*For Sale By the Modern Method of Auction – Staring Price £50,000 plus reservation fee*
A two bedroom, mid terrace property located in ideal location close to local amenities Hargher Clough Park and a short drive to the M65 with links to Manchester, Blackburn and Preston, this property presents an ideal purchase for first time buyers or landlords & investors looking for a buy to let.
The property briefly comprises to the ground floor, an entrance vestibule leading into a generous living room boasting a wooden fireplace and mantle with gas fire. To the rear is a kitchen/diner housing matching wall, base and drawer units with complimentary work surfaces, stainless steel sink and stable door leading to the back yard.
To the first floor are two spacious double bedrooms and bathroom housing a three piece suite in white comprising a low level WC, pedestal wash basin and panelled bath with overhead shower, and useful storage cupboard.
The property benefits from the modern day comforts of UPVC Double Glazing.
Externally there is an enclosed yard to the rear.
The lease is 999 years starting from 1883. There are 860 years remaining. The ground rent is £5.88 per annum. The property is council tax band A.
For Sale by Modern Method of Auction; Starting Bid Price £50,000 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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