*For Sale by the Modern Method of Auction* – Starting Bid Price £70,000 plus reservation fee.
Attention all investors – being sold via the Modern Method of Auction, a two-bedroom quasi property on the outskirts of Burnley. Close to Burnley General Hospital, local amenities and a short drive to Burnley Town Centre. This property presents an ideal investment for an investor or first-time buyers looking for a project.
The property briefly comprises an entrance hallway with stairs leading to the first floor and a small shower room. Adjoining the hallway is a generous living room that has been knocked through to where the original bathroom would have been, benefitting from a gas fire and double doors leading into the conservatory at the back of the property overlooking the garden.
The kitchen houses matching wall, base and drawer units with contrasting work surfaces, a double bowl stainless steel sink, oven and gas hob with a useful under stair storage area. Adjoining the kitchen is a small lobby with access to a ginnel at the side of the house and a downstairs WC.
On the first floor there are two spacious double bedrooms, both boasting original fireplaces and a family bathroom housing a three-piece suite comprising a low-level WC, pedestal wash basin and panelled bath with overhead shower.
The property benefits from the modern-day comforts of gas central heating and UPVC double glazing.
Externally, to the front of the property is an enclosed garden laid to lawn and to the rear is a large garden with a decking area and lawn.
For Sale by Modern Method of Auction; Starting Bid Price £70,000 plus Reservation Fee.
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 Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 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 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 £300.00 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. Read more
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