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Auction Guide   |   Ref: 30472852

£250,000

Cotton Tree Lane, Colne

  •   4 Bedrooms
  •   1 Bathrooms
  •   2 Receptions

IDEALLY SUITED TO CASH BUYERS

A rare opportunity has arisen to purchase a piece of local history dating…

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Key features

  • Substanial detached former church
  • Spacious accommodation
  • Flexible living space
  • 4 double bedrooms
  • Two bathooms
  • Potential for further development
  • Rear garden
  • Off road parking
  • South facing views
  • Overlooking Colne water

Full property description

IDEALLY SUITED TO CASH BUYERS

A rare opportunity has arisen to purchase a piece of local history dating back to the late 1800’s. This former Methodist church offers spacious living accommodation making this the perfect property for a growing family. A prime location a short distance away from local amenities, schools and sit on a delightful plot with fabulous south facing views over Colne Water, as well as open fields.

The current owners have part converted the property into one dwelling and there is now incredible flexibility to complete the work to provide a sizeable four bedroom family home. There is an undeveloped quarter of the building (East Wing) which is currently used as a workshop which could be re-developed to provide further accommodation, subject to planning permission. Throughout there is still an abundance of character features such as floor to ceiling windows, vast open plan areas, mezzanines and pitched ceilings.

The property comprises of entrance hallway, a double workshop, living room, dining room, newly fitted solid oak kitchen with appliances completed in February of this year, four double bedrooms one with an en suite and three piece family bathroom.

Externally there is a driveway providing ample off road parking for at least several vehicles, private patio garden where you can take full advantage of the views to the rear with access to a useful cellar.

The property benefits from part of the ground floors being insulated to 50mm and new flooring, together with part of the walls being boarded and insulated to 100mm. Replacement windows with energy efficient glass. New consumer unit and re wired lighting and sockets with some work to finish. With gas fired central heating powered by a new gas fired combination boiler and recently commissioned central heating system (certificate available) with additional heating from a multi fuel log burner with back boiler

Viewing is essential

For Sale by Modern Method of Auction; Starting Bid Price £250,000 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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Property listed with…

Petty Real, Colne

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