Apartment 4.2, Thorngate House, St. Swithins Square, Lincoln

Guide Price
£170,000
For Sale
1/21
Guide Price
£170,000
For Sale
Oliver Payling
Sales Negotiator
01522 568822
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Property summary

Leasehold
Modern Method of Auction - T & Cs Apply
Reservation Fee Payable
Fourth Floor Apartment
Two Bedrooms
Secure Allocated Parking Space
Concierge, Lift & Key Fob Entry
Family Bathroom & En-Suite
City Centre Location
No Onward Chain
EPC Rating - C, Council Tax Band - D
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Oliver Payling
Sales Negotiator
01522 568822

More about the property

For Sale by the Modern Method of Auction – T & Cs Apply

A spacious fourth floor apartment which is being sold with the added benefit of having no onward chain as well as allocated parking located in an ideal position within Lincoln City Centre being a short walk away from a fantastic range of local amenities.

The building benefits from secured fob entry, concierge service and lift access to hallways as well as stairs.  The accommodation on offer includes Entrance Hallway with fitted storage cupboards, modern open plan Kitchen Dining Living Area with fitted appliances as well as two double Bedrooms, one with En-suite Shower Room as well as a well sized Bathroom with separate shower cubicle and hot towel rail.  

The property also comes with the added benefit of a balcony area overlooking St Swithins Church and the Cathedral beyond as well as views into the city. The apartment further benefits from a covered secure allocated parking space. 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.

Agent’s Note – We have been advised by the current owner that the property is leasehold with approx. 982 years remaining on the lease. The costs per annum for ground rent and service charge is approximately £2,034.24.

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Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 22 Mbps / Upload: 1 Mbps or less
Superfast: Not Available
Ultrafast: Download: 1000 Mbps / Upload: 1000 Mbps

Stamp Duty Land Tax

Below is an illustration of the Stamp Duty Land Tax ("Stamp Duty") that would be payable, based on a set of assumptions. You should always check your stamp duty liability and any other costs due with your solicitor or conveyancer.

£900 would need to be paid in stamp duty on purchasing this property, assuming that you are purchasing freehold, purchasing as an individual (or jointly with someone else), and this will be your only property.

First Time Buyers may claim a discount (relief) on purchases of £625,000 and under.

The stamp duty for first time buyers would therefore be £0.

Accommodation

BUYING CONDITIONS
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.


Entrance Hall
Lounge
7.8 x 4.11m
Kitchen
2.95 x 2.08m
Bedroom 1
6.05 x 4.06m
En-Suite Shower Room
2.95 x 1.19m
Bedroom 2
4.95 x 2.87m
Bathroom
4.05 x 2.11m
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