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52B Thornton Place, Clapham Common North Side, London, SW4 0AB

Lot no: 9 Sold at Auction for £607,000
 

Guide Price £600,000+ plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Reservation Fee is subject to a minimum of £6,000.

Thursday 22nd October 2020

11.30am
Key Features
  • A two bedroomed apartment
  • Three bathrooms
  • In the desirable Thornton Place development
  • Private entrance and use of communal gardens
  • EPC Rating: E
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Sold at Auction for £607,000

Apartment

Property Description:

A two bedroomed, three bathroom apartment set on the lower ground floor of the desirable Thornton Place development with its own private entrance and use of communal gardens.

Built in 1860, Thornton Place is a magnificently restored Grade II listed building, set in a commanding position overlooking Clapham Common. With its high ceilings and lateral living space, the unique and recently refurbished apartment benefits from a private garden, lift, on-site dedicated concierge services and uninterrupted views over the 220 acre tree-lined common opposite.

Thornton Place is ideal for those either looking to downsize, buy a family home or wishing to have a pied a terre in the Capital. Thornton Place has an in-house concierge service located on the ground floor. The private, walled garden to the rear of the property has recently been landscaped with sets of garden furniture for entertaining.

Accommodation:

Lower Ground Floor: Entrance hallway, master bedroom with en suite, bathroom, reception room, kitchen, bedroom two with en suite shower room.
Outside: Communal grounds.

Location:

Perfectly located to access the City and the attractions central London, yet walking distance to all the amenities of the charming Clapham Old Town and to the diverse and excellent local schools. Clapham Old Town has an abundance of coffee shops, European delicatessens and artisan food selles all within walking distance of Thornton Place. It is a very social corner of London, with the sporting community surrounding the common and the copious number of chic, traditional or alfresco dining experiences. Where bohemian meets sophistication. The boutique shops sit side by side with the local arts scene that Clapham is so well known for

Note:

The buyers fee on this lot is £2,400 inc VAT

Tenure:

Leasehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

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