property
A stunning, purpose-built, luxury apartment located in the north-eastern corner (fourth floor) of this landmark building in the centre of the city and enjoying captivating views of Lincoln's other famous landmark, the magnificent Cathedral.
Finished to an exceptionally high standard, this impressive, self-contained home is heated by programmable electric convector radiators and includes the advantages of double glazed (some triple glazed) windows, a quality range of contemporary, gloss finish kitchen units (with integrated oven, hob, refrigerator, freezer and dishwasher), built-in wardrobes in both bedrooms and a four piece bathroom suite including bath and separate shower.
And if that isn't enough to persuade you to take the time to view, the apartment also features a northerly facing balcony with views along Broadgate towards Lindum Hill and a truly remarkable vista of the south side of Lincoln Cathedral, over the top of St Swithin's Church.
Two lifts lead from the communal reception area to the fourth floor. The apartment is located in the north-eastern corner.
The accommodation briefly comprises: Entrance Hall, (with integral, double cloaks cupboard), Utility Room (housing a high capacity hot water cylinder), open plan Breakfast Kitchen and Lounge (with double glazed door to balcony), TWO DOUBLE BEDROOMS and Bathroom.
The secure parking space is reached, via a remotely operated roller door and ramp, from Thorngate (or on foot from reception).
Built in 2006, Thorngate House lies within easy reach of High Street shops, Theatres, nightclubs, pubs, restaurants and train station and offers the pinnacle in city centre living with concierge service, two lifts and secure parking on-site. The building is also protected by a sprinkler system and includes refuse chutes from each floor and a security intercom system allowing remote entry.
Tenure
The apartment is Leasehold with a 999 lease which commenced on 01 January 2006.
An annual service charge is payable which includes Buildings Insurance, Concierge Service, Lift Maintenance, Sprinkler System Maintenance, Communal Lighting, Management Fees and Accounts costs.
The annual service charge for 2020 has been paid.
The management of the building is undertaken by:
Witham Management Company Limited
The Circus, Belton Park Road,
Skegness PE25 1GU
EPC Rating
CURRENT 84/85 POTENTIAL
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £5,382 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay the fee specified above towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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