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Auction Guide   |   Ref: 31106460

£35,000

Evelyn Street, Burnley

  •   2 Bedrooms
  •   1 Bathrooms
  •   2 Receptions

End-Terrace is located in the BB10 area close to Burnley General Hospital with fantastic potential to convert to a three-bed…

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Key features

  • End-Terrace
  • BB10 Area
  • Potential For Three Bedrooms
  • Two Reception Rooms
  • Fantastic Potential
  • Modern Method Of Auction
  • Buyers fees apply
  • Subject to Reserve Price
  • Perfect Investment Property
  • Modernization Required

Full property description

End-Terrace is located in the BB10 area close to Burnley General Hospital with fantastic potential to convert to a three-bed property. Perfect for investors looking to get a foothold on the property ladder and add their stamp.

Entering the property into the hallway, this leads to the front living room with a gas fire, rear dining room also fitted with a gas fire and a kitchen extension fitted with matching wall, base, and drawer units with contrasting working surfaces.

On the first floor, there are two bedrooms and an occasional room which houses the boiler and provides access to the three-piece bathroom suite comprising a low-level WC, pedestal hand wash basin, and paneled bath with an overhead electric shower.

The property has fantastic potential to convert into a three-bedroom property. This would create the ideal family home for any homeowner or a great rental property. The rental income a month as a three-bedroom would provide a £475 PCM return.

Externally there is a rear yard and an outside WC.

For Sale by Modern Method of Auction; Starting Bid Price £35,000 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, Burnley

26 Manchester Rd, Burnley BB11 1HH

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